$1,000 kick-start payment

To get your savings off to a good start, the Government will kick-start your account with a tax-free contribution of $1,000.

All new KiwiSaver members qualify for the kick-start payment when they first join.

When a kick-start is paid

The kick-start will be paid into your account about 3 months after Inland Revenue receives:

• your first contribution, or
• notification of your membership.

The kick-start is not a cash payment - it goes straight into your account.

You can only get one kick-start

You can only get it once. If you stop being a KiwiSaver member, for example you move overseas, you won't get another payment even if you return to New Zealand and start another KiwiSaver account.