Kiwis urged to pick up their big five hundyPosted to Financial Capability on 14-04-2015
The Commission for Financial Capability is reminding KiwiSaver members to top-up their accounts if needed in order to gain the full benefits of the scheme.
The benefit of ‘member tax credits’ – the government incentive that offers 50 cents for every dollar saved in KiwiSaver, up to $521 each year – is being featured in a campaign called ‘the Big Five Hundy’.
Aimed at the tens of thousands of KiwiSaver members who could miss out, either because they are on a contributions holiday, not contributing generally, or regularly contribute but earn less than $34,762 a year, the campaign targets anyone who might be putting in less than the $1,043 needed to get the full benefit.
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