KiwiSaver for Self-Employed: Who Qualifies and What You Get
Learn how self-employed individuals in New Zealand can access government contributions to boost their retirement savings.
This scheme allows people working for themselves in New Zealand to contribute to their retirement savings and receive extra money from the government.
Who it's for
This is available to New Zealand citizens or residents who are between the ages of 18 and 65.
What you get
If you make your own contributions, you can receive a government contribution. For example, if you contribute $1,042, the government may add up to $521 to your savings annually.
What it costs you
There is no fee to join, but you must make voluntary contributions from your own income. To get started, you will need to set up an account with a provider.
The catch to know
Because you are self-employed, you do not receive employer matches like traditional employees do. You must manually manage and make your own contributions to ensure you receive the government top-up.
How to apply
- Choose a retirement savings provider.
- Set up an account with that provider.
- Arrange for your voluntary contributions to be sent to your account.
- Visit the official portal for more details: https://www.kiwisaver.govt.nz