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1182 Search Results

Yes! Current Students Can Apply for Biden's Loan Forgiveness

Yes! Current Students Can Apply for Biden’s Loan Forgiveness

https://www.sofi.com/learn/content/biden-forgiveness-for-current-students/

…debt cancellation is $125,000 for a single parent or $250,000 for the household. If the student’s parents meet this eligibility requirement, then the student could receive up to $10,000 in…


Can You Pay Off Student Loans with Your 401(k)?

Can You Pay Off Student Loans with Your 401(k)?

https://www.sofi.com/learn/content/pay-off-student-loans-with-401k/

…cash from your 401(k) might not be the best call.) If this person cashed out $20,000 from their 401(k), they would have to pay a 10% penalty of $2,000 right…


Tips For Making Your First Student Loan Payment

Tips For Making Your First Student Loan Payment

https://www.sofi.com/learn/content/making-your-first-student-loan-payment/

…in interest. Finally, there are four different income-driven repayment plans that tie your monthly payment to a percentage of your discretionary income. The plan that’s right for you depends on…


Student Loan Mistakes that Could Make Interest Soar

Student Loan Mistakes that Could Make Interest Soar

https://www.sofi.com/learn/content/4-student-loan-mistakes-that-make-interest-soar/

income threshold, depending on the taxpayer’s filing status. For the 2019 tax year, the deduction starts to phase out at a modified adjusted gross income (MAGI) above $70,000 for single…


When All Your Money Goes to Bills

When All Your Money Goes to Bills

https://www.sofi.com/learn/content/extra-money-after-bills/

…schedule to help divide work from leisure and maintain a healthy work-life balance. Is the 50/30/20 budget the only good rule of thumb? The 50/30/20 budget rule can be a…


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