It’s been five years since the government launched a new savings account to help first-time buyers and those saving for retirement – but are you making the most out of it?
The Lifetime Isa (Lisa) launched in 2017 as a replacement to the Help to Buy Isa. It eventually took its place, offering anyone aged 18-39 the chance to save each year – and get a boost from the Treasury.
The cash can go towards your first home or your own private pension savings – and the money is paid out every year.