KiwiSaver Knowledge Check

1

Do you know the difference between a growth fund and a default fund?* This field is required.

YESNO

2

Growth funds hold more growth assets than conservative funds. Over time growth funds should increase more in value than conservative funds but they do have more risk.Here’s what Sarah’s KiwiSaver account could be worth after 35 years

3

Do you know which KiwiSaver fund you are in?

YESNO

4

Many Kiwis don't know which fund they are in or that there could be big differences in outcomes between funds

Many people who have joined KiwiSaver were automatically put into a default fund. These default funds are intended by the Govt to be “parking spaces” before you work out the type of fund appropriate for you.

5

Do you know how the Government Contributions(GC's) work?

YESNO

6

Your Govt MTC’s could be adding $521.43 to your KiwiSaver account every year.

Millions are being left on the table every year by people who either contribute nothing or just a small amount of money. It’s important you don’t miss out on this Govt contribution unnecessarily as over time it adds up to a big difference to your KiwiSaver account.

7

Do you know what your KiwiSaver account Prescribed Investor Rate is?

YESNO

8

Your Prescribed Investor Rate is the tax rate on your KiwiSaver account.

It is either 10.5%, 17.5% or 28% based on your income over the last 2 years.

If your PIR is too high you may end up paying too much tax from your KiwiSaver account, although you may be entitled to a refund. If you are paying too little tax you are liable to pay the difference back to Inland Revenue.

9

Fill out your information below if you'd like to learn how to maximize your KiwiSaver

First Name

10

Last Name

11

Email

example@example.com

12

Phone Number

Area Code

Phone Number

Save your progress

Save your progress

Your form submission has been saved as a draft.

Save your progress

Your form submission has been saved as a draft.