Date: 2021-03-30 20:03:47
LIFETIME ISA UK: PROS vs CONS Explained. 2021 Complete Guide To Open a Lifetime ISA. We answer ALL your questions and give you the Pros & Cons of the LISA for First Time Buyer and also if you’re using it for Retirement Planning. Jump in the comments and let us know your Lifetime ISA questions 😀
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0:00 – Intro
1:24 – What is a LifeTime ISA and What Benefits Do You Get?
3:18 – Why Apply For a LifeTime ISA?
3:40 – From What Age Can You Apply?
4:55 – What are the Types of LifeTime ISAs?
5:44 – What is the Penalty For Taking Money Out of the Lifetime ISA?
8:10 – Does The LifeTime ISA Form a Part of Your £20,000 Annual ISA Allowance?
8:40 – Can Only UK Citizens Apply?
9:20 – What Providers Offer Lifetime ISAs?
9:56 – I’m Currently Living Overseas. Can I open a Lifetime ISA?
10:23 – If You Opened a Lifetime ISA and Moved Abroad, What Happens To Your Money?
11:42 – Can You Have a LifeTime ISA and other ISAs at the same time?
12:10 – Can you hold a LifeTime ISA and a Help-To-Buy ISA at the same time?
12:28 – Are my Savings Protected In A LifeTime ISA?
13:25 – When Can You Take Money Out of a Lifetime ISA without a 25% penalty?
13:51 – PROS For Lifetime ISAs For FIRST TIME BUYERS
16:07 – CONS For Lifetime ISAs For FIRST TIME BUYERS
16:43 – PROS For Lifetime ISAs For RETIREMENT SAVINGS
18:45 – CONS For Lifetime ISAs For RETIREMENT SAVINGS
19:18 – When a Pension is Better than a Lifetime ISA
21:37 – Question for reflection (Please Comment)
★★ About this video ★★
The COMPLETE GUIDE to VANGUARD FUNDS Investing For Beginners UK
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Best, Mary and Ken Okoroafor
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