What's the maximum amount I can pay in to my ISA?
Updated 06 April 2017
There is a maximum amount you can pay into ISAs each year, and this is set by HM Revenue & Customs.
The maximum yearly savings limit for ISAs is £20,000 for the 2017/18 tax year. You can pay this total amount into a stocks and shares ISA, cash ISA, innovative finance ISA, or in any combination you choose.
The flexible ISA rules introduced on 6 April 2016 don't apply to the Retiready ISA, which means that if you make a withdrawal, you won't be able to replace it without it counting towards your annual limit.
From 6 April 2017, a Lifetime ISA will also be available in the market (however not from Aegon). Despite the new limit of £20,000 across all ISA products, you can only contribute a maximum of £4,000 to a Lifetime ISA each year.
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