How does KiwiSaver work?
KiwiSaver is a simple way to help you achieve the retirement you want and deserve. Your member contributions plus employer contributions and Government incentives are all invested in your KiwiSaver account.
KiwiSaver benefits
KiwiSaver offers great benefits which, if you are eligible, may include:
- $1,000 kick-start contribution from the Government,
- Matching Government contributions up to $1,042.86 p.a.,
- Benefits for first (and second-chance) home buyers.
Is KiwiSaver right for me?
Whether you're an employee, self-employed or not employed, have already started saving for retirement or would like to start saving now; as long as you are aged 65 or less, KiwiSaver could be the right solution for you.
Can I afford it?
KiwiSaver works differently for different individuals. For employees, you'll need to contribute 2%, 4% or 8% of your gross salary or wages. If you're self-employed or not employed, you can agree your contribution level with your KiwiSaver provider.
Disclaimer
A copy of the Investment Statement for the FirstChoice KiwiSaver Scheme ("FirstChoice KiwiSaver") is available here or by calling 0800 1ST CHOICE (0800 178 246).
