Shuffling ISA money
Options
For the past few years I have been able to save my yearly ISA allowance. This year I am not in a position to do so. Since some of the highest earning rate ISA's don't allow transfer in of old ISA funds I am considering drawing out £5100 from an old ISA and using it as this years allowance in the highest rate I can . This site always advices against taking money out of ISAs if possible. But in this situation it seems to make financial sense to me. Or am I missing an aspect I haven't thought of ?
0
Comments
-
Whoops wrong forum .. will re-post in ISA0
This discussion has been closed.
Categories
- All Categories
- 343.5K Banking & Borrowing
- 250.2K Reduce Debt & Boost Income
- 449.9K Spending & Discounts
- 235.6K Work, Benefits & Business
- 608.5K Mortgages, Homes & Bills
- 173.2K Life & Family
- 248.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards