Business Owners & Self Employed: $521 Free From The Government
đź’ˇAre You Eligible for $521.43 KiwiSaver Government Contribution?
âś” Each year, the Government contributes up to $521.43 towards your retirement savings automatically through your KiwiSaver provider.
đź’˛To receive the full $521.43, you need to contribute at least $1,042.86 of your own money between 1 July 2023 and 30 June 2024. Note: Employer contributions, past government contributions, and funds moved from Australian retirement schemes do not count towards this amount.
đź’˛You can make a voluntary additional contribution to reach $1,042.86 by 30 June (remember to allow for processing time).
✔Even if you don’t save the full amount, you still receive 50 cents for every dollar you contribute between 1 July 2023 and 30 June 2024.
You won’t get the full contribution if:
❌ You turn 18 part-way through the year
❌ You join part-way through the year
❌ You no longer meet the eligibility criteria
✔If you join, turn 18, or reach the age of eligibility to stop contributing part-way through the year, the government contribution is prorated based on your membership days.
Your KiwiSaver provider applies for the contribution after 30 June.
adviceHQ partners with the top KiwiSaver providers. Contact us now for a 15-minute review to maximise your KiwiSaver contributions.
#adviceHQ #KiwiSaver #GovernmentContributions #retirement
Unlock the Answer: Today’s Riddle is Trickier Than You Think!
What English word retains the same pronunciation, even after you take away four of its five letters?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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64.2% Yes
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33.4% No
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2.4% Other - I'll share below
What's your favourite recipe for gooseberry?
Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.
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