Swiss Life
AnnuityPlan

You can choose for what period you wish to receive the annuity payments. You can specify both the beginning and end of the annuity payments.
Swiss Life guarantees the annuity payments for the period you have chosen. The amount of the annuity payments may increase as a result of non-guaranteed bonuses.

During the deferral period until the start of the annuity payments, the bonus annuity is financed by bonuses; the bonus annuity increases at the beginning of each insurance year due to the bonus allocation. The bonus annuity is guaranteed from the start of the payment period and is paid out together with the originally guaranteed annuity. You also receive bonuses allocated during the payment period in the form of an excess annuity. The exess annuity is not guaranteed.
 

• Stamp duty: 2.5% of single premium only if an annuity guarantee period is included
• No wealth tax for life annuities without annuity guarantee period
• The surrender value of the life annuity with the annuity guarantee period is subject to wealth tax. (The surrender value is the amount we pay out to you if you surrender your insurance contract before the annuity guarantee period has expired.)
• The profit portion of the annuity payments is taxed together with other income. The profit portion comprises the income portion of the contractually guaranteed benefit and the income portion of the bonus benefits. Bonus benefits refer to the bonus annuity and the excess annuity.
• The profit portion of the contractually guaranteed benefits is calculated on the basis of the maximum permissible technical interest rate applicable to the contract at the time of contract conclusion. The profit portion of the bonus benefits is 70%.
• At the beginning of every calendar year, you will receive a statement showing the tax value, the annuities paid out in the previous year, the taxable profit portions as well as other information in accordance with Swiss tax provisions, to be enclosed with your tax return.

From CHF 100'000 (excl. stamp duty)

Guaranteed annuity, bonus annuity and excess annuity
During the payment period, you receive the guaranteed annuity plus any non-guaranteed bonus annuities and excess annuities. The bonus annuity supplements the guaranteed annuity and is financed with bonuses from the deferral period. The excess annuity is funded using bonuses from the payment period.

Yes, this is possible. You determine the period for which the annuity payments will continue to be made after your death. In your last will and testament, you can determine to whom your Swiss Life AnnuityPlan contract should be transferred.