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Can employees opt out of KiwiSaver?

Only employees youve automatically enrolled can opt out of KiwiSaver. Employees whove opted into KiwiSaver cannot opt out later. You can opt your new employees out of KiwiSaver, but only between 28 weeks of starting work (thats on or after day 14 and on or before day 56).

What is a KS10 form?

KS10 - New employee opt-out request form, if the employee has opted out of KiwiSaver.

Can I opt out of KiwiSaver at any time?

If youve been automatically enrolled but do not want to be a KiwiSaver member you can opt out. You can opt out between the end of week 2 and week 8 of starting work. That is on or after day 14 and on or before day 56.

Can I opt out of KiwiSaver at any time?

If youve been automatically enrolled but do not want to be a KiwiSaver member you can opt out. You can opt out between the end of week 2 and week 8 of starting work. That is on or after day 14 and on or before day 56.

Can you close your KiwiSaver account?

If youve been automatically enrolled but do not want to be a KiwiSaver member you can opt out. You can opt out between the end of week 2 and week 8 of starting work. That is on or after day 14 and on or before day 56.

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How do I stop paying into KiwiSaver?

Your KiwiSaver employees can apply for a temporary break from paying into their KiwiSaver account. Its called a savings suspension. An approved savings suspension means you stop employee deductions and your contributions. Employees apply for the suspension in myIR.

Can I withdraw my KiwiSaver to pay off debt?

You may be able to use your KiwiSaver savings to pay off your debts if you become bankrupt. However in the case of a KiwiSaver scheme, the funds are protected from your creditors while they remain in the fund.

Can I withdraw my KiwiSaver as lump sum?

Once youre eligible, you can choose to withdraw it as one lump sum, in regular withdrawals, or as you need.

Can I opt out of KiwiSaver and get my money back?

If you opted out online Theyll stop deducting KiwiSaver from your pay. Well refund you any member contributions your employer has sent us. Your employer will refund you any remaining member contributions they have deducted from your pay. It generally takes 30 working days to process a refund.

Can you opt out of KiwiSaver at any time?

If youve been automatically enrolled but do not want to be a KiwiSaver member you can opt out. You can opt out between the end of week 2 and week 8 of starting work. That is on or after day 14 and on or before day 56.

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