Kitzvat Yeladim (Child Allowance)
A monthly payment given to parents for each child under 18. The amount depends on the order of children in the family.
Chisachon L’Kol Yeled (Savings for Every Child) A government-sponsored savings program that deposits a fixed monthly amount into a savings plan for every eligible child. Parents choose whether the savings is held in a bank or investment fund.
This tool helps you check if your children are receiving these benefits, identify which company manages your Bituach Leumi savings, and see whether the investment fund is using a heter iska structure to avoid issues of ribbis.
Chisachon L’Kol Yeled (Savings for Every Child) A government-sponsored savings program that deposits a fixed monthly amount into a savings plan for every eligible child. Parents choose whether the savings is held in a bank or investment fund.