Free Government contribution deadline looms
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.