Contributions holidays

Once you've been a KiwiSaver member for 12 months or more, and have been making regular contributions from your salary or wages, you can apply to Inland Revenue to take a contributions holiday.

1. Each contributions holiday can be between 3 months and 5 years.

2. You'll need to have been a KiwiSaver member for a year or more, unless you're suffering, or likely to suffer from, financial hardship. In that case, you can apply for an early contributions holiday.*

3. There's no limit to the number of contributions holidays you can apply for. 

4. Stopping your contributions will affect the growth of your savings, so bear this in mind when thinking about taking a break.

* To support your application for an early contributions holiday due to financial hardship, you should provide evidence of financial hardship for reasons beyond your control.