Keren Hishtalmut (Study Fund)
Israel's most tax-advantaged vehicle: tax-deductible contributions, fully tax-free growth, liquid after 6 years. Every salaried employee should max it to the cap.
Vehicles where growth is not annually taxed: Keren Hishtalmut (fully exempt), Gemel Lehashkaa (taxed at withdrawal), pension funds. Many Israelis leave these allowances unused.
Israel's most tax-advantaged vehicle: tax-deductible contributions, fully tax-free growth, liquid after 6 years. Every salaried employee should max it to the cap.
Free contributions up to ~₪106k/year, liquid anytime (25% gains tax at withdrawal), fully tax-free after 15 years. The natural home for money beyond Keren Hishtalmut.
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