When you sign up KiwiSaver for the first time, you'll make (at least) 3% employee contributions and receive 3% employer contributions each time you're paid your salary/wages.
The employee contribution rate can be set to a higher rate of 4%, 6%, 8% or 10% if you want to save more for your first home or retirement. Please notify your employer or request an update through MyIR if you'd like to change your employee contribution rate.
The matching employer contributions of 3% are mandatory for all employees between the age of 18-65. In some cases, employers offer higher contribution rates or contribute to those outside the age bracket.
We notify the IRD once we've processed your application, and they'll send your employer a letter informing them that you've joined a KiwiSaver Scheme. It will also tell them to start making contributions. This process can take some time, so to avoid ...
If you've been in KiwiSaver for 12 months, and you're between age 18-65, AND you've contributed at least $1,043 into your account between 1 July and 30 June, you're eligible to receive a full government contribution of $521. If you joined KiwiSaver ...
If you've been a KiwiSaver member for a least 3 years and are planning to buy your first home in NZ you may be eligible to withdraw the full amount of employee, employer and government contributions plus any investment returns (leaving $1,000 in the ...
If you are brand new to KiwiSaver or switching to Simplicity from another provider, joining our scheme takes just a few minutes. You'll need your IRD number and photo ID like a passport and driver's licence. To complete an application form click ...
To create a Simplicity KiwiSaver account for your child please complete the online application form here. You'll need your child's birth certificate and IRD number, and identification and IRD numbers for all of the child's parents or guardians. All ...