ISAs are a type of savings account allowing people to save money without paying any tax on it. There are four main types of ISAs for adults but there is one unique ISA aimed at children. A Junior ISA can be opened for children aged under 18 and their limits have been raised, courtesy of today's budget.
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Budget 2020: Changes made to Junior ISAs could allow families to accrue £250k for children
![Budget 2020: Changes made to Junior ISAs could allow families to accrue £250k for children]()
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