Dr.PI
August 24, 2022, 9:36pm
2
You might be able to withdraw 2nd pillar or a part of it as cash. Then you can invest it the way you want.
Hello,
from a few years in Switzerland, I built up a small amount of cash in a 2nd pillar (now “Libre passage” at Retraites populaires - no growth, high fees), as well as in 3rd pillar (post savings).
Since several years I now live in UK. I am not a Swiss citizen.
If I understand correctly, extracting the $ from switzerland now would mean that I would be liable to pay taxes on it (either in Switz or in UK, or potentially both)?
I emailed a few banks mentioned on this forum to understand if w…
Hello all,
we are about to leave Switzerland permanently by the end of this year, I have some funds in 3a pillar (nothing extraordinary, around 40k). If I understood correctly leaving the country allows to withdraw these funds prematurely, however I was not able to find out what (if any) taxes are applied on such withdrawal by Swiss fiscal authorities?
Also, I am thinking if it’s worth to make contribution towards 3a pillar for this year and do the “rectification” next year (after we leave). A…
Hello there! My husband and I are on a B permit and he has been offered a job in Sweden. We plan to accept the job as it is a good opportunity, but we would like to come back to Switzerland in a few years time.
Do you have any advice / tips on what to do with our 2nd and 3rd pillars, investments etc? I assume that we don’t have much say about what to do with our second pillar, but could we just keep the third pillar where it is (with VIAC) for a few years?
Same applies to our DeGiro account, I…
Hi everyone,
I’ve been following this community for a while but this is my first time posting.
I am considering pulling the plug in six months time. A lot of fear and apprehension at walking away from a very high-paying job, but that would be a topic for another post. I’m now starting to get serious about modelling taxes etc.
In particular, I have questions about withdrawing pillar 2, and I’m thinking there may be people in this group that could advise on options. I’ll probably hire a tax adv…
I am 34 years old, married 2 Kids (9 and 13).
I’m planning to stop working in my 40ies, let’s say at age 45 to travel the world and probably settle down in a some places for a few years here and there.
Last year I took out 60k of my 2nd Pillar to buy our house.
Currently I don’t plan to invest in 2nd Pillar since I think I can get better returns elsewhere and I’d have to pay back the 60k first.
The thing that is not quite clear to me is:
What happens with your 2nd Pillar when you stop worki…
I know that you can cash out your whole retirement account when leaving CH and NOT going to an EU country; you get the money you set aside and the employer’s contributions.
However, I’m not super clear on a few things:
are there taxes to pay? if so, what are they (income tax? special tax?)
is the money taxed in Switzerland or in your new residence country?
is it better from a tax standpoint to become self-employed and cash the 2nd pillar out while still a resident instead? what are the criter…
2 Likes