Payments into pillar 3a can be deducted from taxable income in the tax return. The amount of tax you can save with the deduction depends on how much you earn and where you live.
Up to 48 % tax savings on the maximum amount of CHF 7’056.
The following table shows the tax savings in the cantonal capitals in relation to the maximum permitted payment for the employed of CHF 7’056 (2024). The tax savings ranges between 10 and 48 percent.
| Taxable income in CHF | 50'000 | 75'000 | 100'000 | 150'000 | 200'000 | 250'000 | |
|---|---|---|---|---|---|---|---|
| AG | Aarau | 21% | 24% | 28% | 34% | 37% | 37% |
| AI | Appenzell | 17% | 18% | 21% | 25% | 27% | 26% |
| AR | Herisau | 22% | 25% | 29% | 34% | 37% | 37% |
| BE | Bern | 24% | 27% | 33% | 39% | 43% | 43% |
| BL | Liestal | 26% | 30% | 35% | 41% | 43% | 44% |
| BS | Basel | 25% | 26% | 29% | 34% | 36% | 43% |
| FR | Fribourg | 26% | 30% | 33% | 42% | 44% | 38% |
| GE | Genève | 31% | 32% | 36% | 42% | 46% | 46% |
| GL | Glarus | 19% | 22% | 25% | 31% | 35% | 35% |
| GR | Chur | 24% | 25% | 28% | 34% | 36% | 36% |
| JU | Delémont | 24% | 28% | 34% | 39% | 41% | 42% |
| LU | Luzern | 21% | 21% | 25% | 30% | 34% | 34% |
| NE | Neuchâtel | 28% | 31% | 36% | 43% | 46% | 41% |
| NW | Stans | 18% | 19% | 22% | 28% | 27% | 27% |
| OW | Sarnen | 17% | 17% | 20% | 25% | 27% | 27% |
| SG | St. Gallen | 24% | 29% | 32% | 37% | 39% | 39% |
| SH | Schaffhausen | 20% | 24% | 28% | 35% | 37% | 33% |
| SO | Solothurn | 25% | 27% | 31% | 37% | 39% | 39% |
| SZ | Schwyz | 15% | 17% | 20% | 25% | 27% | 30% |
| TG | Frauenfeld | 22% | 22% | 27% | 31% | 35% | 35% |
| TI | Bellinzona | 23% | 26% | 31% | 36% | 39% | 41% |
| UR | Altdorf | 18% | 18% | 22% | 26% | 28% | 28% |
| VD | Lausanne | 24% | 28% | 35% | 42% | 46% | 48% |
| VS | Sion | 21% | 27% | 36% | 44% | 39% | 39% |
| ZG | Zug | 10% | 17% | 23% | 23% | 25% | 25% |
| ZH | Zürich | 18% | 22% | 27% | 36% | 41% | 41% |
Assumption: Single, reformed, without children (source: Eidgenössische Steuerverwaltung)
Cantonal and municipal taxes as well as federal taxes were taken into account in the comparison.
Read another article to find out whether this makes pillar 3a worthwhile.