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How to Open an IRA in 5 Steps

How to Open an IRA in 5 Steps

https://www.sofi.com/learn/content/how-to-open-an-ira/

…out whether you’re on track for retirement. A quick rule of thumb: By the time you’re 30, it’s typically good to have the equivalent of one year’s salary saved. Rolling…


Common Questions About Investing — Answered

Common Questions About Investing — Answered

https://www.sofi.com/learn/content/investing-questions-answered/

…determine if your employer offers a 401(k) match. Even if you’re only able to invest 1% of your salary, your employer may match with an additional 1% — an immediate…


5 Key Pieces of Finance Advice for All Med School Grads Starting Residency

5 Financial Tips for Med School Grads Starting Residency

https://www.sofi.com/learn/content/medical-school-finances/

…while working 12-hour shifts on your way to becoming a doctor. Being placed in a city with a high cost of living only increases the challenge. The average resident salary


Backdoor Roth IRAs

Backdoor Roth IRAs

https://www.sofi.com/learn/content/backdoor-roth-ira-right/

…makes non-deductible contributions. They then convert the account into a Roth IRA. The strategy is generally most helpful to those who earn a higher salary and are otherwise ineligible to…


Why Are Student Loan Interest Rates So High?

Why Are Student Loan Interest Rates So High?

https://www.sofi.com/learn/content/student-loan-interest-rates-high/

…Being able to show a consistent salary to a private lender may help make you a less risky investment, which in turn could also help you secure a more competitive…


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