Up to £10,200 can be invested into a Stocks and Shares ISAs for over 50s each tax year. Or, you can pay up to £5,100 of your total allowance into a Cash ISA.
Stocks and Shares ISAs, for over 50s as for other savers, offer an opportunity to maximise your tax-free savings by investing them in the stock market, which can bring potentially higher returns than investing in Cash ISAs, although it does come with risks and, unlike cash, you could get back less than you paid in.
See which of the Stocks and Share ISAs in our comparison table best suits your investment needs and apply online to start making the most of your tax-free savings allowance.
