Pension Benefits

Contributions to recognized pension plans in Israel provide two types of tax benefits: deductions from taxable income and direct tax credits. Learn about the maximum recognized contribution amounts, the tax benefit calculations for employees and self-employed individuals, the differences between pension funds and insurance policies, and how to maximize your pension-related tax savings.

  1. Tax credit on pension deposits

    Tax credit for pension deposits

  2. Exemption from tax on pension allowance

    Partial exemption on pension benefits

  3. Deduction of life insurance deposits

    Deduction of life insurance premiums

  4. Pension benefits for the self-employed

    Tax benefits on pension deposits for the self-employed

  5. Tax credit on deposits to a provident fund

    Credit on deposits to various provident funds