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When can I take money from my Lifetime ISA?

You can withdraw your money tax free when you’re ready to use it for an eligible house purchase (worth up to £450,000) or after you turn 60. You're also allowed to withdraw your Lifetime ISA money if you are terminally ill.

You can take money out at other times too, but there will be a 25% charge from the government. This could mean you get back less than you put in.

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