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Lump sum savings and LISA
bww
Posts: 2 Newbie
Hi,
I have a lump sum that I would like to put in to a LISA, however the sum is larger than the £4000 per year limit on the LISA is there any way to pay more in when you open the account or will I have to keep the rest in a savings account and then pay £4000 inn each year.
Many thanks for the help
I have a lump sum that I would like to put in to a LISA, however the sum is larger than the £4000 per year limit on the LISA is there any way to pay more in when you open the account or will I have to keep the rest in a savings account and then pay £4000 inn each year.
Many thanks for the help
0
Comments
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The LISA contribution limit is strictly £4K per tax year, no ifs, no buts....1
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