Kupot Gemel (Provident Funds) and Kranot Hishtalmuyot (Sabbatical Funds) are fantastic savings vehicles given their tax advantages in Israel.

However, as a US citizen these common innocuous win-win savings products presents a difficulty with regard to US reporting and taxation, which might incur additional costs in terms of filing and taxes.

At Priority Financial Solutions we offer a Kupat Gemel and Keren Hishtalmut that specifically cater to US citizens and their unique needs.

First and foremost, our solution answers the reporting and taxation issues unique to US citizens. We avoid the nasty PFIC issues while providing professional investment management services for your savings.

We offer 3 different investment tracks managed by Priority Investment Management Ltd:
Conservative – This is a portfolio primarily designed for capital protection with a modest level of investment income with equity allocation capped at 30%.

Balanced – This is a portfolio designed to seek long-term capital gains while maintaining a core holding in fixed income investments. The equity exposure depends on the portfolio manager’s assessment of market conditions and is capped at 75%.

Aggressive – This is an equity portfolio with an allocation above 75% in leading global equities.

If you have an existing Kupat Gemel or Keren Hishtalmut we can easily transfer this for you and save you from future hassle, while offering the fullest investment potential for your savings.

Please call us on 072 222 3336 or contact us via email [email protected]