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1043 Search Results

1043 Search Results

401(k) Hardship Withdrawals: What Are They and When Should You Use them?

401(k) Hardship Withdrawals: What Are They and When Should You Use them?

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

…other related expenses, including educational fees and room and board for the next 12 months of postsecondary education. This rule applies to the individual, their spouse, and their children and…


How to Save Up for a Car

How to Save Up for a Car

https://www.sofi.com/learn/content/how-to-save-up-for-a-car/

…spend the money you want to put aside each month to save up for your car. Cutting Back on Extras If your current budget doesn’t give you much room to…


Defensive Investment Strategy: Definition and Types

Defensive Investment Strategy: Definition and Types

https://www.sofi.com/learn/content/defensive-investment-strategy/

…This can make it difficult for investors to maintain their standard of living or meet their long-term financial goals. •   Fewer investment options: Defensive investing typically involves investing in low-risk,…


Tips for Parents Who Are Starting Late for College Savings

Tips for Parents Who Are Starting Late for College Savings

https://www.sofi.com/learn/content/starting-college-fund-late/

…funds available for college expenses. When you withdraw funds from a traditional 529 savings plan, they can be put toward college tuition, fees, room and board, textbooks, and more. You…


The S&P 500 Explained and Defined

The S&P 500 Explained and Defined

https://www.sofi.com/learn/content/what-is-the-sp-500/

…500 a good investment? Some financial professionals might say that there could be room in a long-term financial plan for an S&P 500 investment, given that the U.S. stock market…


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