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864 Search Results

401(k) Catch-Up Contributions: What Are They & How Do They Work?

401(k) Catch-Up Contributions: What Are They & How Do They Work?

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

…Defined Contribution Maximum, including employer contributions $66,000 $7,500 $73,500 SIMPLE IRA $15,000 $3,500 $18,500 Traditional and Roth IRA $6,500 $1,000 $7,500 These amounts only include what you contribute to your…


Should I Pull My Money Out of the Stock Market?

Should I Pull My Money Out of the Stock Market?

https://www.sofi.com/learn/content/pull-money-out-of-the-stock-market/

…must fund their Active Invest account with at least $25 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions. SOIN-Q324-018…


How Much Income Is Needed for a $1,000,000 Mortgage?

How Much Income Is Needed for a $1,000,000 Mortgage?

https://www.sofi.com/learn/content/income-needed-for-a-1000000-mortgage/

…additional debt you’re carrying each month, you’ll need more income to qualify for the loan. $9,000 mortgage + $1,000 additional debts = $10,000 in total monthly debts $10,000 is 36%…


What Are Excessive Transaction Fees?

What Are Excessive Transaction Fees?

https://www.sofi.com/learn/content/excessive-transaction-fee/

…earn 4.00% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a recurring deposit of regular income to an account holder’s…


All You Need to Know About Subsidized Loans for Graduate School

All You Need to Know About Subsidized Loans for Graduate School

https://www.sofi.com/learn/content/subsidized-student-loans-for-graduate-school/

…of which only $23,000 may be in subsidized loans. For undergraduates whose parents are unable to access PLUS loans, the loans limit is $57,500, with no more than $23,000 in…


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