The timeframes we provide take into account the time it takes to value your KiwiSaver investment and sell units of your fund.
Most types of initial withdrawal (with the exception of withdrawals due to significant financial hardship) take up to 10 working days to be paid out to your nominated bank account, as the IRD needs to approve any government contribution amounts to be released. Subsequent withdrawals generally take 3-4 working days.
If you're transferring from another KiwiSaver provider, your balance will show as zero until we receive the funds. Simplicity will take care of this transfer. Your previous provider must transfer your funds within 10 working days, however it can take ...
When you turn 65 you're eligible for NZ Superannuation and to withdraw your KiwiSaver funds. If you choose to make a KiwiSaver withdrawal, you can set up regular or one off withdrawals at any time. You’ll find the required forms by: Logging into the ...
If your loved one had a Simplicity account please contact the Investor Services team here for the next steps to take. We'll need to know their full name, date of birth and IRD number.
The annual fees on our KiwiSaver accounts have a 0.24% per annum management fee. This equates to $2.40 per $1000 that you have invested. This fee is deducted at a daily rate and displayed on your online account in dollar figures. As a nonprofit fund ...
No. With Simplicity, your KiwiSaver account can only be invested in one fund at a time. Our KiwiSaver funds are already broadly diversified, and many of the investments across the funds overlap. For most people, KiwiSaver has one long-term purpose, ...