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1183 Search Results

Are Refinanced Student Loans Tax Deductible?

Are Refinanced Student Loans Tax Deductible?

https://www.sofi.com/learn/content/student-loan-refinance-tax-implications/

…(MAGI) must be less than $80,000 ($160,000 if filing a joint return). You’ll also experience a phased-out deduction if your MAGI is between $80,000 and $90,000 ($160,000 and $180,000 if…


Can a Married Couple Have Two Roth IRAs?

Can a Married Couple Have Two Roth IRAs?

https://www.sofi.com/learn/content/married-couple-two-roth-iras/

…combined MAGI of less than $230,000 may contribute up to the full contribution limit. ◦  Married couples filing jointly with a combined MAGI between $230,000 to $240,000 may contribute a reduced…


Is $95K a Good Salary for a Single Person?

Is $95K a Good Salary for a Single Person?

https://www.sofi.com/learn/content/is-95k-a-good-salary/

…the take-home pay on a $95,000 salary is around $74,991.50, though that doesn’t include state taxes. Once you’ve determined your after-tax income, consider using the 50/30/20 rule for budgeting. This…


A Guide to Student Loan Refinancing Without a Cosigner

A Guide to Student Loan Refinancing Without a Cosigner

https://www.sofi.com/learn/content/refinance-without-cosigner/

…refinance your student loans with a cosigner. Debt-to-Income Ratio Requirements Another factor lenders consider is your debt-to-income ratio, or DTI. This ratio informs lenders about the proportion of your monthly…


5 Tips For Getting the Lowest Rate When Refinancing Student Loans

5 Tips For Getting the Lowest Rate When Refinancing Student Loans

https://www.sofi.com/learn/content/get-lowest-rate-refinance-student-loans/

…your paycheck, wait until that’s materialized before you apply. 4. Show all your income. When lenders ask for income information, they mean all of your income, not just job earnings….


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