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“Non Taxable”

769 Search Results

769 Search Results

Guide to Self-Directed IRAs (SDIRA)

Guide to Self-Directed IRAs (SDIRA)

https://www.sofi.com/learn/content/self-directed-ira/

…traditional SDIRAs and Roth SDIRAs. Traditional IRA Contributions and Withdrawal Rules IRA contributions to traditional accounts goes in before taxes, which reduces investors’ taxable income, lowering their income tax bill…


Tax Implications of a Cash-Out Refinance: What to Know

Tax Implications of a Cash-Out Refinance: What to Know

https://www.sofi.com/learn/content/tax-implications-of-a-cash-out-refinance/

…that cash from your taxes. Here’s a closer look at the tax implications of a cash-out refinancing loan. Is a Cash-Out Refinance Taxable? Because the IRS considers a cash-out refinance…


How Employers Can Ease the Stress of Student Loans for Parents of College Students

How Employers Can Ease the Stress of Student Loans for Parents of College Students

https://www.sofi.com/learn/content/employers-can-ease-stress-student-loans-parents-college-students/

…10% penalty for nonqualified withdrawals or generating any taxable income. This might come as a relief to any employees with younger children who worry about having excess funds stuck in…


The Importance of Offering 529 Plan Contributions in an Employee Benefits Package

The Importance of Offering 529 Plan Contributions in an Employee Benefits Package

https://www.sofi.com/learn/content/importance-of-529-plans/

…529 funds — to a lifetime limit of $35,000 — into the beneficiary’s Roth IRA, without incurring the usual 10% penalty for nonqualified withdrawals or generating any taxable income. This…


My IDR Student Loan Is at $0: Now What?

My IDR Student Loan Is at $0: Now What?

https://www.sofi.com/learn/content/idr-loan-at-0/

…loan forgiveness you get from an IDR plan, the forgiveness you get from PSLF is not taxable. Keep in mind, though, that your payments may not stay at $0 forever….


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