Savings For Every Child
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Important notice from the National Insurance Institute: How to withdraw funds from the "Savings for Every Child" program
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.
National Insurance Institute to Distribute Child Allowances Today
The government agency is transferring monthly child allowances to assist with upbringing expenses, alongside regular deposits into a savings plan and special grants that can reach hundreds of shekels depending on the children's age.
National Insurance Institute benefits: payment schedule and deposit amounts
The monthly allowance from the government agency will soon be deposited into the bank accounts of eligible parents, with amounts determined by the child's birth order, alongside the option to increase monthly savings.
National Insurance Institute: Benefit Payment Date Remains Unchanged
The regular payment date for long-term benefits falls on a Friday this month, sparking rumors about an early deposit. The National Insurance Institute has issued an official clarification regarding the payment schedule.
Storming the capital market: only 16% of 'Savings for Every Child' accounts are managed by banks
Savers in the 'Savings for Every Child' program are shifting funds from banks to provident funds. By the end of 2025, the share of bank-managed accounts dropped to 16%.
National Insurance Institute: 2025 Summary of the 'Savings for Every Child' Program
The National Insurance Institute has released its report on the 'Savings for Every Child' program, revealing 25.4 billion shekels in accumulated savings. Acting CEO Tzvika Cohen urged parents to take a more active role in managing these accounts to maximize future benefits.