by Moshe Klempner | May 1, 2017 | Article
2016’s New Savings Vehicle The rate of change in Israel’s savings and investment environment almost matches the frequency of elections and the underlying instability of the region. Every 2-3 years new rules and regulations are promulgated and new savings...
by Moshe Klempner | Mar 3, 2017 | Uncategorized
Over the past decade the Israeli Government has been encouraging citizens to ensure they have long-term savings for retirements. A classic example would be a doctor who is working in a public hospital who contributed to his pension plan based only on his paltry...
by Moshe Klempner | Jan 13, 2017 | Article, Uncategorized
After nearly a year of logjam in the Knesset committees amidst frenetic lobbying activities by the banks and insurance companies, the new Provident Fund for Investment has been formally launched in Israel. It is somewhat similar to the American Roth IRA in that it...
by Moshe Klempner | Jan 13, 2017 | Article, Uncategorized
As this Jewish year comes to a close, we want to thank you for your continued trust in Priority and our abilities to manage your savings and provide financial advice. While we have generated positive returns, the investment climate is challenging and we continue to...
by Moshe Klempner | Jan 13, 2017 | Article, Uncategorized
Options for Saving and Investing There are many ways to save and invest money in Israel, in the article below we will outline a few of the most popular. Bank Deposits and Bank Savings Plans (תוכניות חסכון) This is the classical way for saving money due to the very low...