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401(k) Hardship Withdrawals: What Are They and When Should You Use them?

401(k) Hardship Withdrawals: What Are They and When Should You Use them?

https://www.sofi.com/learn/content/401k-hardship-withdrawal/

…However, if your vested account balance is less than $10,000, you may borrow up to that amount. There’s a reason for this: Your vested balance is the amount of money…


Is a Post-Grad Certificate Program Worth It?

Is a Post-Grad Certificate Program Worth It?

https://www.sofi.com/learn/content/graduate-certificate-program-value/

…require significant study time, which can be hard to balance if you’re also working full time. In a job market where companies are fighting for top talent, however, you may…


Home Equity: What It Is, How It Works, and What It Can Be Used For

Home Equity: What It Is, How It Works, and What It Can Be Used For

https://www.sofi.com/learn/content/what-is-home-equity/

…equity, and how does it work? What Is Home Equity? Home equity is the amount of your home value that you actually own. It’s calculated by subtracting your mortgage balance


What to Know Before You Borrow Money Online

What to Know Before You Borrow Money Online

https://www.sofi.com/learn/content/know-borrow-money-online/

…financial outcomes. Credit Cards At its core, a credit card is a short-term loan — specifically, a line of credit. If the account balance is paid in full before each…


Money Market Account vs Certificate of Deposit

Money Market Account vs Certificate of Deposit

https://www.sofi.com/learn/content/money-market-account-vs-certificate-of-deposit/

…(as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo,…


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