It’s true. Viac has pretty good FX rates compared to other Swiss companies, but of course not something like Revolut or IBKR.
1 Like
Let’s annoy the sh*t out of IB then until they offer a pillar 3a!
1 Like
They would need to partner with someone who has 3a cash to offer >50% equities.
1 Like
A side note from me: just take a step back to see the big picture and try not to be irritated: we are all discussing pillar 3a solely because we can save some tax money. All these extra hoops that we have to take were constructed by some goddamn politicians. For us mustachians it’s just a waste of time. A great example of the retardedness of the law is for example the fact that you can’t reimburse a portion of your 3a stash, only the whole amount. So it’s advised that we spread it over 5 accounts. This pointless overhead makes me really frustrated. And we’re in Switzerland, a country with moderately easy taxes. (end of rant)
4 Likes
FYI yet another reason to avoid VIAC - What to do with Viac 3a when leaving Switzerland for France?
Pilier 3a is for swiss residents… Of you leave the country this your business. You cannot have multiple countries advantages…
2 Likes
Sure, however, improper planning of your exit can wipe out all the tax savings that you’ve got through 3a while you were a swiss resident. And VIAC needs an extra step in this planning or you can get bitten by your new country’s tax and you’d be better off not investing in 3a at all.
1 Like
Come to think of it (even though still expanding the off-topicity of the conversation 
):
If one is not pretty certain that they will stay in CH long enough to withdraw the money at retirement, then it also doesn’t make much sense to maintain 5 different Pillar 3a accounts - as you cannot ramp your withdrawals through 5 years (as you would if you would retire here).
Am I seeing it right?
And a related question:
Can multiple Pillar 3a accounts be merged together at some stage? (e.g. when shifting to other providers)
Yes, you can merge them and even transfer them into new 3a account (also to new provider). Restriction is that you must transfer them fully (and can not partly).
1 Like
Correct. Even if you are going to retire in Switzerland and will buy a property here, then it also doesn’t make much sense to bother with multiple accounts - you can withdraw pillar 3 towards property’s purchase and mortgage amortization every 5 years, and banks allow partial withdrawal for this case.
1 Like