Are you a controlling shareholder or company owner? You can make tens of thousands of shekels of your earnings tax-free!
Are you a controlling shareholder or company owner? Here’s how to make tens of thousands of shekels of your earnings tax-free: The self-employed, business owners, and controlling shareholders in a business can set aside money in pension and education funds (keren hishtalmut) and qualify for tax benefits on that money. The Israel Tax Authority’s regulations […]
I’m perfectly healthy. Do I really need private health insurance?
“It’s all good, we’re healthy. Do we really need to buy private health insurance?” I’ve heard this sentence over and over. But it’s far from accurate. First of all, I hope that you remain healthy. But the fact of the matter is that the best time to purchase private health insurance for yourself and your […]
Planning a trip out of the country? Read this first!
Did you just buy airline tickets for yourself or a family member? Whenever you book a flight, you need travel insurance to go with it. Travel insurance is a critical part of a successful vacation. If you need to cancel your flight due to a medical emergency, whether it’s you or an immediate family member, […]
What is a pension fund? And how do I get the most out of it?
Pension funds are complicated, but after reading this article, you’ll know more about them than 90% of the people around you.
A pension fund is a savings fund with three types of benefits:
Retirement savings: No one wants to work until they die, after all.
Disability insurance: If you become unable to work due to permanent injury or disability, this covers you.
Residual insurance: In the event of your death, this insurance will make monthly payments to your spouse for the rest of their life, and to your children until they reach age 21.
