621 Search Results
401(k) Catch-Up Contributions: What Are They & How Do They Work?
https://www.sofi.com/learn/content/401k-catch-up/
…catch-up contribution is defined as a contribution in excess of the annual elective salary deferral limit. For 2023 and 2024, the 401(k) catch-up contribution limit is $7,500. That means if…
Where to Cash a Check Without Paying a Fee
https://www.sofi.com/learn/content/where-to-cash-a-check-with-no-fees/
…is 1% for payroll and government checks with a pre-printed signature (with a minimum fee of $5) and 5% for all other accepted check types, including hand-signed payroll and government…
Your Guide to Restaurant Loans
https://www.sofi.com/learn/content/restaurant-loans-guide/
…the way. Here are a few of the primary reasons business owners seek out restaurant loans: • Starting a new restaurant: Includes lease, furniture, equipment, payroll, marketing, and any other expenses…
Do I Need a Personal Accountant?
https://www.sofi.com/learn/content/do-i-need-personal-accountant/
…SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”)…
Guide to Maxing Out Your 401(k)
https://www.sofi.com/learn/content/strategies-to-max-out-401k/
…employer will contribute 3% as well. Therefore, instead of only saving 3% of your salary, you’re now saving 6%. With the employer match, your contribution just doubled. Note that employer…