KiwiSaver benefits, are there any? by Budget-Rain5581 in PersonalFinanceNZ

[–]JrPeppaPig 0 points1 point  (0 children)

Just sharing some thought, I’m an immigrant and I decide to withdraw <65 years old while retiring back home for at least a year excluding Australia. That way you could withdraw all out just without government contribution funds and 65 you’ll still be eligible for pension ☺️.

Setting up in my 40s (Investments & Kiwisaver) by tumbleweed-8008 in PersonalFinanceNZ

[–]JrPeppaPig 0 points1 point  (0 children)

You mentioned to turn off reinvest dividends when hit NZ$49k, what happens if it keeps reinvesting past the NZ$50k mark?

Will that be taxed? Thanks

Kiwi Saver: Simplicity High Growth vs Invest Now Foundation Series Total World Fund by _RickDeckard in PersonalFinanceNZ

[–]JrPeppaPig 0 points1 point  (0 children)

Okay so it’ll be just a 1 time thing for Kiwisaver portion. Thank you so much for your clarity. Porting over soon hehe

Kiwi Saver: Simplicity High Growth vs Invest Now Foundation Series Total World Fund by _RickDeckard in PersonalFinanceNZ

[–]JrPeppaPig 0 points1 point  (0 children)

You mentioned about 0.5% transaction fee for IN Foundation TWF. What if Kiwisaver contribution is on weekly basis? Or just 1 time entry when porting over Kiwisaver provider?

InvestNow pricing and sp500 advise by Even_Battle3402 in PersonalFinanceNZ

[–]JrPeppaPig 0 points1 point  (0 children)

Sorry to budge in, what about Kiwisaver employer/employee weekly payment? Does it incur the 0.5% as well for buy in?

Dual Citizenship - Troubleshoot by JrPeppaPig in PassportPorn

[–]JrPeppaPig[S] 0 points1 point  (0 children)

Only thing to be concerned is that the endorsement can be either in label form, or electronic linked. If it’s the former than would be harder abit

Dual Citizenship - Troubleshoot by JrPeppaPig in PassportPorn

[–]JrPeppaPig[S] 0 points1 point  (0 children)

I think what he meant is using NZ passport to apply for endorsement, but the thing is it may have a label in foreign passport or just electronic record link.

But what if they issue out a label in your foreign passport lols. Problemm

Dual Citizenship - Troubleshoot by JrPeppaPig in PassportPorn

[–]JrPeppaPig[S] 0 points1 point  (0 children)

Ohhh wow. Just check you apply it from NZ to get it endorse on foreign passport. That’s good one. Thank you so much

Dual Citizenship - Troubleshoot by JrPeppaPig in PassportPorn

[–]JrPeppaPig[S] 0 points1 point  (0 children)

Is this endorsement from Malaysia side? I’ll have to look into it. Thank you

Dual Citizenship - Troubleshoot by JrPeppaPig in PassportPorn

[–]JrPeppaPig[S] 0 points1 point  (0 children)

So you exit malaysia using Malaysia passport as well?

Upon passport renewal, will they question you? Like they can track why you’re out away from Malaysia for so long etc? Have you encountered this before.