Economy

Due to the Tishrei holidays, the National Insurance Institute is rescheduling benefit payments to earlier dates. Find out when funds will be deposited into your account and how the average payment amount has changed.

Employees who finish a period of employment and receive large grants at once can use a special mechanism that will prevent the payment of a marginal tax of up to 50 percent, but one mistake in planning could cost dearly.

Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.

The National Insurance Institute of Israel has released data on the distribution of billions of shekels to 1.3 million families. The current system presents a complex dilemma for policymakers: how to ensure a safety net for children while maintaining incentives for parental employment.

Many in the third age looking for available cash for various purposes are opting for the reverse mortgage model - a loan against the property they own. Why has this controversial financial product become a hit, who allows it, and why is the age factor important? Experts explain what is important to check, why heirs are part of the process, and what financial scams or mistakes might trap those who...

The National Insurance Institute announces that long-term allowances, including old-age, disability, and survivor benefits, are being distributed today. Simultaneously, the agency is collaborating with the Ministry of Construction and Housing to notify eligible citizens about rent assistance.

The National Insurance Institute reminds the public that withdrawing funds from the "Savings for Every Child" program does not require using paid services: the application can be submitted directly to the managing body independently and at no extra cost.

New data reveals that most insured individuals purchase travel insurance only in the final days. Why is this a mistake that could cost you dearly, and which destination leads in medical inquiries?

The National Insurance Institute, in cooperation with the Ministry of Construction and Housing, has launched an initiative to help citizens claim their rights. Approximately 40,000 Israelis identified as potentially eligible for rental assistance will receive an SMS with instructions.

A few hours after the couple's lavish wedding in Italy, the National Insurance Institute noticed a quick change on social media and rushed to send a public and particularly surprising message to the young bride.

About half of Israel's senior citizens live without a pension, and tens of thousands continue to work at an advanced age: the shuttle driver who returns to the road after two surgeries, the security guard who travels every evening from the north to the center, and the 75-year-old factory worker. "People don't work at these ages because they are bored. They work because they have no choice."

Two credit points for 36 months are worth up to 5,808 shekels annually, but many discharged soldiers fail to utilize them because their initial income is below the tax threshold. Significant overpayments often occur due to lack of tax coordination between multiple jobs, but these funds can be reclaimed for up to six years.

The Bank of Israel lists four types of payment cards, and the difference between them determines whether you are paying with your own money or borrowing at interest. What each one does, and how much it adds up to in shekels.

The Bank of Israel interest rate stands at 3.5%, deposits and money market funds still provide a decent return, but many mortgages cost 5% or more; on 200,000 shekels, the gap can reach thousands of shekels per year - and there are also considerations of tax, early repayment fees, and liquidity.

The National Insurance Institute announces that long-term benefits will be distributed tomorrow to eligible recipients. These include old-age pensions, survivor benefits, disability, mobility, and nursing care payments. The institution is also introducing a new digital service to simplify the process of exercising rights.

The National Insurance Institute will transfer long-term benefits to hundreds of thousands of citizens in Israel tomorrow. How much will you see in your bank account, who is eligible to receive it, and when will the money arrive? All the details.

Regulation has made exiting a bank investment portfolio relatively simple, but transferring assets out of an investment house can cost thousands of shekels. Despite the rise in independent trading, banks still dominate the market.

23-year-old Ofek Geva has worked from a young age in his family's confectionery in Ashkelon, and invested everything he saved at age 18 in the stock market. It ended in a painful loss. After studying the field during his military service, he returned to invest with clear rules: long holding period and high risk.

The Association of Investment Houses has appealed to the Capital Markets Authority and the Supervisor of Banks with a demand to re-examine pension distribution fees. The association claims: while management fees have plummeted, the bank commission has been stuck for two decades at a rate of 0.25% and prevents objective advice in default funds. CEO Nimrod Sapir: "The time has come to update the...

The Ministry of Finance salary report reveals: an IDF officer retires with an average pension of 20,000 shekels per month and an accumulated pension of 9 million shekels, while a Major General receives about 73,000 shekels per month. The average pension in the IDF is far from the target set by law; Shin Bet and Mossad employees lead the table, women remain behind.

The National Insurance Institute is publishing digital brochures that consolidate information on rights, benefits, and perks in one place, with direct links to forms and services on their website. Targeted groups include discharged soldiers, senior citizens, victims of hostilities, and mothers.

The Capital Market Authority is requiring supervised financial service providers to conduct a comprehensive review of their identification systems, including a retrospective examination of accounts opened in the last two years.

The Ministry of Finance plans to allow Israelis to manage an investment portfolio of up to 200,000 shekels per year without paying tax on every transition between assets. The main beneficiaries will be long-term savers, but holders of large provident funds may be harmed by the deposit limit. What should you know before the reform takes effect in 2027?

They see us buying, debating, saving, and sometimes giving in to temptation. At Poalim Junior City, children experienced managing money themselves, and while they worked and earned, we asked parents what financial habits they hope to pass on to the next generation.

Former football star Shimon Abuhatzira has filed a petition with the Haifa District Court, claiming that the Tax Authority had previously guaranteed he would be exempt from National Insurance contributions on income earned while playing in Greece. Despite this, the National Insurance Institute is now demanding approximately 350,000 shekels from him.

This week, the National Insurance Institute will finalize benefit distributions for August to hundreds of thousands of eligible Israelis. Find out which payments are expected this Friday and how the average benefit amount has changed.

Deputy Chairman of the Mortgage Consultants Association, Avi Yusufov, explains what is behind the drop in the number of delinquencies and talks about the wave of refinancing sweeping the market: "More households have consolidated existing loans."

Parents in border-adjacent communities expected a significant benefit in daycare tuition. Instead, they discovered a double charge for an "extra package" and a payment of thousands of shekels in advance until the subsidy arrives.

During insolvency proceedings, a debtor inherited a share of an apartment that was at risk of forfeiture. Through a court-approved creditors' arrangement, he successfully redeemed his rights to the property.

Vacations, weekends, and even at home: the insurance coverage you pay for annually is valid 24 hours a day. Attorney Sheri Dvir, an expert in tort law, notes that awareness of these rights can save families significant money.

Selling shares after moving between countries can lead to complex tax consequences. The Israeli Tax Authority considers not only the exit date but the entire history of asset ownership, including periods of residency and tax exemptions.

A spouse inherits half against children and two-thirds against siblings, a grandchild enters the picture only when their parent has passed away, common-law partners are equal to married ones - and for those with no relatives, the estate eventually goes to the state. The full numerical breakdown, scenario by scenario.

For every shekel deposited into pension savings, the state returns a portion through two completely different mechanisms: a credit (zikuy) under Section 45a, which reduces the tax itself, and a deduction (nikuy) under Section 47, which reduces the taxable income. The guide explains the difference, shows a full calculation of how much a self-employed person saves on an income of 280,000 shekels...

Exemption up to a ceiling, a fixed 10% tax, or a graduated track with expenses and depreciation - the choice seems technical, but it determines how much you will pay this year and how much capital gains tax you will pay upon sale. We break down the numbers, examples, and the depreciation trap.

This week, the National Insurance Institute will finalize benefit payments for hundreds of thousands of eligible Israelis. Here is the distribution schedule and the latest update on payment amounts.

The actuarial deficit of the National Insurance Institute is estimated at nearly double the cost of the war, and the reserve fund intended to cover it is expected to be depleted as early as 2035 — ten years earlier than originally planned. The aging population is inflating benefit payments, but the question is whether this is the only reason or if there is also a policy failure here. Gad Lior...

The National Labor Court ruled that a self-employed worker injured on the job is not covered by the National Insurance Institute if registration was completed after the accident. Despite the worker contacting an accountant, the court held that this did not constitute valid insurance coverage at the time of the injury.

Ahead of the Tishrei holidays, the National Insurance Institute has announced early payment dates for unemployment benefits, income support, and long-term allowances. The first payments will be issued on September 8, with further advancements scheduled later in the month.

A dense convergence of three massive expenses at the end of the summer creates an unprecedented cash flow gap of tens of thousands of shekels beyond the monthly income, pushing the middle class into a dangerous spiral.

The Ministry of Labor has launched an online system for tuition subsidy applications in daycare centers and recognized family daycares for the 2026-2027 school year. Subsidy levels are determined based on per-capita family income, child age, and the type of recognized facility.