Staggered withdrawal of Pillar 2 after moving abroad. Is it possible?
Note: buyin while you already decided to move abroad can be problematic (there are court cases), this was discussed at length in the forum tho.
You can withdraw it at any time once you’re abroad, there’s no specific timing.
I don’t think so, iirc the only reason for partial withdrawal is primary home ownership.
That said pension funds are typically split into 2 vested benefit account (you have to ask for this) so that it can be spread over two withdrawals.
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Are you Swiss?
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When you quit your job you might want to transfer (and split 50/50) your Pillar 2 to two different vested/foundations (Finpension for instance offer this kind of construct).
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To my undertanding the 3 years count from the day you made the last purchase. But I believe you can only withdraw fully accounts (in this case 2x half of your Pillar 2).
What I can tell is that the information that you bought-in 50k is transmitted to the vested benefits foundation. So VIAC or Finpension is in charge of enforcing the 3 years rule!
Pillar 3 has no such restrictions.
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can you split into more than two?
In which Kanton is the residence of your pension provider? If it is not Kanton Schwyz I recommend you open a vested benefit account there and have it moved, as you will be taxed there.
You cannot buy in 2 years before you take out the money.
This is what you pay in Kanton Schwyz:
No. If you leave your employer and do not have a new job, you can split a maximum of 2. Then there are stories about starting a new job and only bringing one back, which then means that over the years you end up with more than 2. But that has already been discussed in detail elsewhere in the forum. Also in terms of what this means legally.
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Can you please link some relevant posts about this?
I am not Swiss, I am an EU citizen.
for example: Will 2nd pillar optimization end?
A nuance: each PF can be split into 2, so if you have more than 1, you can split each into 2.
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Tho the cases where it’s allowed legally is not very common (multiple employers, each above the 20k/year limit). Most people are not supposed to end with >2 vested benefit accounts.
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I think a common one is for high earners and the employer provides a special 1e pension fund. Some companies have 3 pension funds, the third being one for the top execs (C suite etc.)