Lifetime ISA rules include tax-free returns and government bonus
A Lifetime ISA offers tax-free returns and a government bonus for first home purchases or retirement. Withdrawals before age 60 may incur penalties.
Why it matters
Eligibility requires being under 40, with annual contribution limits and penalties for early withdrawal.
Sources
- How to open a Lifetime ISA By Rebecca Goodman, Be Clever With Your Cash · becleverwithyourcash.com
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