Wherever possible it’s great to take advantage of offers that ensure you’re boosting your money, however much you can contribute.
KiwiSaver
You can receive up to $521.43 from the Government each year. From 1 July to 30 June each year the Government will contribute 50 cents for every dollar you put in up to a maximum of $521.43 per year, so you will need to contribute $1,042.86 to receive the full amount. You do need to be aged between 18 – 64 to be eligible.
More information is here – Getting the KiwiSaver government contribution
Whai Rawa
Contributing to your Whai Rawa account is another great way to get some extra money from Te Rūnanga o Ngāi Tahu.
Matched Savings means that currently, for every $1 adult members (aged 16-64) contribute in a calendar year, Te Rūnanga will contribute another $1 (up to a maximum of $200* per member). For tamariki members (aged under 16 years old as at the end of the relevant calendar year), Te Rūnanga will contribute $4 for every $1 contributed (up to a maximum of $200* per member).
Check out our how to invest page to find out how to contribute to your Whai Rawa account – How to invest – Whai Rawa – Te Rūnanga o Ngāi Tahu
In both cases every dollar counts and gets you a bonus!
* Te Rūnanga o Ngāi Tahu matched savings and distributions (when applicable) are available to all eligible Whai Rawa members under 65 years of age (see the Product Disclosure Statement) and are subject to RSCT (retirement scheme contribution tax) deducted at your personal RSCT rate (see the Other Material Information document at www.whairawa.com). If you do not notify us of your correct rate, you will be taxed at the default rate of 39%. Ngāi Tahu contributions and distribution payments are made no later than 31 March in the calendar year following qualification. Download our PDS at www.whairawa.com/pds
The information contained in this document is intended for general guidance and information only and is not personalised to you. It does not take into account your particular financial situation or goals.
The links shared and associated content on this website have not been vetted or otherwise approved by Whai Rawa Fund Limited and neither Whai Rawa Fund Limited, nor Te Rūnanga o Ngāi Tahu endorse the linked material or its provider in any way. The information provided by these links and third-party providers is not personalised to you and your situation. Before making any investment decision, or taking any action or not, you should refer to the Product Disclosure Statement and / or consult a licensed financial advice provider.
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds. A financial advice disclosure statement is available for Whai Rawa Fund Limited at www.whairawa.com/financial-advice.
