UK & US Savings Accounts (Account Options)

I’m lumping these together because there’s no practical difference, aside from the currency. These aren’t really investment accounts, but just to cover the rest of the universe of accounts that Americans in the UK might have. Synopsis Short term savings or emergency fund only – low interest rates, often below inflation. There might be someContinue reading “UK & US Savings Accounts (Account Options)”

UK Lifetime ISA (Account Options)

Lifetime ISAs are a relatively new product, and are an interesting hybrid of a “normal” ISA and a pension, kind of like a Roth IRA. Your money is locked up until age 60 except for a first home purchase, but it’s tax advantaged. The low contribution limit means this won’t be a huge part ofContinue reading “UK Lifetime ISA (Account Options)”