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Is a Cash ISA Worth it? | This Morning






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Title :  Is a Cash ISA Worth it? | This Morning
Lasting :   4.17
Date of publication :  
Views :   152 rb


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LucidVibes
 what if i dont have a job right now, so technically an isa is worth it coz im not earning jack rn
Comment from : LucidVibes


R
 Your children might pay upto 40 tax on your ISA money after you die through Inheritance TaxbrSIPP money transfers through Inheritance without Inheritance taxbrTherefore, it makes sense for people who are withdrawing pension money from their SIPP in drawdown fashion (not annuity), to leave that money alone (because they pay income tax on that) and take from thier ISA instead, when the threshold of income tax beginsbrIf you got a net fortune (including your home) of above £500,000 and you're above 50 years old, you need to speak to a financial advisor to get independent financial advice for your children's sake!
Comment from : R



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