How do I increase or decrease my contribution rate?
How do I increase or decrease my contribution rate?
To update your employee contribution rate from your salary/wages, please contact your employer or make the change via your myIR login. The available rates are 3.5%, 4%, 6%, 8% or 10%.
If you've been in KiwiSaver for 12 months, are aged 16 to 65, live mainly in NZ, have contributed at least $1,043 between 1 July and 30 June, AND don’t earn more than $180,000 taxable income per year, you're eligible to receive the full government ...
Your Prescribed Investor Rate, or PIR, is the rate of tax you pay on the income generated from your KiwiSaver investment - it can be 10%, 17.5% or 28%. To view or update the PIR on your Simplicity account, please log in to the member app and select ...
If you’re self-employed, working as a contractor or sole trader, or not currently employed, you can make voluntary contributions to your KiwiSaver account. To make a one-off or regular contribution to your Simplicity KiwiSaver account, log in to the ...
When you join KiwiSaver for the first time, the default contribution rate is 3.5% for both employees and employers, with payments made automatically each time you're paid your salary/wages. You can choose to contribute more - 4%, 6%, 8% or 10% - by ...
The investments within the Simplicity KiwiSaver Funds are taxed based on the tax regime that relates to each of them. So, for example, there is no tax paid on capital gains from New Zealand and Australian shares; only on dividends. International ...