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paying a lump sum into s+s isa

Mick70 · 2023-05-12 09:36:05

IF possibly have £20k available to pay into a S&S ISA , would you put it in asap as one lump sum, or spread out risk and drip £2k a month into it , until reach that £20k limit ? was unsure what was best

Comments

Mick70 Posts: 777 Forumite

12 May 2023 at 4:16PM

Simon11 said:

I personally would look to put more of my income into my pension pot for a year to take advantage of tax saving and then live off the £20k savings.

This is based on the limited information provided above, with no idea how much you hold in ISA, pension and other pots.

have already got provisions to max out pension for 23/24

this is a £20k in addition

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