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This Concept Map, created with IHMC CmapTools, has information related to: Kiwisaver How is it funded, subsidises employer up to $20/week your employer 1% of gross salary increasing by 1% per year to reach 4% in 2011 (only ages 18+) tax free (up to lowest of your contribution figure or 4% of gross salary), How is Funded? the government subsidises employer up to $20/week, How is Funded? the government 'tax credit' your contributions are matched by up to $20/week yearly after July 1 (only ages 18+), How is Funded? you can take contributions holiday after 12 months (for 3 months to 5 years), How is Funded? the government Initial $1000 one-off kick-start (after 3 months), How is Funded? you If you are employed then you choose 4% or 8% of your gross salary, How is Funded? your employer 1% of gross salary increasing by 1% per year to reach 4% in 2011 (only ages 18+) tax free (up to lowest of your contribution figure or 4% of gross salary), How is Funded? the government Fee subsidy - $40/year, How is Funded? you voluntary contributions
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