Various changes to the law will come into force on 1 January 2025. We briefly summarize the most important changes for you as a private individual:

Pillar 3a: Increase in payment amounts and purchases
In 2025, the maximum tax deduction for payments to the 3rd pillar will be CHF 7'258. If you are not affiliated to a 2nd pillar pension fund, the maximum amount is CHF 36'288.

Pension gaps in the 3rd pillar that arise from 2025 onwards can now be bought in retroactively within 10 years, subject to certain restrictions and conditions:

• The gap must not have arisen before 2025
• The gap must not date back more than 10 years
• The difference between the maximum amount and the amount actually paid in is deemed to be the gap
• You must have been entitled to pay into the 3rd pillar in the year in which the gap occurred
• In the year of payment, the maximum amount must first be paid in
• Gaps may only be closed to one maximum amount per year

You still have the option of making payments in this year. It may be advantageous to invest the amount paid in, instead of parking it in an account that pays hardly any interest, in order to benefit from potential profit opportunities. Ask your bank about the available options – or, if you prefer digital solutions, explore the benefits of a digital pension provider. The maximum tax deductions for 2024 is CHF 7'056 (with pension fund) or CHF 35'280 (without pension fund) in 2024.

Higher AHV/IV pensions
AHV/IV pensions will be adjusted in line with price and salary trends from 1 January 2025 and will increase by 2.9% to a maximum of CHF 2'520 (2024: 2'450) per month.

Increase in reference age for women
The reference age (retirement age) for women will increase by three months for the first time from 1 January 2025 and will therefore affect women born in 1961.

Higher child allowances
The minimum amount for child and education allowances will be increased for the first time since 2009. In the future, the child allowance will be at least CHF 215 per month, while the minimum education allowance will be increased to CHF 268. The actual contributions in your canton should be available on the websites of the social security authorities by the end of December at the latest or under the following link.

Contributions to AHV on low wages
Low salaries of up to CHF 2'300 per employer are exempt from AHV contributions (except for domestic staff). From 1 January 2025, this threshold will be raised to CHF 2'500. Employees can request a deduction from their employer if they wish.

Take advantage of our expertise - we will be happy to answer any questions you may have in the new year!

+41 41 226 30 55
This email address is being protected from spambots. You need JavaScript enabled to view it.