Have you checked your KiwiSaver contributions for the year to make sure you will get your government contribution?

Just a reminder that if you are wanting the full government contributions to your KiwiSaver which is $521.43, you’ll need to have contributed a total of $1,042.86 between 1 July 2018 to 30 of June 2019. This doesn’t include employer contributions, government contributions, interest and any transactions under the Trans-Tasman retirement savings portability.

If you haven’t heard of this, the government are helping us save by contributing 50 cents for every dollar we put into our KiwiSaver up to a maximum of $521.43.

You can check how much you have contributed to your KiwiSaver to date by contacting your KiwiSaver provider, it’s also a great chance to check with them that your Prescribed Investor Rate (PIR) is correct.

If you won’t reach the $1042.86 from your employee deductions you can make a voluntary contribution to top this up. See more about how you can make this contribution payment here:  https://www.kiwisaver.govt.nz/already/contributions/you/voluntary/

Please note it can take up to 4 days for this transaction to be processed so you will need to make this voluntary payment by the 26th of June at the latest.

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