KiwiSaver Significant Financial Hardship

If you're dealing with serious financial challenges, you may qualify to withdraw some of your KiwiSaver funds early. However, it's important to remember that KiwiSaver is designed for long-term savings and withdrawing money now could significantly impact your future plans for buying a home or saving for retirement. Chris Paterson from Mercer explains Significant Financial Hardship Withdrawal eligibility criteria and process in the video below.

If you’re not sure if you are eligible for a Significant Financial Hardship withdrawal, use our online quiz to check. It only takes around 2 minutes and if it appears that you may be eligible for a withdrawal, the application form will be available to download. Please note this quiz is not a guarantee of approval.

If you want to find out more about the process and requirements, we recommend you download and read our guide.

^{This article has been prepared by Mercer (N.Z.) Limited. The information contained in this article is intended for general guidance only. It does not take into account your particular financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately qualified financial adviser. The Mercer KiwiSaver scheme is issued by Mercer (N.Z.) Limited. For information about this product, please refer to the Product Disclosure Statement which is available free of charge on www.mercerfinancialservices.co.nz.}