Introduction The Lifetime ISA (Individual Savings Account) has gained recognition as a vital financial product for individuals looking to save for their first home or retirement. Launched in 2017 by the UK government, this savings vehicle has highlighted the importance of structured saving as housing prices continue to rise and retirement planning becomes more paramount.
Introduction to ISAs Individual Savings Accounts (ISAs) are a vital financial tool for UK residents, enabling them to save and invest without incurring tax on interest, dividends, or capital gains. The recent surge in inflation and the cost of living crisis have made ISAs more relevant than ever, as individuals seek effective ways to manage