The vested benefits custody account is the ideal complement to the vested benefits account. Invest your money in investment funds and benefit from developments in the financial markets.
Assets, interest and capital earnings are tax-exempt before withdrawal
Higher earnings potential
Your assets are invested in UBS Vitainvest investment funds
Possible, e.g. when you become self-employed or want to finance a home
Vested benefits custody account at a glance
- Free account management
- No notice period
- Free purchase and sale of shares
- Flexible at retirement – the shares can be transferred for free to a UBS securities custody account
- Comprehensive advice on the choice of an investment strategy
- Regular investments in UBS Vitainvest investment funds are possible (investment fund savings plan for the UBS Vested Benefits Account)
Good advice pays off
We’re glad to answer any questions you may have about pensions and will give you comprehensive advice – for example, on the following topics:
- Will I have enough money when I retire?
- How can I invest my money to get higher returns?
- How can I finance my own home with pension funds?
- How can I best plan my retirement to save on taxes?
Vitainvest investment funds
With the Vitainvest investment funds, you have the choice between seven different investment funds with varying holdings of bonds, stocks and real estate. The choice of a fund depends on your personal investment strategy and risk tolerance. It’s also possible to invest your money in several investment funds.
The UBS vested benefits account is the ideal complement to the vested benefits account. By investing your pension fund money in Vitainvest investment funds, you benefit from higher earnings potential in the long run. With the detailed annual wealth disclosure, you can keep an overview over your retirement savings.
Free choice between different Vitainvest investment funds
Your fund shares will be kept safe in the vested benefits custody account. You are free to decide how much you want to invest in one or several of the eight Vitainvest investment funds. With an investment fund savings plan for your UBS Vested Benefits Account, you can regularly invest a fixed amount from your UBS Vested Benefits Account in UBS Vitainvest investment funds.
Good to know: Fund shares in pillar 2 normally have to be sold as soon as you've reached AHV retirement age. This is not the case with Vitainvest investment funds. You can transfer these to your securities custody account when you retire. This way you remain flexible in terms of when to sell the shares later.
The Vitainvest investment funds are managed by a comprehensive multi-manager concept. UBS Global Asset Management manages the funds with other globally leading asset managers.
For the duration of the term, your savings in the vested benefits custody account are exempt of tax. Interest earnings and capital gains are tax-exempt until withdrawal.
When your retirement savings are paid out, they will be taxed separately from other income at a reduced rate.
If you move into the house or apartment yourself, you can use the money in your vested benefits custody account for the financing. The withdrawn amount can be paid back into pillar 2 at any time. Alternatively, it is also possible to pledge the funds.
The money can then be used for building, buying or renovating real estate as well as for some forms of participation (e.g. housing cooperatives, tenant public limited companies). You can also use it to amortize mortgage loans.
Good to know: The financing of vacation houses, vacation apartments or secondary residences with savings from pillar 2 is not allowed.
You can withdraw your savings no earlier than five years before you reach the statutory AHV retirement age.
Early withdrawal is possible if
- you want to use your retirement savings to finance your own home (possible every 5 years);
- you become self-employed;
- you leave Switzerland permanently (restrictions apply in EU countries, Liechtenstein, Iceland and Norway);
- you receive a full invalidity pension;
- your vested benefits account has a lower balance than your current annual contribution to your occupational pension plan
- the account holder dies, in which case the beneficiaries receive the savings.
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