KiwiSaver is open to all New Zealand residents and people entitled to live here permanently, aged up to 65, who live or normally live in New Zealand. The government encourages people to save by offering an annual member tax credit
. Some people may also be eligible for help with the deposit on their first home. Members will also benefit from a contribution towards their savings from their employer.
Employers start the enrolment process for new employees who are subject to automatic enrolment. Each pay day you need to deduct contributions from member's before-tax pay and pass them on to us. We then transfer each member's contribution to their scheme provider to invest.