5 Questions
What is the maximum amount of money a person can contribute to a Lifetime ISA (LISA) in a single tax year?
$4,000
What is the minimum age requirement to open a Lifetime ISA (LISA)?
18 years old
What is the purpose of the 25% government bonus added to a Lifetime ISA (LISA)?
To help first-time home buyers
How long must a person have a Lifetime ISA (LISA) open before they can use it towards the purchase of their first home?
1 year
What is the maximum age at which a person can continue to contribute to a Lifetime ISA (LISA)?
50 years old
Learn about the features and benefits of a Lifetime ISA (LISA), including who can open it, how much can be saved annually, and its purpose in helping with first home costs. Discover how a LISA can be a valuable financial tool for individuals aged 18 to 39.
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