Withdrawals and maturation
2 Support topics
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What happens to my child’s Junior ISA when they turn 18?
When your child reaches 18, their Junior ISA will automatically convert into a standard Stocks & Shares ISA with…
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Can I withdraw from my child’s Moneybox Junior ISA?
No. Money paid into a Junior ISA is considered a gift, which means it can only be withdrawn by…
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It's important you know
Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.
A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.