Hello,
I have moved to this country 14 years ago. Have been a employee for a few years and have contributed NI partially over the years.
I have a Lifetime ISA whereby contribution 4k gives you 1k , but locked until 60 years of age.
I would like to find out how to calculate what is more efficient:
- voluntary contributions of the missing NIs (£800 /year for the years I've missed), vs
- Saving £4k for the 1 year, to get £1k in the LISA
How can I calculate?