The decisions around retirement shape a family’s income for decades: when to retire, how much to take as an annuity and how much as a lump sum, how severance grants are taxed, and how all of this affects a spouse and heirs. Some of these decisions cannot be changed later.
What it includes
- Reviewing the timing of retirement and of withdrawals.
- Annuity versus lump sum, coordinated across all your funds.
- Notional retirement (פרישה מדומה): reviewing whether it suits you, its timing, and its pension and tax implications.
- Fixing your rights and filing the forms with the Israel Tax Authority.
- Tax on withdrawals and spreading severance grants.
- Reviewing the implications for your spouse and heirs.
- Coordination with your will, your lasting power of attorney and the family’s legal structure.
Who it is for
- People five to ten years before retirement.
- People retiring now who want to make the decisions in an orderly way.
- Retirees with additional assets or income, in Israel or abroad.
Retirement planning is delivered jointly: the pension and insurance side by Asaf Shasha, Adv., and the legal and tax side by Omry Shasha, Adv.