In this episode, we delve into the world of tax wrappers, aka investment accounts that wrap your money and impact how it is treated, taxed and accessed.
Highlights:
What is a tax wrapper?
The 5 main types of investment tax wrappers.
There are 5 main investment accounts that you need to know and understand so you can pick the one that is right for you.
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Individual Savings Account aka ISA
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Lifetime ISA aka LISA
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Pension or SIPP
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Junior ISA aka JISA for investing for children
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General investment account
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