MONEY matters
Aug 09, 2022
2 minutes
READER QUESTION
Q I’d like to start a savings pot for my son. I’ve heard about Junior ISAs – what are they?
‘Junior ISAs are long-term tax-free savings accounts for children,’ says Martin Shaw, CEO of Association of Financial Mutuals. ‘There are two types: cash-based JISAs and stocks and shares JISAs. And you can contribute up to £9,000 a year until they are 18. The money belongs to the child
You’re reading a preview, subscribe to read more.
Start your free 30 days