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“11 Simple Ways to Avoid Paying Taxes Legally”

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Tips for Overcoming Bad Financial Decisions

Tips for Overcoming Bad Financial Decisions

https://www.sofi.com/learn/content/overcoming-these-15-horrible-financial-decisions/

…Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.00% APY on savings balances (including Vaults) and 0.50%…


Do Part-Time Students Have to Pay Back Student Loans?

Do Part-Time Students Have to Pay Back Student Loans?

https://www.sofi.com/learn/content/do-part-time-students-pay-student-loans/

…lender, students may be required to make payments on their loan while they are enrolled in school. Part-time college enrollment is expected to increase 10% by 2031. Students may be…


Can You Pay Rent With a Credit Card?

Can You Pay Rent With a Credit Card?

https://www.sofi.com/learn/content/paying-rent-with-credit-cards/

…processed. Businesses that process between $10,000 and $250,000 in credit card payments annually pay between 2.87% and 4.35% per transaction, according to Square. This means that if a tenant were…


Navigating Solo 401(k) Plans: A Complete Guide for the Self-Employed

Navigating Solo 401(k) Plans: A Complete Guide for the Self-Employed

https://www.sofi.com/learn/content/solo-401k/

…401(k) plans. The IRS caps total contributions to a solo 401(k) account at $66,000 for 2023 and $69,000 for 2024. That doesn’t include catch-up contributions for those age 50 and…


IRA Transfer vs Rollover: What's the Difference?

IRA Transfer vs Rollover

https://www.sofi.com/learn/content/ira-transfer-vs-rollover/

…on top of what they put into their 401(k) or other employer-sponsored retirement plan. In 2024, the contribution limit to an IRA is $7,000, or $8,000 for those 50 or…


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