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Old 26.08.2021, 10:42
Kandrax Kandrax is offline
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Re: Pillas: Employed vs Independent vs Both

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1. 2nd pillar is hugely inferior to the 3rd pillar as in most company schemes you are simply subsidising the existing pensioners. Id invest the minimum amount you can and withdraw at every opportunity if you are a home owner. It's more of a Ponzi scheme than a personal pension plan. So from a pension perspective contracting is better, provided you get paid enough to pay in your employer contribution as well as the employee part.

2. If you work and are contracting, then you can only put the c. 7k in the pillar 3a.

3. Yes. Although I don't know much about the finer Details

Thanks! So if I could max out the 3rd pillar as independent, it would be much better than employed and putting towards the 2nd. Great to know!

EDIT: Aren't the contributions both deducted? 2nd pillar is deducted straight from the earnings while the 3rd pillar is deducted during the tax declaration?
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