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To withdraw savings you will need to provide evidence you are suffering docHub financial hardship. If your application is accepted you can only withdraw your and your employers contributions. docHub financial hardship includes when you: cannot meet minimum living expenses.
Once youve been a KiwiSaver member for at least three years, you may be able to use your KiwiSaver savings to help buy your first home. To get you started you can complete the online form below to request your KiwiSaver first home withdrawal pre-approval letter to be sent to you by email.
You are generally able to withdraw your KiwiSaver savings if you are experiencing financial hardship.
Once you turn 65, you have a huge amount of flexibility with your KiwiSaver fund. You can withdraw all or some of your money, opt out of KiwiSaver and opt back in, keep contributing or stop contributing. You can even join for the first time.
You may be eligible to withdraw KiwiSaver savings early in the case of bankruptcy, relationship property, student loans and your death.
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People also ask

You must be in KiwiSaver for at least 3 years before you withdraw funds for your first home. You can withdraw: your contributions.
If youve decided to withdraw your KiwiSaver funds, youll need to contact your KiwiSaver provider and complete their withdrawal form along with a statutory declaration. Once you have completed the withdrawal form and signed the requirements, you can look forward to receiving the funds in your New Zealand bank account.
Youll have to be able to show youre experiencing docHub financial hardship(opens in new window), which includes: being unable to meet minimum living expenses. being unable to meet mortgage repayments on the home you live in, resulting in your mortgage provider enforcing the mortgage on your property.
If you are invested in the Westpac KiwiSaver Scheme, you can request this by contacting our KiwiSaver specialists on 0508 972 254 who will be able to send you a conditional approval letter.
Once youre eligible, you can choose to withdraw it as one lump sum, in regular withdrawals, or as you need.

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