If True Wealth opens at least five 3a accounts and I have additional 3a accounts with other providers, is that a problem?

No, if you have more than five 3a accounts in total, that is generally not a problem. On the contrary, it can even help you to structure your staggered withdrawal flexibly. This is because when you withdraw your 3a funds, you can pay out several accounts at the same time and choose which ones. Since True Wealth automatically distributes the deposits across the accounts, you don't have to worry about managing the individual accounts.

However, please note that tax practices for withdrawing pension funds vary from canton to canton. In addition to direct federal tax, some cantons, but not all, apply progressive taxation to capital payments from pension plans. The tax treatment of staggered withdrawals also varies in terms of progression. You should therefore check with your tax authority in good time. With our solution, we aim to give you maximum flexibility when it comes to future capital withdrawals – even if you do not yet know in which canton you will be withdrawing your pension capital.