KiwiSaver has been very successful in helping New Zealanders save for their retirement. KiwiSaver is a voluntary scheme where personal; employer and government contributions combine into a single managed fund. This savings scheme also allows for the possibility to withdraw funds for the purchase of a first home under some circumstances.
Issues that will affect your funds value
Selecting the right type of fund according to your risk profile.
Having the correct PIR tax rate to ensure you don’t pay too much tax.
Putting in the minimum to receive your full Member Tax Credit (Max. $521 per annum from the Government).
Planning to achieve your goals
Is my KiwiSaver optimised for the maximum benefits?
How does it fit in with my current financial situation?
What else do I need to do?
Ultimately we all want to enjoy a happy retirement with our goals achieved and a high level of financial security. If you wish to know more handy hints on maximising your Kiwisaver, read our handy Kiwisaver article here. If you want to make sure your Kiwisaver is performing to its full potential, contact us today and find out how we can help.