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862 Search Results

Can You Contribute to Both a 401(k) and an IRA?

Can You Contribute to Both a 401(k) and an IRA?

https://www.sofi.com/learn/content/can-you-have-401k-and-an-ira/

…you’re 50 or older), and $22,500 ($30,000 if you’re 50 or older) for a 401(k). For 2024, it’s $7,000 for an IRA ($8,000 if you’re 50 or older), and $23,000…


How to Know When to Sell a Stock

How to Know When to Sell a Stock

https://www.sofi.com/learn/content/when-to-sell-a-stock/

…security at a $10,000 loss, the loss could be applied so that the investor would only see a capital gain of $15,000 ($25,000 – $10,000). If you’re considering this as…


The US Debt Ceiling, Explained

The US Debt Ceiling, Explained

https://www.sofi.com/learn/content/what-is-the-us-debt-ceiling/

…reinstated the debt ceiling to about $28.5 trillion after suspending it in 2019. In October 2021, Congress voted to raise the debt ceiling limit by $480 billion to keep the…


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…


Are You Allowed to Have a Savings Account While on Social Security Disability?

Are You Allowed to Have a Savings Account While on Social Security Disability?

https://www.sofi.com/learn/content/can-you-have-a-savings-account-on-social-security/

…benefits. However, there is a $2,000 to $3,000 limit (varies by household) for the SSI program. Photo credit: iStock/MicroStockHub SoFi® Checking and Savings is offered through SoFi Bank, N.A. ©2024…


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