8 Days to go - Have you Checked your KiwiSaver?
With Just 8 days to go, it is an important time to check you KiwiSaver fund, are you receiving your full KiwiSaver annual Government contribution?
Don’t miss out – These could add thousands to your KiwiSaver account balance over time.
How Does it work?
If you're eligible, for every $1 you put into KiwiSaver through out the year, the Government puts in 50c, up to a maximum of $521.43 each year. It's called the annual Government contribution. this is calculated on June 30th, so you only have 8 days left.
Am I eligible?
Here's the current eligibility criteria:
You’re a member of a KiwiSaver scheme,
You’re 18 years or over,
You mainly live in New Zealand,
You can't make KiwiSaver retirement withdrawals yet, and
You contributed at least $1,042.86 into your KiwiSaver account.
What else do I need to do?
Nothing! If you have contributed enough regularly throughout the year the contributions will be added to your balance automatically.
And If you turn 18 during the year, become eligible for retirement withdrawals or join KiwiSaver part way through a year, you’ll still earn the annual Government contribution for the days that you’re eligible.
If you aren't sure on how much you have contributed through out the year get in touch with a Tribe Financial Advisor or contact your existing provider.
Tribe Financial provides Free KiwiSaver information
To help you achieve more financially. If you would like to speak to someone about your Kiwisaver you can contact us.
Disclaimer: This publication has been prepared for your general information. While all care has been taken in the preparation of this publication, no warranty is given as to the accuracy of the information and no responsibility is taken for any errors or omissions. This publication does not constitute financial or insurance product advice. It may not be relevant to individual circumstances. Nothing in this publication is, or should be taken as, an offer, invitation, or recommendation to buy, sell, or retain any investment in or make any deposit with any person. You should seek professional advice before taking any action in relation to the matters dealt within this publication. Publicly available Disclosure information can be found here.