Since officially launching on 6 April 2017 the Lifetime ISA (or LISA for short) is designed to help people meet their savings goals. But just what is a Lifetime ISA, and how can you benefit? Read on for an overview of the key things you need to know about this savings vehicle.
The LISA may not be widely available just yet, but could still be worth considering – after all, tax-free money from the Government is nothing to be overlooked!
You can find out more about the Lifetime ISA by reading our guide.
If the LISA isn't for you, you'll still want to make the most of your ISA allowance – check out the best cash ISA rates, or if you're comfortable with a bit of extra risk, find out more about stocks and shares ISAs instead.
Alternatively, a Help to Buy ISA may be more appropriate if you're saving for a first home and want the security of cash – check out the best deals.
Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.