KIWISAVER

KIWISAVER

Why do I need Kiwisaver?

Everyone is now familiar with KiwiSaver. As one of New Zealand’s main retirement savings schemes, it has been instrumental in raising the awareness to all about being prepared for your future retirement.

You can join at any age up to 65, from the day you are born. A work-based scheme that is voluntary to join but compulsory for employers to contribute to. KiwiSaver was created to help financially prepare New Zealanders for retirement with the help of professional managers such as Milford, Generate or Booster.

When you start working, you can choose to contribute at a rate of 3%, 4%, 6%, 8% or 10% of your income while the compulsory rate for employers is 3%. It is an easy way to save and prepare for the future. The government has added numerous incentives to the KiwiSaver programme as well. At age 65 and at least a minimum of 5 years enrolled, you will receive a lump sum payout.

Key benefits

  • Government contribution $521.43 per year

  • Compulsory employer contribution of 3% of salary

  • Lump sum payment at age 65

  • First home subsidy

  • Homestart Grant

For more information, contact us below for a complimentary consultation.

Secure your world, your way.
Explore tailored KiwiSaver advice that suits your life.

  • I have trusted my insurance needs to Craig Smith of Smiths Insurance & KiwiSaver for a number of years. They have served me and my family well, knowing that we are well covered with the best policy on the market if the unexpected was to happen.

    Steve Kennedy / Director, EQ Consultants

  • I have been working with Craig Smith as my insurance broker for the past 10 years and I have nothing but great things to say about him. He is knowledgeable, professional, and always available to answer any questions I have. He has helped me find the best insurance coverage for my needs at the best price. I highly recommend Craig Smith as an insurance broker.

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  • I have had the pleasure of working with Craig Smith as my insurance advisor. He was incredibly reliable and professional throughout the entire process. He was always available to answer any questions I had and made sure I was fully informed of all my options. I highly recommend Craig Smith.

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  • Craig Smith really adds value service and understands the industry well. Give him a try he won’t let you down.

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