Tuesday 28 November 2017

New parents miss out on KiwiSaver HomeStart grants

One woman's maternity leave KiwiSaver shock has revealed many people are missing out on first home grants.

When Amy Wright, from Christchurch, went on maternity leave, nobody told her she should make voluntary contributions to KiwiSaver or risk missing out on the HomeStart grants.

The grants of between $3000 and $5000 are designed to help young people buy homes, but only if they have been contributing members of KiwiSaver for at least three years.

​Wright wanted to alert other new mums to the threat. (Editor's note: Wright works for stuff)

from
http://www.stuff.co.nz/business/money/99308668/New-parents-miss-out-on-KiwiSaver-HomeStart-grants

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