3ieme pilier B sur le canton de Genève

[Dr.PI]

Looking for a 3b pillar to invest into

Hi alanmack, The term pillar 3b is used by insurance companies to denote insurances which fall under the tax deduction for health, life, and disability insurance. The problem is: This tax deduction is already nearly or fully taken up by your premiums for mandatory health insurance. So unless you have very low health insurance premiums (lower than is possible in Geneva, except possibly with premium reductions), pillar 3b insurance has zero tax benefit. There is talk of raising the tax deductio…

3b Pillar account

i understand 3b is the flexible pillar (compared to 2nd and 3a which are really designed for the old age pension). Contributions are not tax deductible (with below exception), but the withdrawls are tax free, and much more liberal - unrestricted. if my understanding is correct, there is a tax benefit for residents in the Cantons of Geneva and Fribourg specifically. but i’m not clear how exactly , are the contributions tax fee ? is it a good idea as an addition to a 3a account ? any opinion /…

Is pillar 3b always an insurance?

Depending on where I read, some seem to say that pillar 3b is always a life insurance; or any insurance like unemployment insurance; or no insurance at all and all savings that you allocate to your retirement are considered 3b. I couldn’t find any official definition anywhere, Anybody knows?