Pillar 3a custody account
Higher earnings potential for your money in the third pillar
The Fisca custody account is the pillar 3a custody account of UBS. Your money is invested in Vitainvest investment funds – so you can benefit from developments on the financial markets.
Save on taxes
Payments into pillar 3a are deductible from taxable income
Higher earnings potential
Your money does not earn interest, but is invested in UBS Vitainvest investment funds
Advance withdrawal
Possible, for example when buying your own home or becoming self-employed.
Vitainvest investment funds
With the Vitainvest investment funds, you have a choice between 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.
We'll gladly show you different opportunities and work out a suitable solution for you.
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?
A custody account is the ideal complement to a retirement savings account – because saving for retirement with funds offers higher returns over the long term compared to a savings account. Your money is invested in UBS Vitainvest investment funds, which allows you to combine the tax advantages of retirement savings with investment funds.
Flexible payments
A custody account gives you flexibility: In line with your investment strategy and within the legal requirements, you can buy or sell fund shares. However, this is subject to a maximum amount, which is set annually by the Swiss Federal Department of Social Security.
Good to know: You must normally sell pillar 3a fund shares as soon as you reach the AHV retirement age. This is not the case with Vitainvest investment funds. You can transfer them to your securities custody account when you retire. This lets you stay flexible with regard to selling the shares later.
With a pillar 3a custody account, you can save on taxes several times over:
- You can deduct the annual paid-in amount from taxable income.
- The assets saved up are exempt from wealth tax until maturity.
- Interest and capital gains are exempt from income tax.
- When your retirement savings are paid out, they are taxed separately from income at a reduced rate.
The state counts your own home as part of your retirement provision. This lets you use assets from pillar 3a before reaching AHV retirement age to finance the purchase of a home – though only if you move into the house or apartment yourself.
In terms of financing, you have the following options:
- You can pledge your retirement capital as collateral for your mortgage.
- You can withdraw your retirement capital and thus increase your equity when purchasing the residential property – or you can use it to pay off an existing mortgage.
You can also use the amount you've paid in annually to the custody account to indirectly amortize the debt on the mortgage.
We’ll gladly show you in detail how you can finance your own home with retirement assets.
In principle, the capital you hold in a custody account is bound by law until you retire – and the soonest you can access it is five years before you reach the AHV retirement age. Early withdrawal, however, is possible if you
- buy or build your own home, which you move into yourself;
- would like to pay back debt on a mortgage for a residential property you live in yourself;
- become self-employed;
- leave Switzerland permanently;
- buy into a pillar 2 pension fund;
- draw a 100% benefit from the Swiss Federal Invalidity Insurance and the invalidity risk is not insured.
