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ISA opening confusion
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friolento said:Your existing ISA is not subject to the annual deposit limit. The money in your existing ISA will retain its tax shelter as long as you do not withdraw it.You can open as many ISAs as you like, so there is no reason why you cannot put cash into a new ISA with Lloyds or anyone else now, and transfer your matured ISA to another ISA later in the year. That said, I have not seen anything in the Lloyds ISA T&Cs about a 60 day limit for transfers in. So there might be another misunderstanding.0
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