THOUSANDS of households could lose vital Universal Credit cash due to a little known rule. Universal Credit claimants who opt to save into a certain type of savings account could see their payments…
It allows those receiving Universal Credit to get a bonus of 50p for every £1 saved over four years.
You can save up to £4,000 a year into a LISA until you're 50 and you'll get a government bonus of 25% on what you put in.You'll also earn tax-free interest on your savings pot, including on the added extra from the government.
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