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Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more:

Te whiwhi i taku pūtea KiwiSaver mō ētahi atu pūtake Getting my KiwiSaver savings for other reasons

You may be eligible to withdraw KiwiSaver savings early in the case of bankruptcy, relationship property, student loans and your death.
Anyone needing to withdraw KiwiSaver savings due to extreme circumstances.

Your KiwiSaver savings and bankruptcy

Your KiwiSaver savings are an asset. You may be able to use your KiwiSaver savings to pay off your debts if you become bankrupt. However in the case of a KiwiSaver scheme, the funds are protected from your creditors while they remain in the fund. Find out more at the New Zealand Insolvency and Trustee website.

New Zealand Insolvency and Trustee Service 

Make sure you tell your provider your new IRD number if you’re assigned a new one after becoming bankrupt.

Relationship property and KiwiSaver savings

Your KiwiSaver savings may be relationship property.

Contact a lawyer for more information.

Paying a tax liability or student loan using a foreign superannuation transfer

If you transferred funds from a foreign superannuation fund into a KiwiSaver scheme, you may be able to withdraw some of your savings. This can be used to pay tax due on your foreign superannuation scheme or foreign student loans.

This is managed by your KiwiSaver provider, so you should contact them for more information. However, you can also work out how much you can withdraw by using our Partial withdrawal for foreign superannuation tax liability calculation sheet - IR496.

Your KiwiSaver savings when you die

Your KiwiSaver savings will become part of your estate when you die. Make sure the person looking after your will knows who your provider is. They’ll need to contact your provider to get your savings.

Last updated: 28 Apr 2021
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