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Savings for Every Child

  • You can only change the savings plan if you have selected a a plan which includes exit points designated specifically for changing the plan.
     
  • Withdrawal of funds will be allowed from the age of 18, after receiving the first grant of NIS 500.
     
  • You can continue to invest the funds accumulated in savings even after the age of 18, for additional periods, up to age 21.
     
  • If the funds are not withdrawn by age 21, an additional grant of NIS 500 will be deposited to the account by the National Insurance Institute.