Fisher Funds KiwiSaver for Under 18's
Under 18's are eligible to join KiwiSaver.
Enrolling your children in KiwiSaver qualifies them for:
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A one-off $1,000 kickstart from the Government just for joining KiwiSaver |
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First home assistance programs (if eligible) |
Enrolling your children in KiwiSaver is a great way to kickstart their investment future. Fisher Funds takes a proactive stance on educating members and your children will benefit from learning about saving and investing.
Joining is easy. Just follow the in's and out's as detailed below.
- Your child will need an IRD number and one form of ID to setup an account. Click here to obtain an IRD number application form.
- We do not require an initial contribution nor is there a minimum annual contribution. Your children will need to contribute to KiwiSaver when they begin paid employment (even if it is an after school job). However, once they have been in KiwiSaver for over a year, they are entitled to take a contributions holiday.
- You can make voluntary contributions to your children's KiwiSaver accounts at any time. If you do wish to set up a savings regime for your children you may want to consider alternatives outside of KiwiSaver as there is no restriction on accessing funds like there is with KiwiSaver. Feel free to call our Client Services team on 0508 347 437 to discuss how Fisher Funds other investment options may be able to help.
- If your child is attending secondary school, is under the age of 18 and is earning less than $45 per week from all of their income sources they will not be required to contribute to KiwiSaver from their pay.
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