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1211 Search Results

1211 Search Results

How to Roll Over Your 401(k): Knowing Your Options

How to Roll Over Your 401(k): Knowing Your Options

https://www.sofi.com/learn/content/how-to-roll-over-your-401k/

…$40,000, thanks to the mandatory 20% tax withholding. But in order to avoid fees and penalties, you’d still need to deposit the full $50,000 into your new retirement account, including…


What Is a Qualified Mortgage?

What Is a Qualified Mortgage?

https://www.sofi.com/learn/content/basics-qualified-mortgage/

…of $20,000 to $60,000: 5% of the total loan amount •   For a loan of $12,500 to $20,000: $1,000 •   For a loan of $12,500 or less: 8% of the…


Life After Refi: 6 Things to Do With Your Student Loan Refinance Savings

Life After Refi: 6 Things to Do With Your Student Loan Refinance Savings

https://www.sofi.com/learn/content/money-6-things-to-do-student-loan-refinance-savings/

…calculate your credit score. So if you have a $10,000 credit card limit and owe $7,500, that equates to a 75% debt utilization rate. To maximize your credit score, aim…


How to Make Money With Interest 7 Ways

How to Make Money With Interest 7 Ways

https://www.sofi.com/learn/content/different-ways-earn-interest-money/

…look like at the end of a year if you earned 3% simple interest: $10,000 principal +$300 interest = $10,300 at the end of the year. However, if that interest…


What Is a Gift Tax Return and When Is It Due?

What Is a Gift Tax Return and When Is It Due?

https://www.sofi.com/learn/content/gift-tax-return/

…long as no one received more than $17,000. If you held back, just know that you can make an unlimited number of tax-free gifts of up to $18,000 in 2024,…


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