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Budget 2024 | The Government has announced proposed changes to personal income tax, the independent earner tax credit, in-work tax credit, the minimum family tax credit and the interest rate charged for overseas based student loans. They have also provided more information on FamilyBoost. Find out more: www.budget.govt.nz

Kiwisaver mā te tangata takitahi KiwiSaver for individuals

What
KiwiSaver is a savings plan designed to help set you up for retirement
Who
New Zealand residents, of any age, whether they are working or not
Rate
Employee contributions can be 3%, 4%, 6%, 8% and 10% of salary

KiwiSaver is a savings scheme designed to help set you up for your retirement. Most members will build up their savings through regular contributions from their pay.

If you're not working, you can make KiwiSaver contributions directly through your scheme provider.

KiwiSaver member benefits if you are eligible, include contributions from your employer and the Government, as well as help to buy your first home.

The KiwiSaver initiative is to help its members buy their first home and save for their retirement.

If you're already a member of KiwiSaver but do not know who your KiwiSaver scheme provider is - look in myIR under the KiwiSaver section. Their contact details will be there too.

Last updated: 28 Apr 2021
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