How to understand the impact of the 2011 budget on your KiwiSaver funds
To work out the likely impact of the 2011 Budget changes on your KiwiSaver balances at age 65 pick the table for the type of fund you are in and then the age and income closest to your own:
If you join on 1 June 2011, invest in a "Conservative" fund and both you and your employer contribute 2% of your earnings initially
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If you join on 1 June 2011, invest in a "Conservative" fund and both you and your employer contribute 4% and 2% respectively of your earnings initially
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If you join on 1 June 2011, invest in a "Conservative" fund and both you and your employer contribute 4% and 4% respectively of your earnings initially
click here to view
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If you join on 1 June 2011, invest in a "Conservative" fund and both you and your employer contribute 8% and 2% respectively of your earnings initially
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If you join on 1 June 2011, invest in a "Balanced" fund and both you and your employer contribute 2% of your earnings initially
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If you join on 1 June 2011, invest in a "Balanced" fund and both you and your employer contribute 4% and 2% respectively of your earnings initially
click here to view |
If you join on 1 June 2011, invest in a "Balanced" fund and both you and your employer contribute 4% and 4% respectively of your earnings initially
click here to view |
If you join on 1 June 2011, invest in a "Balanced" fund and both you and your employer contribute 8% and 2% respectively of your earnings initially
click here to view |
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