Upon reaching retirement age, every Israeli retiree must submit Form 161D (Kibua Zchuyot) to lock in lifetime tax exemptions on monthly pension annuity payments.

Why Kibua Zchuyot is an Irreversible Decision:

Retirees can allocate their exempt retirement cap between tax-free monthly pension payments or tax-free lump-sum capital withdrawals (Hauuon Pension). Once submitted, this decision becomes final after 90 days!

Our certified retirement experts guide you step-by-step through Form 161D to secure maximum tax-free monthly pension income.