26 April 2023

    Don’t miss out on the government’s KiwiSaver top up


    It’s nearly time for the annual government contribution into KiwiSaver accounts – so make sure you don’t miss out on this reward for your saving!

    As long as you’re eligible, for every $1 you contribute during the KiwiSaver year (1 July to 30 June), the government will contribute 50 cents, to a maximum of $521.43. To get the full government contribution, you’ll need to contribute at least $1,042.86.

    Log in to Fisher Funds Online to check if you’re on track

    Our government contribution tracker in Fisher Funds Online is the easiest way check what you’re eligible for and whether you’re on track to get your full government contribution this year.

    Top up your KiwiSaver account by $50 or more and you could win $500

    If you top up your KiwiSaver account by $50 or more between 27 April and 23 June 2023, you’ll be in our prize draw to win one of ten $500 cash prizes (terms and conditions apply).

    You’ll get the government contribution if you meet a few basic criteria

    To be eligible you must:

    • be a KiwiSaver member

    • be 18 years of age or older

    • not yet be entitled to withdraw your KiwiSaver for retirement

    • live mainly in New Zealand.

    If you turned 18, reached retirement age or joined KiwiSaver part-way through the KiwiSaver year, you’ll be eligible for a portion of the contribution. What you get depends on how long you were eligible.

    The government contribution is not just for employees. If you’re self-employed or not in paid employment you’re still eligible – you just need to put money into your KiwiSaver account yourself.

    You don’t need to do anything to claim the government contribution – we do it for you at the end of each KiwiSaver year. You’ll see the money in your account by the end of August.

    It’s your money that counts towards the government contribution

    Only money that you contribute counts towards the government contribution. This includes contributions from your wage or salary, and voluntary contributions you make through IRD or Fisher Funds. Employer contributions, past government contributions and Aussie Super transfers do not count towards the $1,042.86.

    Topping up is easy

    If you’re not on track to get your maximum government contribution, there are a few easy ways to make extra contributions to your account.

    Please top up by 23 June 2023 to allow us time to process your payment. Any contributions made after 23 June may miss the 30 June cut-off date and not count towards this year’s government contribution calculation.

    And don’t forget – top up by $50 or more by the 23 June 2023, and you could win $500! (terms and conditions apply)

    If you have questions or want to chat about your KiwiSaver account, our team would be happy to help. Give us a call on 0508 347 437, chat with us online, or send us an email.