Get an early start - contribute $26 weekly
Smiles Davis, we want to make sure you're on track to get the full KiwiSaver Government contribution this year. Nice work getting your last Government contribution payment of $300.
Remember, for every $1 you put into your KiwiSaver account each year, the Government will contribute 50c (up to $521.43). Think of it this way. You could have at least $11,471 extra, if you got the full amount every year until you turned 65.*
It's easy to set up a regular contribution in your internet banking. Contributing a little bit regularly could mean you're eligible for the full amount in no time.
Tips for getting the contribution**
$521 extra for your KiwiSaver account |
If you saved $1042.86 before 30 June 2023, you could receive a maximum of $521.43 in your KiwiSaver account. |
Contribute $26 per week |
To get the $521.43, you still need to contribute $1042.86. That's $105 monthly or $26 weekly until 30 June 2023. |
* This is the number of potential payments till you reach 65 years old multiplied by $521.43. Assumes no change in KiwiSaver Government contributions policy.
** Data as at xx August 2022.
You must reside mainly in New Zealand to be eligible for the Government contribution (except in certain approved circumstances).
Kiwi Wealth Limited is the issuer and manager of the Kiwi Wealth KiwiSaver Scheme. The Product Disclosure Statement for the Kiwi Wealth KiwiSaver Scheme is available on our website www.kiwiwealth.co.nz.
You're receiving this email as you're subscribed to receive tips and updates from Kiwi Wealth. If you no longer wish to receive these emails please unsubscribe.