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Old 10.11.2008, 22:14
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Re: 3rd Pillar Pension Fund

For most people the taxes you save now, due to deducting the 3a contribution, exceed the taxes you pay later on redeeming the 3a. Redemption is however only allowed when leaving Switzerland and a few other reasons.

Moreover, 3a accounts have higher interest rates. The assets in 3a are exempt from wealth tax. The interest from 3a is exempt from income tax.
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