Making MAS your business’s preferred KiwiSaver provider
You've got a busy enough job managing a practice or business without having to deal with staff who want to talk about KiwiSaver – that's where we can help.
The Medical Assurance Society KiwiSaver Plan is a restricted scheme. Full details on eligibility to join can be found in the Product Disclosure Statement. Provided you are eligible in your own right to join the Plan, your business may choose to make MAS your 'preferred provider' for KiwiSaver.
By making MAS your KiwiSaver 'preferred provider', we can take care of telling your staff about KiwiSaver and how they can get the most from it, leaving you free to focus on managing your practice.
With MAS as your preferred KiwiSaver provider, your staff will be able to join the Medical Assurance Society KiwiSaver Plan automatically. This does not stop them from joining any other KiwiSaver provider.
To make MAS your preferred provider, download the Medical Assurance Society KiwiSaver Plan – Employer Preferred Provider Appointment form and return it to us. Or, for more information, talk to a MAS adviser, phone 0800 800 627 or email email@example.com.
Trading trusts, companies or partnerships
If your business is a trading trust, company or partnership – and you have an employee-employer relationship with your business – you can take advantage of the financial benefits KiwiSaver has to offer, just like other employees.
If you pay yourself a salary or wage, you can also pay yourself employer contributions to match your own savings. The contribution rates are 3%, 4%, 6 %, 8% or 10% of your before-tax salary.
Self-employed or sole traders
If you’re a sole trader or self-employed, KiwiSaver works differently for you – there’s no prescribed amount, so you can contribute as much or as little as you like.
In doing so you will qualify for the $521.43 matching contributions from the Government, and possibly the first home benefits, depending on your situation.
If you’re a business owner and want to apply for the MAS KiwiSaver Plan, download and complete the application form at the back of the MAS KiwiSaver Plan Product Disclosure Statement. Please also complete the MAS KiwiSaver Employer Preferred Provider Appointment Form.
Investments in the Medical Assurance Society KiwiSaver Plan are not guaranteed. If you would like to receive a hard copy of the Product Disclosure Statement, or for personal, tailored advice, you can talk to a MAS adviser by phoning 0800 800 627 or emailing firstname.lastname@example.org.
Although care has been taken to ensure the accuracy of this information, MAS does not assume any liability arising out of its use.
The Trustees of the Medical Assurance Society KiwiSaver/Retirement Savings Plans (the Plans) are the issuer and manager of the Plans. Copies of the Product Disclosure Statements (PDS) are available here and here.