The Government will contribute up to $5,000 to an account holder’s first home purchase. If you are over 18 the Government will also match your KiwiSaver contributions up to $10 p.w.
Employers are obliged to automatically enrol all new employees who are:
- Between 18 and 65 years of age
- New Zealand citizens or permanent residents
- Employed for more than 28 days
- Not already a KiwiSaver member.