“The lifetime ISA should pay out a bonus up until the age of 50 so you get the bonus up until the age of 50 so a maximum possible 32 years if you opened it at 18”
ML
Martin Lewis
The Martin Lewis Podcast ·
“A pound coin with a list of the top lifetime ISA provider in there at the time and a note and say please go and put this pound in a lifetime ISA and you'll be starting an 18 year off”
Martin Lewis · The Martin Lewis Podcast · ISAs are changing: what to do now (cash, shares, LISAs) | State Pension Tax Help | Interest rate rises
The publisher’s audio link for this episode is not available. Find “ISAs are changing: what to do now (cash, shares, LISAs) | State Pension Tax Help | Interest rate rises” in any podcast app and go to 38:09.
What was described
Give an 18-year-old a £1 gift with a list of top Lifetime ISA providers as a birthday present to encourage early opening before the product closes
£1
Said nearby on the same subject
“We're still going to do opening, then discovery, then presentation close. We just flip the amount of time from discovery to presentation.”
CS
Chris Smith
Financial Advisor Success ·
“You can have a lifetime ISA and a first time buyer ISA and get the bonus on both when you buy a first time property what you can't do is contribute to both in the same tax year”
ML
Martin Lewis
The Martin Lewis Podcast ·
“Don’t co-sign… pay off the car early as a gift… you shouldn’t have borrowed money on it”
♫
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