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“Balance Transfer Card”

1002 Search Results

1002 Search Results

Inherited IRA Distribution Rules Explained

Inherited IRA Distribution Rules Explained

https://www.sofi.com/learn/content/inherited-ira-rmd-rules/

…401(k) plan can also be used to fund an inherited IRA. Spouses won’t necessarily need to open an inherited IRA, because spouses are allowed to transfer any inherited assets directly…


Financial Benefits of Going to a Community College

Financial Benefits of Going to a Community College

https://www.sofi.com/learn/content/benefits-of-community-college/

…school has a transfer relationship with any four-year colleges, and what GPA and grades are needed to successfully transfer. If the school doesn’t have a relationship with a college you’re…


Mega Backdoor Roths, Explained

Mega Backdoor Roths, Explained

https://www.sofi.com/learn/content/what-is-mega-backdoor-roth/

…to save for retirement with potential tax benefits, despite income limits on traditional Roth IRAs. •   This strategy involves making after-tax contributions to a 401(k) and then transferring these to…


Can an Employee Refuse Direct Deposit?

Can an Employee Refuse Direct Deposit?

https://www.sofi.com/learn/content/employer-required-direct-deposit/

…investment account. Prepaid Debit Cards You could send direct deposit to a prepaid debit card, such as American Express’ Bluebird Card. Payment Apps If you are receiving direct deposit, another…


Roth IRA Conversion: Rules and Examples

Roth IRA Conversion: Rules and Examples

https://www.sofi.com/learn/content/roth-ira-conversion-rules/

…it to a Roth IRA within 60 days. •   A trustee-to-trustee, or direct IRA rollover: The account owner tells the financial institution currently holding the traditional IRA assets to transfer


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