Mark Soper-RetireEasy
The new tax year officially commenced on Good Friday and the ISA allowances increased on the same day.
For 2012/13 you can invest up to £5,640 in a Cash ISA with the balance invested in a Stocks & Shares ISA or up to the full limit of £11,280 in a Stocks & Shares ISA.
The income generated from an ISA can be a tax effective way to increase your retirement income, particularly with the freezing of age-related income allowances from next April.
Sign up to our newsletter and receive regular updates from us.
RetireEasy is the UK’s only independent retirement planning tool. LifePlan gives you an overview of all of your assets – including investments, pensions, savings, business assets and properties – and the income you will receive after liabilities such as debts, mortgages and income tax. It is not just a snapshot, but shows you how your finances will evolve throughout your retirement.
With Premium LifePlan you can model a Lifetime Mortgage, create and compare up to 10 scenarios of your financial future, radically reduce life insurance costs through a Life Assurance Premium Checker and you can print user-friendly narrative reports.
RetireEasy was established in 2011 and has helped thousands of users to understand their finances throughout retirement and adjust their plans to ensure that their money will last.
