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  2. Lifetime ISA

    The Lifetime ISA (LISA) is designed to help younger generations get on the property ladder, or to save for their retirement – or even both. To be eligible to apply for an account, you must be aged over 18, but under 40.
    www.barclays.co.uk/smart-investor/new-to-investing/your-first-steps/the-lifetime-isa-explained/
    www.barclays.co.uk/smart-investor/new-to-investing/your-first-steps/the-lifetime …
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    What is a Lifetime ISA (Lisa)?The lifetime Isa (Lisa) is a tax-free savings or investments account designed to help those aged 18-39 at the time of opening to buy their first home or save for retirement. The main selling point of lifetime Isas is the generous 25% bonus the government pays on your savings when you come to use them, up to a maximum of £1,000.
    What are Lisas & how do they work?LISAs are a type of ISA specifically for 18 to 40-year-olds who want to either save towards buying their first home or make an early start on their savings for retirement. Other kinds of ISAs include Cash ISAs, Stocks and Shares ISAs, Innovative Finance ISAs, and Junior ISAs.
    Should you invest in a Lisa or a cash ISA?If you’re saving for your first home or retirement, the LISA’s main advantage is the 25% bonus. While the amount you can earn is limited, this 25% top up far outstrips the interest you’d earn with a standard cash ISA. Another key benefit is the fact you can save without paying any tax on your returns.
    Why should you invest in a Lisa?Not only will the government top up your contributions by 25%, you’ll also benefit from investment growth — which historically has outperformed savings interest in the long term. However, the value of your investments can go down as well as up and you may get back less than you originally invested. Wondering which stocks and shares LISA is best?
     
  4. The Lifetime ISA explained | Barclays Smart Investor

     
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    WEBFeb 1, 2022 · A Lifetime ISA (LISA) can help you buy your first home or save for retirement. A whopping 25% Government bonus gets paid on your savings – who can say no to free money?! Here, we break down …

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  12. Best lifetime Isas 2024 - Which?

    WEBApr 5, 2024 · The lifetime Isa (Lisa) is a tax-free savings or investments account designed to help those aged 18-39 at the time of opening to buy their first home or save for retirement. The main selling point of …

  13. Lifetime ISA (LISA) – how they work & best providers

    WEBMay 1, 2024 · Best Lifetime ISA providers. Help to Buy ISA vs Lifetime ISA. Lifetime ISA summary. If you don't have time to read about the LISA in detail, here's a quick summary of all the main details: You can pay a …

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