Finding funds - the pension clearing house
When we start thinking about starting to make an order in our insurance and insurance mountain or in our pension in order to save money or when we want to get a good picture of the savings and resources available to us
The first site that is recommended to check is the site of the pension clearing house
For the pension clearing house website, click here
For a nominal fee we will receive information on 99% of our pension plans including information on study funds, provident funds, pension funds, executive insurance, cover for incapacity for work, life insurance with precise details about the management fees paid.
The Money Mountain
Another free website of the Ministry of Finance that shows information about pensions, study funds, provident funds and executive insurance - not only active.
On the Money Mountain website you can also find information on plans of deceased relatives or on canceled life insurance.
For the Money Mountain website click here
Tax refunds
After we have found our pension plans and started to understand where we have life insurance and incapacity coverage plans we can start looking into the issue of our tax refunds (the employee has the potential of 6 years back)
80% of employees get between 3000-10000 NIS and sometimes even more on various topics such as: break between jobs, life insurance, incorrect settlement of credit points, withdrawal from a provident fund ahead of time, support for a child with a learning disability, parental support, donations And more.
Money savings in life insurance
The first place to look at in order to lower your monthly insurance cost is our life insurance and our mortgage life insurance.
The premium in life insurance increases every year, so we should consider the possibility of lowering the price of insurance - sometimes by tens of percent.