Economy

Israel's top-tier global pension ranking is at risk as the Ministry of Finance considers reducing mandatory contributions to boost short-term net household income.

Capital Market Supervisor Amit Gal issued an official notice beginning the licensing of Gemach institutions under the Anti-Money Laundering Law, starting a 24-month compliance countdown.

At a Pensioners' Federation conference in Tel Aviv, change-bloc parties pledged to raise old-age pensions to 25% of the average wage. Meanwhile, experts warn of an 810 billion NIS actuarial deficit threatening the National Insurance Institute's future stability.

Tax Authority Director Shay Aharonovich warned that upcoming state budgets will require severe measures, suggesting the elimination of cash and the 200 NIS banknote to combat the black economy and generate tens of billions in revenues.

Breast cancer presents significant financial challenges alongside health hurdles. Attorney Sheri Dvir outlines key steps for managing income loss, insurance claims, and state benefits.

A Calcalist analysis reveals that trading and currency conversion costs at traditional banks are up to 71% higher than at investment houses, draining hundreds of shekels from retail investor accounts.

The National Insurance Institute announced updated October 2026 payment dates, returning to regular schedules, alongside a 28 million NIS investment in rehabilitation centers for victims of hostilities.

An in-depth analysis of Israeli retirement savings explores target accumulation benchmarks by age, the power of compound interest, and the significant impact of management fees on future pensions.

Norway's sovereign wealth fund may resume investments in major Western defense firms like Lockheed Martin and Boeing following independent committee recommendations, easing ethical rules amid U.S. pressure over prior divestments.

The Israeli Ministry of Finance is reviewing tax benefits for plug-in hybrid vehicles amid surging corporate fleet sales, while major local auto importers expand into renewable energy projects.

The Israeli Supreme Court has upheld a prison sentence for bankrupt businessman Rafael Rubinț, who faces imprisonment over persistent failures to comply with court payment orders and financial disclosure requirements.

Altshuler Shaham dropped to the bottom of the general track ranking in September after leading for three months. Clal and Migdal led the monthly general track with 0.2% yields.

The Israel Securities Authority warned the public against foreign investment websites using Hebrew and AI tools to impersonate local regulated firms, risking investor funds.

Eitan Horn, a survivor who spent two years in Hamas captivity after being abducted on October 7, 2023, has criticized the Israeli government's financial and state support for returned hostages.

CPA Yoram Shifer outlines crucial year-end tax strategies for 2026, helping employees and self-employed individuals maximize deductions, pension contributions, and refunds before December 31.

The National Insurance Institute highlighted Billy the Bot for 24/7 benefit queries and distributed the 2026 annual heating grant of 664 NIS to eligible seniors.

The National Insurance Institute released the October 2026 payment dates, confirming a return to regular schedules alongside a 28 million ₪ investment in rehabilitation centers for terror victims.

Israel's 2023 expenditure survey reveals bottom decile households face monthly deficits averaging 4,260 NIS, while top decile earners save over half their 46,500 NIS net monthly income.

A new Tel Aviv University position paper warns that Israel's 3 trillion shekel pension market suffers from dangerous concentration and herd behavior, proposing to unbundle savings into banking custody, independent investment, and insurance.

The National Insurance Institute is issuing the annual heating grant for senior citizens in October 2026, set at 664 NIS per family. The automatic payment helps cover winter electricity and heating expenses for eligible retirees.

Israeli bank interest spreads reveal wide gaps in loan pricing, with One Zero offering the lowest median rate at 6.09% and Mercantile Discount the highest at 11.186%.

Bank of Israel data shows Israeli savers deposited 14 billion shekels in low-yield short-term accounts in September, largely ignoring higher-paying financial funds.

IDF demobilization brings freedom but also hidden financial obligations. Discharged soldiers must actively manage National Insurance, pension savings, tax credits, and health fund memberships to avoid unexpected debts.

The Central Bureau of Statistics released the 2024 household expenditure survey, showing an average net monthly income of 22,555 NIS amid the Swords of Iron war. The Gini index dropped to 0.333, though vast socio-economic gaps persist between deciles.

The Central District Court in Lod approved a class action settlement with Menora Mivtachim Insurance regarding rejected acute heart attack insurance claims, granting eligible policyholders 90% compensation.

Explore how the Israeli 'Savings for Every Child' program works in 2026, comparing bank accounts and provident funds to maximize long-term financial returns.

Entrepreneur Alon Gonen shared an Instagram roadmap showing how investing 1,000 shekels monthly from age 18 can yield one million shekels via compound interest.

The Capital Market Authority published the 2025 Service Index for insurance and pension firms. Direct Insurance, Agricultural Insurance, and Ayalon led various sectors, while Migdal and Harel lagged. Analysts note that delayed publication limits the index's immediate relevance.

Globes publisher Alona Bar On announced at the "Next Gen Female Investors" conference in Tel Aviv that women's global wealth and financial confidence are surging toward 2030 projections.

Israel's Ministry of Finance has launched an internal committee to overhaul the national tax system ahead of the 2027 budget, targeting tax brackets, exemptions, and future revenue sources amid mounting fiscal pressures.

National Insurance provides unemployment benefits up to 13,769 NIS per month based on age and previous salary. Learn the eligibility rules, payment tiers, and duration.

The National Insurance Institute invested 28 million shekels to expand rehabilitation and wellness centers for victims of hostilities, offering free first-year access for eligible individuals.

A lucky Israeli resident who won 64 million shekels in the Double Lotto kept the surprise from his wife until arriving at the Mifal HaPais headquarters, planning to increase his charitable donations.

A 78-year-old Israeli woman working two jobs to pay off debts incurred by helping her addicted son had her liabilities slashed from 415,000 shekels to 72,000 shekels by a community enforcement registrar.

Indigo Finance analyzes household finances by examining past tax overpayments, loan structures, mortgages, and insurance policies to optimize cash flow and long-term costs.

The Ministry of Finance is considering a full capital gains tax exemption for high-tech entrepreneurs, mirroring the U.S. QSBS model to prevent brain drain and company flight abroad.

The National Insurance Institute of Israel has published the payment schedules and reporting deadlines for October 2026, returning to regular dates after a holiday-heavy September.

A Rehovot court ruled that an ant infestation in a car's computer system qualifies as a covered accident under comprehensive insurance, awarding 30,000 shekels in compensation.

Nina Yuzushin, a 25-year-old startup professional from Haifa, shares her journey of helping her family escape debt and adopting a passive S&P 500 investing strategy.