1. Maximise your Government contribution
If you’re eligible, the Government will contribute up to $521.43 each year to your KiwiSaver account – so it makes sense to maximise the Government contribution to help you save for your retirement.
To get the maximum amount, you need to contribute at least $1,042.86 each year (between 1 July and 30 June). If you’re employed, earning at least $35,000 and contributing at least 3% of your salary or wages, you should reach that amount automatically. If not, you can top up your contributions by either increasing your contribution rate, or making voluntary one-off or regular contributions.