Pillar 3a is a part of private retirement savings in Switzerland and complements the state pension (1st pillar) and occupational pension (2nd pillar). It allows individuals to voluntarily save for retirement with tax benefits. Contributions to Pillar 3a can be deducted from the annual taxable net income.

Wealth held in Pillar 3a is not taxable during its holding period. Deduct the yearly contributions to Pillar 3a from your taxable income. To do this, enter your annual payment amount in your tax return and enclose the tax certificate provided in the radicant app (Profile & Settings, Documents, Tax statements). The tax savings can vary depending on the canton, income and civil status due to tax progression .

Depending on the canton, income and civil status, the maximum amount of Pillar 3a can save around CHF 1,500 to CHF 2,500 in taxes.

For example: With an annual income of CHF 85,000, you can save up to CHF 2,500 per year in taxes.

To open a Pillar 3a account, you must download the radicant app, complete the onboarding, identification and activate your account. Then you can easily open a Pillar 3a account in the app under Pension.

The maximum amount for Pillar 3a in 2024 is:

- For employees with a pension fund (2nd pillar): CHF 7,056
- For self-employed persons without a pension fund (2nd pillar): 20% of annual net earned income, up to a maximum of CHF 35,280

No, there is no minimum amount.

Transfer money from your radicant everyday account to your 3a account, go to Pension in the app and select “deposit”.

To transfer money from a different bank account to your 3a account, you can easily copy the 3a account IBAN from the app and include it in the remittance order. To do this, go to Pension, Settings in the app and copy the IBAN.

At the moment you can only open a 3a savings account. However, we are working on offering multiple accounts as well as 3a investment accounts.

Pillar 3a is a pension account. Funds can only be withdrawn under certain conditions. All payout options are accessible in the app under Pension > Settings > Payout.
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Ordinary payout:
- When you reach the AHV retirement age (at the earliest five years before or at the latest five years after the regular AHV retirement age)

Early payout:
- Financing of owner-occupied residential property
- Change to self-employment
- Purchase into a pension fund
- Receiving a full invalidity pension
- Emigrating from Switzerland
- Due to divorce or change in civil status

With radicant’s focus on the UN Sustainable Development Goals (SDGs), your 3a account deposits not only return interest to you, but also support environmental projects around the world. radicant uses a part of your deposits for financing impactful projects via labelled bonds. This generates interest and impact.

You find the tax certificate in the app under Profile & Settings > Documents > Tax Certificates.

At the moment you can only open a Pillar 3a savings account. However, we are working on offering you a 3a investment solution. Soon you will be able to invest into our sustainable investment products aligned with the UN SDGs and participate in the global financial markets with our actively managed sustainable investment funds.

In the app go to Pension > Add funds > Transfer 3a account, fill out the form and send it to your current pension provider. We'll take care of the rest.

You do not pay any account fees or deposit and withdrawal fees.

One-off fees apply for the following:
- Pledging (per case)
- Advance withdrawal for home ownership (per case)
- Payment abroad or early withdrawal due to self-employment
- Transfer to another Pillar 3a fund within one year of opening the account
- Extraordinary administrative expenses: According to cost

All fees are charged to your pension assets. For more details, see the cost regulations for the 3a Digital Pension Foundation with asset management by radicant bank ag. See more

Your 3a account assets are held by the “Pension Foundation 3a Digital” in your name at radicant bank ag. In addition radicant bank ag is appointed as the asset manager of your assets.

Your 3a account deposits are preferential and protected up to a maximum of CHF 100,000 per client and 3a provider (collocation in the second creditor class). The preferential treatment of the 3a deposits applies additionally and independently of your other deposits (e.g. everyday account).

If you have further questions about Pillar 3a or our offer, you can contact us. You find the contact information below.