Yes they can. In the past there was a $1,000 bonus for signing your child up with KiwiSaver, but there’s still good reasons to sign them up and get them to learn about the value of long term saving.
Any New Zealand citizen or person entitled to live indefinitely in New Zealand who also normally lives in New Zealand.
KiwiSaver is designed to only be used for your first home purchase or your retirement. However, there are other extraordinary scenarios where you could apply to access that money early.
You can make either employee contributions of 3%, 4%, 6%, 8% or 10% otherwise you can make voluntary contributions whenever you want by going through Westpac’s online banking system.
When you enrol a Westpac KiwiSaver account scheme, you can keep track of your KiwiSaver funds online