Personal Management IRA
(Individual Retirement Account) is a financial product that provides you full control over the management of your pension funds and Kranot Hishtalmut. We manage our client’s IRA accounts in collaboration with Meitav Dash.
Our clients enjoy benefits such as personal management, our full attention to their goals and needs, and full transparency.
This product is for clients who want full control over their pension savings with a personalized portfolio.
IRA portfolios can be managed in the following cases
• Amendment 190 funds – both in a direct deposit to a fund under personal management and in a transfer from a fund that has undergone Amendment 190 in a regular investment route. At the time of opening the fund under this category, it must be proven Receiving an old-age pension in the amount of the minimum pension (4,498 gross as of 2021), or that he has accumulated an annuity for an amount of not less than NIS 1,343 million.
• Keren Hishtalmut – starting with a balance of NIS 200,000.
• Liquid benefit funds that deposited until 31.12.2005 in a member’s provident fund in a self employed status and at least 15 years have passed from the date of the first deposit to the fund.
• Funds deposited until 31.12.2007 in self employed of employee funds, and over the age of 60.
• Beneficiaries money- transferring directly from a deceased fund or from a fund in the name of the beneficiary.
• Compensation funds that has undergone tax settlement.
