Free Gov­ern­ment con­tri­bu­tion dead­line looms

Matamata Chronicle - - What’s On - IVAN MENDONCA

Lis­ten up Ki­wiSaver mem­bers.

Do you re­alise that the gov­ern­ment makes an an­nual con­tri­bu­tion of up to $521.43 to­wards your sav­ings?

Now, this is on the ba­sis that you have per­son­ally con­trib­uted $1042.86.

The dead­line for your Ki­wiSaver provider to have re­ceived your con­tri­bu­tions so that you get the FREE gov­ern­ment amount is 27 June 2016.

Firstly, check your Ki­wiSaver ac­count to es­tab­lish how much you have con­trib­uted since 1 July 2015.

Se­condly, should you need to ‘‘top up’’, con­tact your provider di­rectly and they will ad­vise you as to the best way to go about do­ing this.

This may also be a good time to re­view whether the in­vest­ments that your Ki­wiSaver sav­ings are in­vested in are cor­rect for you.

Again, your provider should be able to as­sist you with this and should they hes­i­tate in do­ing so, con­sider switch­ing provider.

Re­mem­ber, Ki­wiSaver is a long term sav­ings plan, how­ever, get the ba­sics right now and en­joy a happy, healthy and wealthy re­tire­ment one day, when­ever that may be.

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