by Aj Setia | Jan 14, 2021 | Super
Your super is often the money you rely upon during your retirement. Therefore, if you feel that you have enough funds for day to day life, you may want to grow your super. There are many ways to do this: Employee contributions: Contribute to your super through your...
by Aj Setia | Dec 17, 2020 | Super
The KiwiSaver scheme allows you to voluntarily save up so that when you retire, you are financially secure. However, situations can arise during which you find yourself needing the support of your KiwiSaver before retirement. If you find yourself in one of the...
by Aj Setia | Nov 19, 2020 | Super
Employees need to discuss changing their contribution rate with their employer, or alternatively, fill out the required forms if they are self-employed. The default contribution rate is 3% of an individual’s pay, but employees can change to either of the following...
by Aj Setia | Oct 22, 2020 | Super
Individuals may choose to apply to withdraw money from their fund if they are suffering significant financial hardship. To qualify as suffering significant financial hardship, one or more of the following criteria needs to be met as per the official government...
by Aj Setia | Sep 24, 2020 | Super
The New Zealand government is attempting to make changes to reduce the debt that it has incurred in its efforts to stabilize the economy during COVID. The Labour party announced a new top tax rate (39%) which would apply to those earning over $180,000 – this would...
