KiwiSaver is an easy and affordable way to save for retirement or your first home. It’s a voluntary, work-based scheme through which you save a regular nominated amount from your earnings on payday. Your employer also makes regular contributions to your KiwiSaver Account and the government makes annual payments as well.
KiwiSaver benefits:
A Government contribution of 50 cents for every dollar you save, up to a maximum of $521.43 per year (if eligible)
Compulsory contributions from your employer (if eligible)
Help to buy your first home
Flexibility if your work situation changes
Your employer and the government make payments into your scheme alongside your own contributions to boost savings. So, KiwiSaver may be more effective than a regular savings plan to help you reach your retirement savings goal.
For further information on KiwiSaver please contact us using the form below