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1001 Search Results

What is PMI?

What is PMI?

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

…sufficient funds for a 20% down. If you have PMI and default on your home loan, the insurer will be responsible for paying a portion of the loan balance, so…


7 Ways of Dealing With Financial Anxiety

7 Ways of Dealing With Financial Anxiety

https://www.sofi.com/learn/content/7-ways-tackle-financial-stress/

…the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging…


IRA vs 401(k): What Is the Difference?

IRA vs 401(k): What Is the Difference?

https://www.sofi.com/learn/content/ira-vs-401k-which-is-best-for-you/

…you leave your job and want to roll over your 401(k) account into an IRA, you can do so penalty free within 60 days. If you transfer the funds and…


How to Open an IRA: Beginners Guide

How to Open an IRA: Beginners Guide

https://www.sofi.com/learn/content/open-first-ira/

…your account is opened, you’ll receive guidance on funding an IRA. If you want to fund your account through an electronic transfer, you’ll be asked to provide banking information. It’s…


Backdoor Roth IRAs

Backdoor Roth IRAs

https://www.sofi.com/learn/content/backdoor-roth-ira-right/

…•   Open a Roth IRA, complete any paperwork that may be required for the conversion, and transfer the money into the Roth IRA. Tax Impact of a Backdoor Roth If…


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