Retirement may be completely off the radar for children, but people join them up with KiwiSaver for many reasons. Some want to get their children into an early savings habit, so they make regular contributions and involve their children in watching progress on their accounts. Some do it to help their children save for their first home. Whatever your reasons, here’s how to get your child signed up and saving.
Children will NOT receive
- Government Contributions.
- Employer contributions. Employers are not required to contribute to a child’s KiwiSaver account, but they may choose to.