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Saving for later life with your Lifetime ISA

Find out how you can continue to save in a LISA after you’ve bought a first home

 

A Lifetime ISA  (LISA) isn’t just for saving for your first home. You could also use a Lifetime ISA to save for later life.

You don’t have to withdraw all the money in your LISA to buy your first home. There is the option for you to leave some of the money and keep making regular payments until you turn 50 and receive the government bonus. After this, your savings will still have the opportunity for any potential investment gains. 

After age 60, you can withdraw the money you have saved without a penalty. 


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