Best way to handle 1M cash

Age, pension balance and retirement age goal?

Depending on canton, your income and wealth tax could be quite high. I’d be tempted to make large extra payments into pillar 2 pension over several years and get 40%+ of tax back as well as shelter from wealth tax.

With a house purchase on the cards, you have a way to get this out again in the future.

If you have a lot of pension capacity, you could easily put 200k+ each year into it and get 80k back in taxes each year for several years.

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