Kiwi saver question
#1
Kiwi saver question
What is the easiest way to get the whole amount (including the “kick off” if possible) out? I was thinking it might be to use it as a deposit to buy part of a house that your OH has full legal ownership of (technically) or similar approach.
I enjoy the tax free bit but the schemes are astoundingly badly run . I want to put my money somewhere where I know it's being managed by folk who know stuff about how investments work.
I enjoy the tax free bit but the schemes are astoundingly badly run . I want to put my money somewhere where I know it's being managed by folk who know stuff about how investments work.
#2
Lost in BE Cyberspace
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Re: Kiwi saver question
I'm sorry I don't know, however I am intrigued by the 'tax free' comment!
What's that about? Contributions are paid from your taxed earnings, are they not?
You can always change your provider - lots of people I know swear by Gareth Morgan.
http://www.kiwisaver.com/Pages/Homepage.aspx
Caveat (said in a very fast voice): Don't take my word for it though!! I am not a financial advisor, take independent financial advice, your investments may go up or down and I have no interest in Gareth Morgan or his company and you must read the small print.
What's that about? Contributions are paid from your taxed earnings, are they not?
You can always change your provider - lots of people I know swear by Gareth Morgan.
http://www.kiwisaver.com/Pages/Homepage.aspx
Caveat (said in a very fast voice): Don't take my word for it though!! I am not a financial advisor, take independent financial advice, your investments may go up or down and I have no interest in Gareth Morgan or his company and you must read the small print.
Last edited by Bo-Jangles; Nov 24th 2009 at 7:19 am.