Coming towards the end of the year, one way to lower your upcoming tax bill is to make voluntary purchases into your pension accounts. These are the pension pillars where you can make such purchases: Pillar 2 This is the mandatory pension account setup by your employer. When you receive

Investing in ETFs is an effortless way to achieve a high degree of diversification. Most ETFs are passively-managed and follow a certain index, meaning that they aim to achieve the same performance as that index. Therefore, it's not uncommon to choose the index first when looking to invest in an

In the process of a property purchase, the topic of amortization will come up sooner or later. This jargony term basically means the process of repaying a mortgage debt. But to understand this, it would help to look at how a mortgage is usually structured. Typically, the financing of a

If you have a 3A account, you might be familiar with the concept of staggered payouts. This is where 3A accounts are liquidated one-by-one each year starting with the fifth year prior to retirement. Since assets from liquidated 3A accounts are counted as income, staggered payouts allow you to save

The question whether to open a third-pillar (3A) account came soon after I started working full-time. But the number of available options made this seemingly simple decision quite intimidating. And I must admit that I made mistakes along the way until I found the optimal solution for myself. But in

While I was a student and not having very much income, I must admit that I didn't really care about the details of the Swiss tax system. I just paid whenever the bills arrive, and never gave it too much thought. But then I graduated, started a full-time job and