Kiwi Wealth KiwiSaver Scheme

Grandparents and child

The Kiwi Wealth KiwiSaver Scheme can help you reach your big goals in life, whether that’s buying your first home or saving for a comfortable retirement. Kiwi Wealth is part of the same family as Kiwibank meaning profits don’t go offshore.

Key features & benefits

  • If you're a Kiwibank customer, you'll see your KiwiSaver balance in internet banking so you can keep an eye on how you're tracking.

  • Kiwi Wealth has a responsible investment policy that applies to all of their KiwiSaver funds.

  • The investment team balance risk and return with the aim of keeping your fund heading in the right direction.

  • Kiwi Wealth's investment specialists take a predominantly global investment approach, so your money is diversified to help manage risk.

How the Kiwi Wealth KiwiSaver Scheme works

KiwiSaver basics

KiwiSaver is a voluntary savings initiative designed to encourage New Zealanders to save for retirement. You can also dip into it to help you buy your first home.


Employer & government contributions

You may be eligible for free money. If you’re working and contributing to KiwiSaver, your employer has to contribute at least 3% of your pre-tax salary or wages. If you’re aged 18 or over, the government also chips in $0.50 for each dollar you contribute, up to a maximum of $521.43 a year.

Your contributions

  • If you’re working, you can choose to contribute 3%, 4%, 6%, 8% or 10% of your pre-tax salary or wages. If you don’t choose a contribution rate, the default rate is 3%. Money will automatically be deducted from your pre-tax salary or wages to your KiwiSaver account.
  • If you’re self-employed or not working, you can contribute directly. With Kiwi Wealth, you can make direct contributions through internet banking, direct debit, or through Inland Revenue.
  • You can also make voluntary contributions at any time.

Getting your money out

When you turn 65

You can usually get your money out when you reach 65. However, if you joined before 1 July 2019, you need to have been in the Scheme for at least five years before you can withdraw your money.

Before you turn 65

Your KiwiSaver investment is generally locked in until you turn 65, but there are limited circumstances where you may be able to withdraw some or all of it before then:

  • Buying your first home
  • Serious illness, including injury, illness or disability that results in you being totally and permanently unable to engage in work for which you're suited by reason of experience, education or training, or any combination of those things; or that poses a serious and imminent risk of death.
  • Significant financial hardship
  • Permanent emigration
  • If you’ve transferred money from an Australian complying superannuation scheme, when you reach age 60 and satisfy the Australian ‘retirement’ definition.

Depending on what type of withdrawal you're making it generally can take between 10 – 15 working days to process.

When a contributor dies

If you pass away while you're a member of a KiwiSaver scheme, upon application to that scheme, your full account balance will be paid to your estate.

Join the Kiwi Wealth KiwiSaver Scheme

You can join if you're living or normally living in New Zealand, and a New Zealand citizen or entitled to live in New Zealand permanently.

New to Kiwibank?

No problem, just complete Kiwi Wealth's short application form online.

Join now

Already a Kiwibank customer?

If you have internet banking, you can apply online through internet banking. It takes less than two minutes to join.

Log in to Internet Banking