Kiwi Saver

Kiwisaver is a savings scheme designed to help you for your retirement and is available to all New Zealand residents under the age of 65 years.

By joining Kiwisaver the Government will contribute $1000 to get you started saving towards your retirement.

For those that are employed and on a wage or salary your contributions can start from as little as 2% and can be increased up to 8% of your gross pay. Also your employer will be contributing a further 2% to your Kiwisaver.

If you are self employed or unemployed you are able to make regular contributions to your Kiwisaver or lump sum payments.

As a further added incentive to all Kiwisaver members the Government will provide an annual subsidy as a tax credit for the period between 1 July to 30 June on a dollar for dollar basis up to a maximum of $20 per week ($1042.86 per annum). The tax credit is only available to those over the age 18.

A first home deposit subsidy is available after 3 years from $3000 through to 5 years $5000 maximum. (Conditions apply).

Whether you are looking to join Kiwisaver or transfer from your current provider, SMART is able to assist you.

Employers - Kiwisaver Preferred Provider

Are you an employer? Well give your employees the certainty of a preferred Kiwisaver provider for your business.

Did you know that if you have not selected a preferred Kiwisaver provider that your employees will be allocated to a default provider on a revolving basis? This could mean that your employees maybe set up with a number of different providers which could present a number of issues.

Talk to us about setting up a preferred Kiwisaver provider for your business and  take advantage of the Free 'top up' Life Insurance to $15000, for death by any cause for your staff. (Conditions apply).