If you are thinking of setting up a savings fund for your family, or a bank account for your little ones, then perhaps you should consider opening a KiwiSaver account for your boys and girls.
Although the $1000 government kick-start ended early in 2015, it’s still a great way to ensure your children and grandchildren are well set for the future to add $1000 as your own kick-start.
There is no need to contribute further until your son, daughter, grand-daughter or grand-son starts working but
If $120 is also contributed annually – the retirement fund would would be $49,611
- Help your child start a great savings habit
- Provide access to a first home deposit subsidy scheme and funds that could be used to buy property in later-life (conditions apply)
To open a KiwiSaver account for your whanau or to discuss any other matter that may affect your family simply call us today:
- Auckland: (09) 418 5000
- Bay of Plenty: (07) 307 0940
- Waikato: (07) 823 4505
- Other: 0800 54 33 84