An easy access pot is a savings pot that allows you to withdraw (take money out) within a few days. It’s an alternative to a pension pot that can’t be accessed until you are at least 55 years old.
Within this savings pot, there’s two types of accounts that can be used to store and invest money.
First, there’s a Stocks and Shares ISA, it's a tax-free savings account, meaning you don’t pay any tax on the money you make as it ideally grows in value over time.
There’s also a Standard Account which is similar but isn’t tax free.
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