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Are your savings safe in the bank? (and paying to squeeze blackheads)

The Martin Lewis Podcast

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How Much Money Do You Have in a Helped by ISA?

You can put up to £4,000 per tax year in a lifetime ISA. But if you want to take the money from the helped by ISA and put it in the lifetime ISA, still can only move £2,400 a year. It would take you over two years, two tax years, before you could put even the money you've already saved in a helped by ISAs into a lifetime ISa. If anyone listening you hasn't got either, you can't open a help to buy ISA now. They don't exist for new customers. You can have both, but you can only get first time buyers 25% boost on one of them - not all

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