The goal: A successful exit for your retirement

Bank HaPoalim financial advice manager Orit Michael wants to ‘help the retiree and their family keep the standard of living to which they have become accustomed.’

March 28, 2019 11:38
The goal: A successful exit for your retirement

ORIT MICHAEL. Bank HaPoalim makes pension consultation available to its Israelbased clients. Our consultants provide professional, reliable, and objective advice.. (photo credit: ARIEL BASHOR)


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Training is taking place at Bank HaPoalim’s National Center for Financial Advice and Pension Planning at the Sasson Hugi Tower on the premises of the Diamond Exchange in Ramat Gan. The new center will provide consultation services for retirement planning for salaried employees in Israel. This includes analyzing various income sources to which a person might have access, and in which money has been saved for the duration of their employment, such as pension funds, provident funds, managers’ insurance, and various payouts to which clients will be entitled once they leave their place of employment. All of this happens while taking into account the various aspects of taxation and decision-making regarding the ideal division of monthly pension payments and one-off payments.
“Retiring is one of the biggest changes in a person’s life,” explains Orit Michael, manager of the Financial Advice Department at the Bank HaPoalim branches, who has been with the bank for 24 years.

Why is special retirement planning even necessary?


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