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Backdoor Roth IRAs

Backdoor Roth IRAs

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

…•   Make a non-deductible contribution to the Traditional IRA. •   Open a Roth IRA, complete any paperwork that may be required for the conversion, and transfer the money into the…


How to Open an IRA in 5 Steps

How to Open an IRA: Beginners Guide

https://www.sofi.com/learn/content/how-to-open-an-ira/

…contribution limits based on income and employment status. • The process of opening an IRA involves providing personal information, identification, and selecting beneficiaries, followed by funding the account through transfers…


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/

…within 60 days. If you transfer the funds and hold onto them for longer than 60 days, you will owe taxes and a penalty if you’re under 59 ½. Can…


4 Smart Student Loan Repayment Strategies for New Grads

4 Smart Student Loan Repayment Strategies for New Grads

https://www.sofi.com/learn/content/grads-guide-smart-student-loan-repayment-strategy/

…private), the balances, and the interest rate you’re charged for each. This information is key to intelligent planning. 2. Understand the Grace Period Some student loans offer a grace period…


Changing Careers After Law School (and Why You May Have To)

Changing Careers After Law School (and Why You May Have To)

https://www.sofi.com/learn/content/changing-careers-after-law-school/

…Loan Repayment and Forgiveness Options Planning Ahead Try moving your focus from what you don’t like about your current job to how you might transfer your knowledge, skills, and passion…


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