26/05/2026
KiwiSaver hardship withdrawals: what you need to know.
If you are experiencing serious financial difficulty, you may be able to apply for a KiwiSaver significant financial hardship withdrawal in limited circumstances. Applications are assessed based on your situation, supporting evidence, the relevant KiwiSaver scheme rules, and applicable legal requirements. Approval is not automatic, and the amount released, if any, may be different from the amount requested.
A hardship withdrawal may be considered where a person is unable to meet minimum living expenses, certain mortgage commitments on their main family home, or specific costs connected with illness, injury, disability, palliative care, or funeral expenses. Supporting information is usually required, and applicants should make sure the information they provide is current, complete, and accurate.
General information only. This post does not constitute personalised financial advice, legal advice, or a guarantee of eligibility, approval, timing, or payment. KiwiSaver hardship withdrawal rules, assessment criteria, required documents, processing times, and provider processes may change. You should confirm the current requirements with your KiwiSaver provider and seek advice from a qualified professional before making financial decisions.
Need help understanding your KiwiSaver options? Contact your Financial Adviser or get in touch with Eliteinsure.