“529 Plans Pros and Cons”

931 Search Results

931 Search Results

Can You Use a 529 Plan for Private School?

Can You Use a 529 Plan for Private School?

https://www.sofi.com/learn/content/529-savings-plans-and-private-school-tuition/

…to $10,000 from a 529 can be applied to K-12 private school tuition, as long as your state considers it a qualifying expense. This is one of the many 529


401(a) vs 401(k): What's the Difference?

401(a) vs 401(k) Compared

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

…for employer and employee combined is $69,000, $70,000 in 2025, with an additional $7,500 catchup contribution allowed for employees 50 or older. And in 2025, those aged 60 to 63…


Tips for Avoiding the 529 Withdrawal Penalty

Tips for Avoiding the 529 Withdrawal Penalty

https://www.sofi.com/learn/content/529-withdrawal-penalty/

There are typically no withdrawal penalties associated with leaving leftover funds in a 529 plan after college. In fact, 529 plans allow you to withdraw up to $10,000 per year,…


Good-Paying Jobs Without a College Degree

Good-Paying Jobs Without a College Degree

https://www.sofi.com/learn/content/good-jobs-without-a-college-degree/

…Sign up and get $10.* Good-Paying Jobs vs Highest-Paying Jobs The highest-paying jobs have a median pay of around $200,000 a year, according to the BLS. People who work in…


Exploring Different Types of Investments

Exploring Different Types of Investments

https://www.sofi.com/learn/content/different-types-of-investments/

…a bond matures, the investor receives the face value of the bond. Pros and Cons of Bond Investments Pros Cons Bonds offer regular interest payments. The rate of returns with…


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