savings account explained

Investment Savings Account

Investment Savings Account   An Investment Savings Account (ISA) is a type of savings account that allows you to invest your money in a variety of assets, such as stocks, bonds, and mutual funds, while offering tax benefits. The specific tax benefits vary depending on the type of ISA you choose. There are two main types of ISAs: Cash ISAs: These accounts allow you to save cash and earn interest, but the interest is usually taxable. Stocks and Shares ISAs: These accounts allow…