UK's Help to Save Pays £1,200 Bonus on £2,400 Saved

UK's Help to Save Pays £1,200 Bonus on £2,400 Saved

The UK government-backed Help to Save rewards workers on Universal Credit, the main benefit payment, with 50p extra per £1 saved. Deposits are capped at £50 a month, with tax-free bonuses paid after two and four years. Saving the full £2,400 brings £1,200. Parents and carers on Universal Credit become eligible from 2028.

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