How do I contribute to my grandchild's KiwiSaver account?
How do I contribute to my grandchild's KiwiSaver account?
A KiwiSaver account for a child legally can only be opened and administered by the parents or legal guardians who are named on the childs birth certificate.
However, once the account is set up anyone can make contributions into the childs account. Please see our 'How do I make deposit into Someone elses account?' article for the instructions.
KiwiSaver is a retirement scheme that keeps your money in a locked investment until you reach the age of 65 and are eligible to make a retirement withdrawal. There are a few other circumstances where you can make a withdrawal from your account, such ...
Investing in someone else's KiwiSaver account is a great thing to do, as you will be contributing to the recipient's financial future. Follow these simple instructions: 1. Confirm that the person you are gifting to is a Simplicity KiwiSaver member. ...
If you're self-employed, or working as a contractor or sole trader, you'll need to make voluntary contributions to your KiwiSaver account. To make a voluntary contribution to your Simplicity account, please log into your account and click the ...
No - with Simplicity, your KiwiSaver account can only be invested in one fund at a time. For most people, KiwiSaver has a single long-term purpose, so one investment strategy is usually enough. If your goals or risk appetite change over time, you can ...
If you’ve permanently moved to Australia, you may be able to transfer your KiwiSaver to an Australian-compliant super fund under the Trans-Tasman portability scheme. You cannot withdraw the money directly to your bank account. Before applying, please ...