A Lifetime ISA can help you save for your first home in the UK or for your retirement. You can add money to your LISA and get a 25% bonus from the government each year until you turn 50.

 

Keep in mind, LISAs are designed for long-term savings. If you take money out for reasons other than buying your first home or after you turn 60, you may have to pay a penalty. If you want easier access to your money, consider a regular ISA instead.