Make the most of your ISA allowance
6th October 2009 is an important day for the over 50s.
The Individual Savings Account (ISA) limit will be raised to £10,200 if you are above 50, £5,100 of that can be saved in cash. The uplift applies to the 2009-10 tax year. So if you fit in to this age bracket, now is a great time to start thinking about making the most of your tax-free savings.
There are bound to be some new ISA accounts launched to tie in with this increase, so keep an eye out for some great deals coming up.
Don't panic if you're under 50, the new limits will apply to everyone else from 6th April 2010.