You can access your KiwiSaver funds once you reach the qualifying age for New Zealand Superannuation, currently age 65. You can withdraw all or part of your savings to use towards the purchase of your first home once you’ve been a contributing KiwiSaver member for at least three years. For more information, read our free KiwiSaver first home withdrawal guide . You can also withdraw your KiwiSaver money if you are suffering serious financial hardship or serious illness. Rules apply which you can view here.
You can grow your KiwiSaver money through contributions from yourself, your employer and the Government. The Government may be able to put as much as $521.43 into your KiwiSaver account every year. It’s good to check you're eligible to receive the maximum amount from the Government by contributing at least $1,042.86 each KiwiSaver year (between 1 July and 30 June).
This product is issued by Mercer (N.Z.) Limited. For information about this product, please refer to the Product Disclosure Statement. This information has been prepared by Mercer (N.Z.) Limited.
The information contained on this page is intended for general guidance only and is not personalised to you. It does not take into account your particular financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately authorised adviser. The Mercer KiwiSaver scheme was rated “best value for money” in the SuperRatings’ 2020 KiwiSaver scheme assessment and you can view the award criteria here.