About KiwiSaver

KiwiSaver 101

Charlotte Gasson avatar Jade Crawford avatar Rupert Ray avatar +1
74 articles in this collection
Written by Charlotte Gasson, Jade Crawford, Rupert Ray and 1 other
What is KiwiSaver?

How do I find out who is my KiwiSaver provider?

Show me the money!
Rupert Ray avatar
Written by Rupert Ray
Updated over a week ago

What is this KiwiSaver thing?

KiwiSaver helps you save for your first home and the retirement of your dreams.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Should I join KiwiSaver?

How to know if KiwiSaver is your flavour.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Why do I need to save for retirement?

Superannuation probably won't be enough to live your best life in retirement.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I already have KiwiSaver, but I was thrown into a default fund. I don’t know where my money is or what kind of account I have. HELP!

Hey Siri, how do I sort my life out?
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Why should I sign up with BetterSaver instead of going direct to the KiwiSaver provider?

You deserve better.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Where do my KiwiSaver funds go?

It's not quite Gringotts, but it is super safe.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I transfer funds from another NZ Super Scheme into my KiwiSaver account?

You might be in luck!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I opt out of KiwiSaver?

What to do if KiwiSaver isn't for you.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How much will I have saved by retirement age?

Einstein said it best: compound interest is the eighth wonder of the world.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

When does the KiwiSaver financial year start and finish?

Remember this to max out your government contributions every year!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Does stock market performance impact my KiwiSaver balance?

Underlying investments influence your KiwiSaver balance.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago
Joining and Switching Funds

I'm not from New Zealand, can I still join KiwiSaver?

From overseas and not sure if you can join KiwiSaver?
Rupert Ray avatar
Written by Rupert Ray
Updated over a week ago

If I close my KiwiSaver account after retirement age, can I reopen one later?

This is not an open-and-shut case, my dear Watson.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

How easy is it to change KiwiSaver providers?

Easy as PIE. It's a PIRsonal decision so it's best to get advice first!
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Do I have to put in money when I join KiwiSaver?

You don't have to be a baller to join KiwiSaver.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I'm new to KiwiSaver, can I join?

You CAN sit with us!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

You had me at ‘savings scheme’. I don’t have a KiwiSaver, so how do I join this thrilling venture?

We can do this the easy way, or the 'life admin' way...
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I enrol my child in KiwiSaver?

Kids can join KiwiSaver, but get less perks.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I started a new job, but I’m already in KiwiSaver. Do I need to do anything?

Woohoo! Congrats on the new job. Your employer will give you some paperwork to formalise any KiwiSaver changes.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How can I find my IRD number?

What's 9 digits, required to switch KiwiSaver funds and never around when you need it?
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

When is the best time to switch funds or make a withdrawal?

Timing isn't everything, but it is a thing.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

What is the best fund to ride out economic crashes?

It depends on what you mean by "best".
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Should I move my money into a more conservative fund?

Your goals and preferences are more important than market movements.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago
Contributions

How can I change my contribution rate?

Small changes in your contribution rate add up over time.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

What happens to my contributions if I stop working?

If you take a break from work, so do your contributions.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Will I still be entitled to employer and government KiwiSaver contributions if I continue working beyond retirement age?

Retirement age doesn't necessarily mean retirement. Make that money!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How does my employer know what to contribute?

Communication is the foundation for our KiwiSaver nation.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Are KiwiSaver contributions deducted from redundancy payouts?

The redundancy process can be upsetting and messy; KiwiSaver is staying out of it.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I contribute to my KiwiSaver fund from overseas?

You can, but you don't have to. Travel is expensive!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Is it compulsory for my employer to contribute to my KiwiSaver fund?

Your employer can help you build your retirement savings - how good!
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

How do I view my contributions history?

The IRD have got you boo.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How do I make a lump sum contribution to my KiwiSaver account?

Voluntary contributions are a cool option for your spare cash.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How can I make voluntary contributions?

Mo' money, mo' compound interest.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Can I keep contributing to KiwiSaver after I'm eligible to withdraw it?

Retirement age is fixed, but the hustle lives forever.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

How do I know I’m maximising government contributions?

Don't miss out on free money for your KiwiSaver account.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

What are Member Tax Credits (MTC)?

Government contributions. Thanks Jacinda!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Why am I not receiving MTCs?

When you won't get the government contribution.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How much of my hard-earned dollar can I contribute?

Contribution rates and voluntary contributions - size does matter.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I pause my contributions?

Sometimes to press play in life, we need to press pause on KiwiSaver contributions.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

I’m self employed. Does this affect my KiwiSaver fund?

You go Glen Coco! You can still contribute to KiwiSaver!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

What are KiwiSaver Unit Prices?

You may be a loose unit, but your KiwiSaver fund isn't!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago
Buying a First Home

I'm a previous homeowner, but want to withdraw my KiwiSaver for a first home purchase. Can I?

Maybe, as long as you're not double dipping!
Rupert Ray avatar
Written by Rupert Ray
Updated over a week ago

I'm ready to buy a home. How do I get access to my KiwiSaver fund?

Nice try, but they won't transfer your balance into your bank account.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

I already own a house. Can I apply for first home withdrawal to pay off my mortgage?

You're a bit late, mate.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

Can I apply for a first home KiwiSaver withdrawal to buy land?

Land yourself a first home withdrawal.
E
Written by Emma Sproul
Updated over a week ago

I own a house overseas. Can I apply for first home withdrawal?

Dude you literally own a house already.
E
Written by Emma Sproul
Updated over a week ago

I already own some land; can I apply for a first home withdrawal to build a house on it?

KiwiSaver funds are like hummus; you're not allowed to double-dip!
E
Written by Emma Sproul
Updated over a week ago

How do I get a First Home Grant?

Every little bit counts!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

Can I withdraw my KiwiSaver funds to purchase an investment property?

Cheeky! Kudos for thinking outside the box, but this one won't fly.
E
Written by Emma Sproul
Updated over a week ago

When will my KiwiSaver savings be paid out for a first home withdrawal?

You're a home owner baby!
E
Written by Emma Sproul
Updated over a week ago

Can I make a first home withdrawal?

Buying a house with my KiwiSaver fund.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

I've been in KiwiSaver for two years; can I withdraw my savings to buy my first home?

Your first home deposit is so close, yet so far.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I want to use my KiwiSaver fund for a first home purchase, but my balance has dropped. What should I do?

PANIC! Just kidding, you're a cool customer. You've got this.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago
Retirement and Other Withdrawals

I have a life-shortening congenital condition. Can I withdraw my KiwiSaver balance early?

You might be able to withdraw your KiwiSaver investment early.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I'm almost 65 and worried because my KiwiSaver balance has dropped.

Never fear, BetterSaver is here!
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

When am I eligible to withdraw savings transferred from an Australian Super or UK Pension Provider?

Yeah, nah. It's a bit complicated.
E
Written by Emma Sproul
Updated over a week ago

What happens to my KiwiSaver account when I die?

Get your will sorted to make this process easier on your loved ones.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

How do retirement withdrawals work?

Don't spend it all at once!
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago

I'm 65 - what happens now?

Golden girls and smoldering seniors: your KiwiSaver fund awaits.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

What is serious illness withdrawal and can I do it?

Sorry you're not well; you might be able to withdraw your KiwiSaver funds early.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I want to withdraw my full KiwiSaver balance. How long will it take?

Stop, wait a minute. Fill my cup, put some savings in it.
Jade Crawford avatar
Written by Jade Crawford
Updated over a week ago

I’m suffering financial hardship. What can I do?

You might be able to withdraw some of your KiwiSaver balance early.
Charlotte Gasson avatar
Written by Charlotte Gasson
Updated over a week ago