Early withdrawal or pledge – two routes, one goal.
The rules
Who may withdraw how much?
CHF 20,000Minimum withdrawal, possible every 5 years
Owner-occupiedOnly for your main residence
From 50Cap: savings at 50, or half of current savings
The consequences
Less pension, less protection
The withdrawal reduces your retirement pension – and depending on the fund, also the risk benefits for disability and death. A risk insurance policy can close this gap. Married persons need their spouse's consent.
The taxes
Due immediately – but reclaimable
ImmediateCapital-withdrawal tax at a reduced rate
From CHF 10,000Voluntary repayment possible any time
RefundPaid tax reclaimable after repayment
The alternative
Pledge instead of withdraw
Pledge
Savings stay in the fund
Pension & risk cover intact
No tax due
Higher mortgage, more interest
Withdrawal
More equity, lower mortgage
Pension & protection shrink
Tax due immediately
Repayment mandatory on sale
Good to know
Plan them together
💡 WEF, repayment and buy-ins are linked. The order of operations determines taxes and pension level – a classic case for holistic planning.