How do I withdraw money from my KiwiSaver account?

How do I withdraw money from my KiwiSaver account?

KiwiSaver is designed as a long-term investment, so the money is typically "locked in" until you reach the qualifying age of 65. However, there are a few specific situations where you can access your funds earlier, such as if you're purchasing your first home in NZ, are seriously ill, experiencing significant financial hardship or have moved overseas permanently more than a year ago. If you emigrate to Australia you may be able to transfer your funds to an Australian super fund. 

If you are 65, or one of the other situations applies to you, log into the member app to download the appropriate form, which can be found by;
  1. Selecting your KiwiSaver fund on the main Accounts screen.
  2. Choose your fund type under Your funds.
  3. You will then find Documents & forms near the top under Manage your fund.

If you want to make a Significant Financial Hardship withdrawal, see How do I make a Significant Financial Hardship withdrawal?
    • Related Articles

    • How to transfer my KiwiSaver funds to Australian super funds?

      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 ...
    • Can I withdraw funds to an overseas bank account?

      No. Withdrawal payments from both Simplicity Investment Funds and KiwiSaver accounts can only be made to a New Zealand bank account in your name. If you do not maintain an NZ bank account, please email info@simplicity.kiwi and we'll help you with the ...
    • 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 child's account. ...
    • Should I choose KiwiSaver or an investment fund for my kids?

      We offer both KiwiSaver and Investment Fund accounts for children. Diversified funds in both schemes currently have the same management fee. You can view the KiwiSaver performance table here and the Investment Fund performance table here. KiwiSaver: ...
    • How is KiwiSaver taxed?

      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 ...

    If we can't answer your question, please get in touch: