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Pursuing a career in nursing can be both personally fulfilling and financially rewarding, but it also comes with significant upfront education costs. The price of nursing school varies widely depending on the degree level, institution type, and length of study. Understanding these costs ahead of time can help you plan realistically, compare programs, and avoid unnecessary debt.

Below we break down the average cost of nursing school by credential, explore additional fees students often overlook, and outline common ways nursing students pay for their education.

Typical Nursing School Costs and Salaries

Nursing education costs generally increase with each academic level, but so does earning potential. While you can access entry-level nursing roles with an associate degree, advanced degrees open the door to leadership, specialization, and higher salaries.

💡 Quick Tip: You can fund your education with a competitive-rate, no-fees-required private student loan that covers up to 100% of school-certified costs.

Associate Degree in Nursing (ADN)

An Associate Degree in Nursing (ADN) is one of the fastest and most affordable ways to become a registered nurse (RN). ADNs are offered by community colleges, private technical colleges, and some four‑year institutions, and typically take around two years to complete.

While ADN graduates often qualify for similar entry-level health care jobs as those with a Bachelor of Science in Nursing (BSN), the salary is generally lower and there may be less opportunity for advancement. Also, some hospitals require nurses to have a BSN.

Average cost of an ADN at a public school:

•   Annual tuition and fees: $3,000 – $12,000

•   Annual room and board: $7,000 – $9,000

•   Total cost for an ADN: $20,000 – $42,000

Average cost of an ADN at a private school:

•   Annual tuition and fees: $15,000 – $30,000

•   Annual room and board: $10,000 – $13,000+

•   Total cost for an ADN: $50,000 – $86,000+

Average ADN salary: $81,000

Bachelor of Science in Nursing (BSN)

A Bachelor of Science in Nursing is a four-year undergraduate degree that prepares students for Registered Nurse (RN) licensure and offers broader training in leadership, research, and public health. BSN programs are offered at public and private colleges nationwide.

BSN-prepared nurses often have access to more job opportunities, higher starting salaries, and greater long-term earning potential compared to nurses with ADNs.

Average cost of a BSN at a public school:

•   Annual tuition and fees: $15,000 – $30,000

•   Annual room and board: $12,000 – $14,000

•   Total cost for a BSN: $108,000 – $176,000

Average cost of a BSN at a private school:

•   Annual tuition and fees: $30,000 – $60,000+

•   Annual room and board: $13,000 – $16,000

•   Total cost for a BSN: $172,000 – $304,000+

Average BSN salary: $99,000

Master of Science in Nursing (MSN)

A Master of Science in Nursing (MSN) is a graduate-level degree that prepares registered nurses for advanced clinical practice, leadership, education, or administrative roles. For many nurses, an MSN is a gateway to advanced practice specialities, such as nurse practitioner, nurse midwife, clinical nurse specialist, or nurse anesthetist.

Depending on the school and entry point, students can pursue an MSN after a BSN or via an RN-to-MSN bridge program designed for nurses with an associate degree.

MSN programs typically take two years of full-time study to complete. Part-time options are also available for working nurses.

Average cost of an MSN at a public school:

•   Annual tuition and fees: $10,000 – $30,000

•   Total cost for an MSN degree: $20,000 – $60,000

Average cost of an MSN at a private school:

•   Annual tuition and fees: $20,000 – $50,000+

•   Total cost for an MSN degree: $40,000 – $100,000+

Average MSN salary: $109,000

Doctor of Nursing Practice (DNP)

A Doctor of Nursing Practice (DNP) is an advanced degree for nurses who want to reach the highest level of clinical practice. Unlike research-focused doctoral degrees (such as a Ph.D. in Nursing), the DNP prepares nurses for leadership roles by focusing on applying research to improve patient care, quality, and health care systems,

DNP programs typically require two to three years of full-time study beyond a BSN, though some schools offer BSN-to-DNP pathways that can vary in length. Part-time options are also available for working nurses.

Average cost of a DNP at a public school:

•   Annual tuition and fees: $20,000 – $45,000+

•   Total cost for a DNP (three years): $60,000 – $135,000+

Average cost of a DNP at a private school:

•   Annual tuition and fees: $30,000 – $80,000+

•   Total cost for a DNP (three years): $90,000 – $240,000+

Average DNP salary: $117,000

Other Fees While Studying to Be a Nurse

Tuition is only one part of the total cost of nursing school. Students also need to budget for a variety of additional expenses that can add up quickly over the course of a program.

Uniforms, Lab Fees, and Equipment

Nursing students are typically required to purchase textbooks, uniforms (scrubs), a stethoscope, and other supplies, which can add to the total cost of your education. Nursing schools also typically charge lab or clinical fees to fund the specialized equipment and simulation centers necessary for hands-on training.

Here’s a look at how these costs break down:

•   Lab fees: $100 – $500 per course

•   Books and supplies: Around $625 per term

•   Uniform: A set of scrubs can cost anywhere from $30 to over $100, depending on brand, fabric, and features.

Licensing Exam and Review Course Costs

After completing a nursing program, graduates must take and pass the NCLEX-RN licensing exam, which runs a couple of hundred dollars. Many graduates also invest in NCLEX review courses to increase their chances of passing on the first attempt. In addition, graduates typically need to pay for state licensure applications, background checks, and fingerprinting.

Here’s what you can expect to pay before you can start practicing:

•   NCLEX-RN registration fee: $200

•   NCLEX prep: Prep books run $30 – $100; online review courses are $100 – $500; live prep classes range from $300 to $1,000

•   State licensing fees: $50 – $350+ depending on the state

•   Live scan fingerprinting: $50 – $80

•   FBI Criminal Background Check: $20 – $50

How to Pay for Nursing School

Paying for nursing school can feel overwhelming, but there are many options to help manage costs, including federal and private student loans, scholarships, grants, and graduate student loans.

Federal Student Loans

Federal student loans are a common funding option for nursing students. Undergraduate students may qualify for:

•   Direct Subsidized Loans: Offered to students with financial need, the government pays interest while you’re in school and for six months after graduation.

•   Direct Unsubsidized Loans: These are not based on financial need and are available to most undergraduate students.

Graduate nursing students are eligible for only Direct Unsubsidized Loans.

You can apply for federal aid — including federal student loans, scholarships, grants, and work-study — by completing the Free Application for Federal Student Aid (FAFSA®) every year.

When it comes to paying federal loans back, many nurses choose to work for qualifying nonprofit or government organizations to take advantage of the federal Public Service Loan Forgiveness program, typically pairing it with an income-based repayment plan.

💡 Quick Tip: Even if you don’t think you qualify for financial aid, you should fill out the FAFSA form. Many schools require it for merit-based scholarships, too.

Scholarships and Grants

Scholarships and grants for nurses provide valuable financial assistance to help cover the cost of education without the need for repayment. Many programs are available for nursing students at all levels, including undergraduate and advanced degrees.

Scholarships are often merit-based, while grants are typically need-based. Organizations such as the American Association of Colleges of Nursing and local health care providers offer funding opportunities. These resources reduce financial burdens, making a nursing career more accessible and affordable.

Recommended: College Scholarship Finder

Private Student Loans

Private student loans can help cover remaining costs when federal aid and scholarships are not enough. These loans are offered by banks, credit unions, and online lenders.

Private loans allow borrowers to cover up to the total cost of attendance (minus other aid), offering higher borrowing limits than federal loans, which have annual and aggregate caps. However, rates are set by individual lenders and depend on the credit profile of the borrower (or their parent cosigner). A higher score increases the likelihood of receiving the lowest available rate. Private student loans also lack federal borrower protections, such as income-driven repayment and forgiveness programs.

Recommended: Student Loan Payment Calculator

Work-Study Programs and Employer Tuition Assistance

Some nursing students qualify for the Federal Work-Study program, which provides part-time employment to help cover education expenses. These jobs are often located on campus or within health care settings.

In addition, many hospitals and health care systems offer tuition assistance or reimbursement programs for employees pursuing nursing degrees. These benefits may require a work commitment after graduation but can significantly reduce out-of-pocket costs.

Financial Aid Options Specific to Nursing Students

Beyond traditional financial aid, nursing students may qualify for specialized programs designed to address health care workforce shortages.

Nurse Corps Loan Repayment Program

The Nurse Corps Loan Repayment Program is a U.S. federal program that helps registered nurses and advanced practice nurses repay a significant portion of their student loans in exchange for a work commitment. Participants are required to work for at least two years at an eligible health care facility with a critical shortage of nurses or at an eligible nursing school as nurse faculty.

State-Based Forgiveness Programs

Many states offer loan repayment or forgiveness programs for nurses who work in designated shortage areas or high-need specialties. Program requirements and benefits vary by state, but they often provide substantial financial relief.

It’s worth researching options in your state or the state where you plan to practice to determine eligibility and application timelines.

The Takeaway

The cost of nursing school varies based on the degree level you pursue and the institution you choose. While an ADN offers a lower-cost entry into nursing, advanced degrees like MSN or DNP require a greater financial investment but can lead to higher salaries and expanded career opportunities.

By understanding tuition costs, planning for additional fees, and exploring all available aid options, you can make an informed decision that balances education costs with future earning potential. With careful planning, nursing school can be a worthwhile investment in a stable and in-demand career.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

FAQ

How much is nursing school for four years?

The cost of a four-year Bachelor of Science in Nursing (BSN) degree varies significantly by institution. If you attend a public school as an in-state student, the total cost typically ranges from $108,000 to $176,000, including annual tuition, fees, and room and board. If you attend a private institution, the total cost is generally higher, ranging from $172,000 to $304,000.

Is nursing school worth it financially?

Yes, nursing school is generally considered a worthwhile financial investment. Registered nurses can earn a solid median salary, often with strong job security and benefits. While tuition and time costs can be significant, especially for BSN, MSN, or DNP degrees, many nurses recoup their investment within a few years of working. Opportunities for overtime, specialization and advanced practice roles can further increase earning potential over time, making nursing a financially sustainable and flexible career choice.

What is the average debt after nursing school?

The median student loan debt for graduates with a Bachelor of Science in Nursing (BSN) is $23,506.

What financial aid is available specifically for nursing students?

Nursing students can access federal student loans (Direct Subsidized and Unsubsidized), private student loans, and various scholarships and grants specifically for nursing. Specialized options include the federal Nurse Corps Loan Repayment Program, which offers loan forgiveness for nurses who commit to working in critical shortage facilities, and various state-based forgiveness programs that incentivize practice in high-need areas.

How do nursing salaries compare to the cost of education?

Nursing salaries generally compare favorably to the cost of education, especially over the long term. While tuition for nursing programs can be significant, particularly for bachelor’s or advanced degrees, nurses often earn stable, competitive salaries with strong job security. Many graduates recoup their education costs within a few years of working. Financial aid, scholarships, and employer tuition reimbursement can further reduce upfront expenses, improve the overall return on investment for a nursing education.

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SIMPLE IRA is a tax-advantaged retirement account that can help self-employed individuals and small business owners save and invest for the future.

You may already be familiar with traditional individual retirement accounts (IRAs). A SIMPLE IRA, or Saving Incentive Match Plan for Employees, is similar to a traditional IRA in that it’s also a tax-deferred account. But the contribution limits for SIMPLE IRAs are higher, and the tax treatment of these plans is slightly different.

Also, SIMPLE IRAs require employers to provide a matching contribution.

What Is a SIMPLE IRA?

SIMPLE IRA plans are employer-sponsored retirement accounts for businesses with 100 or fewer employees. They are also retirement accounts for the self-employed and sole proprietors. If you’re your own boss, and thus self-employed, you can set up a SIMPLE IRA for yourself.

For small business owners and the self-employed, SIMPLE IRAs are an easy-to-manage, low-cost way to contribute to their own retirement — while at the same time helping employees to contribute to their savings as well, both through tax-deferred, elective contributions, and a required employer match.

SIMPLE IRAs offer higher contribution limits than traditional IRAs (see below), but employers and employees still benefit from tax advantages like tax-deferred growth and contributions that are either deductible (for the employer) or reduce taxable income (for the employee).

How Does a SIMPLE IRA Work?

A SIMPLE IRA is one of many different types of retirement plans available, but it can be appealing for small business owners and those who are self-employed owing to the lower administrative burden.

That’s because, unlike a 401(k) plan (which requires a plan sponsor and a plan administrator, as well as a custodian for employee assets), a SIMPLE IRA basically enables the employer to set up IRA accounts at a financial institution for eligible employees — or allow employees to do so at the financial institution of their choice.

Once the plan is set up and contributions are made, the employee is fully vested (i.e., they have ownership of all SIMPLE IRA funds, per IRS rules), which is helpful when saving for retirement.

Employee Eligibility

In order for an employee to participate in a SIMPLE IRA, they must have earned at least $5,000 in compensation over the course of any two years prior to the current calendar year, and they must expect to make $5,000 in the current calendar year.

It’s possible for employers to set less restrictive rules for SIMPLE IRA eligibility. For example, they could lower the amount employees are required to have made in a previous two-year time. However, they cannot make participation rules more restrictive.

Employers can exclude certain types of employees from the plan, including union members who have already bargained for retirement benefits and nonresident aliens who don’t receive their compensation from the employer.

Employee Contribution Limits

Those who have a SIMPLE IRA can contribute up to $16,500 in 2025 (plus an extra $3,500 in catch-up contributions for those 50 and older). In 2026, they can contribute up to $17,000 (plus an extra $4,000 in catch-up contributions for those 50 and older). In both 2025 and 2026, those aged 60 to 63 can contribute $5,250 (instead of $3,500 and $4,000 respectively), thanks to SECURE 2.0.

Contributions reduce employees’ taxable income, which lowers their income taxes in the year they contribute. Contributions can be invested inside the account, and may grow tax-deferred until an employee makes withdrawals when they retire.

IRA withdrawal rules are particularly important to pay attention to as they can be a bit complicated. Withdrawals made after age 59 ½ are subject to income tax. If you make withdrawals before then, you may be subject to an additional 10%, with some exceptions, or 25% penalty (if you’ve had the account for less than two years).

Account holders must make required minimum distributions, or RMDs, from their accounts when they reach age 73 (as long as they turn 72 after December 31, 2022).

Matching Contributions

An employer is required to provide a matching contribution to employees in one of two ways. They can match up to 3% of employees’ compensation. Or they can make a non-elective contribution of 2% of employees’ compensation.

If an employee doesn’t participate in the SIMPLE IRA plan, they would still receive an employer contribution of 2% of their compensation, up to the annual compensation limit, which is $350,000 for 2025, and $360,000 for 2026.

This two-tiered structure allows employers to choose whatever matching structure suits them.

SIMPLE IRA vs Traditional IRA

When it comes to a SIMPLE IRA vs. a traditional IRA, the two plans are similar, but there are some key differences between the two. A SIMPLE IRA is for small business owners and their employees. A traditional IRA is for anyone with earned income.

To be eligible for a SIMPLE IRA, an employee generally must have earned at least $5,000 in compensation over the course of two years prior — and expect to make $5,000 in the current calendar year. With a traditional IRA, an individual must have earned income in the past year.

Contribution Limits

One of the biggest differences between the two plans is the contribution limit amount.

While individuals can contribute $7,000 in 2025 to a traditional IRA (or $8,000 if they are 50 or older), and $7,500 in 2026 (or $8,600 if they are 50 or older), those who have a SIMPLE IRA can contribute $16,500 in 2025, plus an extra $3,500 in catch-up contributions for those 50 and older, for a total of $20,000, and they can contribute $17,000 in 2026 plus an extra $4,000 in catch-up contributions, for a total of $21,000. Those aged 60 to 63 can contribute a catch-up of $5,250 for both 2025 and 2026 (instead of $3,500 and $4,000), for a total of $21,750 in 2025, and $22,250 in 2026.

Tax Treatment

And while both types of IRAs are considered tax deferred, SIMPLE IRAs use two different tax treatments.
For example: a traditional IRA generally allows individuals to make tax-deductible contributions. With a SIMPLE IRA, the employer or sole proprietor can make tax-deductible contributions to a SIMPLE IRA — while employees benefit from having their elective contributions withheld from their taxable income.

Both methods can help lower taxable income, potentially providing a tax benefit. But withdrawals are taxed as income, as they are with a traditional IRA.

Dive deeper: SIMPLE IRA vs Traditional IRA

SIMPLE IRA vs 401(k)

SIMPLE IRAs have some similarity to employer-sponsored 401(k) plans. Contributions made to both are made with pre-tax dollars, and the money in the accounts grows tax-deferred.

But while a 401(k) gives an employer the option of providing matching contributions to employees’ plans, a SIMPLE IRA requires matching contributions by the employer, as noted above.

Another major difference between the two plans is that individuals can contribute much more to a 401(k) than they can to a SIMPLE IRA.

•   In 2025, they can contribute $23,500 to their 401(k) and an additional $7,500 if they’re 50 or older. Those aged 60 to 63 can contribute $11,250 instead of $7,500 to their 401(k), thanks to SECURE 2.0. In 2026, they can contribute $24,500 and an additional $8,000 if they are 50 or older. Those aged 60 to 63 can again contribute $11,250 instead of $8,000.

Under a new law that went into effect on January 1, 2026 (as part of SECURE 2.0), individuals aged 50 and older who earned more than $150,000 in FICA wages in 2025 are required to put their 401(k) catch-up contributions into a Roth 401(k) account. With Roth accounts, individuals pay taxes on contributions upfront, but can make qualified withdrawals tax-free in retirement.

•   In comparison, individuals can contribute $16,500 to a SIMPLE IRA in 2025, plus an additional $3,500 if they are 50 or older, and in 2026, they can contribute $17,000, plus an additional $4,000 if they are 50 or older. Those aged 60 to 63 can contribute $5,250 (instead of $3,500 and $4,000) in 2025 and 2026, thanks to SECURE 2.0.

How to Run a SIMPLE IRA Plan

SIMPLE IRAs are relatively easy to put in place, since they have no filing requirements for employers. Employers cannot offer another retirement plan in addition to offering a SIMPLE IRA.

If you’re interested in setting up a SIMPLE IRA, banks and brokerages may have a plan, known as a prototype plan, that’s already been approved by the IRS.

Otherwise you’ll need to fill out one of two forms to set up your plan:

•   Form 5304-SIMPLE allows employees to choose the financial institutions that will receive their SIMPLE IRA contributions.

•   You can also fill out Form 5305-SIMPLE, which means employees will deposit SIMPLE IRA contributions at a single financial institution chosen by the employer.

Once you have established the SIMPLE IRA, an account must be set up by or for each employee, and employers and employees can start to make contributions.

Notice Requirements for Employees

There are minimal paperwork requirements for a SIMPLE IRA. Once the employer opens and establishes the plan through a financial institution, they need to notify employees about it. This should be done by October 1 of the year the plan is intended to begin. Employees have 60 days to make their elections.

Eligible employees need to be notified about the plan annually. Any changes or new terms to the plan must be disclosed. At the beginning of each annual election period, employers must notify their employees of the following:

•   Opportunities to make or change salary reductions.

•   The ability to choose a financial institution to receive SIMPLE IRA contribution, if applicable.

•   Employer’s decisions to make nonelective or matching contributions.

•   A summary description provided by the financial institution that acts as trustee of SIMPLE IRA fund, and notice that employees can transfer their balance without cost of penalty if the employer is using a designated financial institution.

Participant Loans and Withdrawals

Participants cannot take loans from a SIMPLE IRA. Withdrawals made before age 59 ½ are typically subject to a 10% penalty, or 25% if the account is less than two years old, in addition to any income tax due on the withdrawal amount.

Rollovers and Transfers to Other Retirement Accounts

For the first two years of participating in a SIMPLE IRA, participants can only do a tax-free rollover to another SIMPLE IRA. After two years, they may be able to roll over their SIMPLE IRA to a traditional IRA or an employer-sponsored plan such as 401(k).

A rollover to a Roth IRA would require paying taxes on any untaxed contributions and earnings in the accounts.

The Advantages and Drawbacks of a SIMPLE IRA Plan

While SIMPLE IRAs may offer a lot of benefits, including immediate tax benefits, tax-deferred growth, and employer contributions, there are some drawbacks. For example, SIMPLE IRAs don’t allow employees to save as much as other retirement plans such as 401(k)s and Simplified Employee Pension (SEP) IRAs.

In 2025, employees can contribute up to $23,500 to a 401(k), plus an additional $7,500 for those 50 and over. Those aged 60 to 63 can contribute $11,250 instead of $7,500 to their 401(k), thanks to SECURE 2.0.

In 2026, they can contribute $24,500 to a 401(k), plus an additional $8,000 for those 50 or older. Those aged 60 to 63 can contribute $11,250 instead of $8,000 to their 401(k), thanks to SECURE 2.0.

Individuals with a SEP IRA account can contribute up to 25% of their employee compensation, or $70,000, whichever is less, in 2025, and up to 25% of their employee compensation, or $72,000, whichever is less, in 2026.

The good news is, employees with SIMPLE IRAs can make up some of that lost ground. Employers may be wondering about the merits of choosing between a SIMPLE and traditional IRA, but they can actually have both.

Employers and employees can open a traditional or Roth IRA and fund it simultaneously with a SIMPLE IRA. For 2025, total IRA contributions can be up to $7,000, or $8,000 for those 50 and over. In 2026, total IRA contributions can be up to $7,500, or $8,600 for those 50 or older.

Here some pros and cons of starting and funding a SIMPLE IRA at a glance:

Pros of a SIMPLE IRA	Cons of a SIMPLE IRA
Employers are required to provide a matching contribution for all eligible employees.	Lower contribution limits than other plans, such as 401(k)s and SEP IRAs.
Lower cost and less paperwork than other retirement accounts; there are no filing requirements with the IRS.	Withdrawals made before age 59 ½ are subject to a possible 10% or 25% penalty, depending on how long the account has been open.
Contributions are tax deductible for employers and pre-tax for employees (both lower taxable income).	Participants cannot take out a loan from a SIMPLE IRA.
A SIMPLE IRA may offer more investment options than a 401(k) or other employer plan.	There is no Roth option to allow employees to fund a SIMPLE account with after-tax dollars that would translate to tax-free withdrawals in retirement.

Eligibility and Participation in a SIMPLE IRA

As mentioned previously, there are some rules about who can participate in a SIMPLE IRA. Here’s a quick recap.

Who Can Establish and Participate in a SIMPLE IRA?

Small business owners with fewer than 100 employees and self-employed individuals can set up and participate in a SIMPLE IRA, along with any eligible employees.

Employers can’t offer any other type of employer-sponsored plan if they set up a SIMPLE IRA.

Employees’ Eligibility and Participation Criteria

In order for an employee to be eligible to participate, they must have earned at least $5,000 in compensation over the course of any two years prior to the current calendar year, and they must expect to make $5,000 in the current calendar year.

Employees can choose less restrictive requirements if they choose. They may also exclude certain individuals from a SIMPLE IRA, such as those in unions who receive benefits through the union.

Investment Choices and Account Maintenance

Because the employer doesn’t have to set up investment options for the SIMPLE IRA, employees have the advantage of setting up a portfolio from the investments available at the financial institution that holds the SIMPLE IRA.

Investment Choices for a SIMPLE IRA

Typically, there may be more investment choices with a SIMPLE IRA than there with a 401(k) because the SIMPLE IRA account may be held at a financial institution with a wide array of options.

Investment choices can include stocks, bonds, mutual funds, exchange-traded funds (ETFs), target-date funds, and more.

Understanding SIMPLE IRA Distributions

There are particular rules for SIMPLE IRA distributions, as there are with all types of retirement accounts.

Withdrawal Rules and Tax Consequences

As discussed previously, withdrawals made before age 59 ½ are subject to income tax plus a potential 10% or 25% penalty, depending on how long the account has been open.

Withdrawals made after age 59 ½ are subject to income tax only and no penalty. Account holders must make required minimum distributions from their accounts when they reach age 73 (as long as they turn 72 after Dec. 31, 2022).

The 2-Year Rule and Early Withdrawal Penalties

There is a two-year rule for withdrawals from a SIMPLE IRA. If you make a withdrawal within the first two years of participating in the plan, the penalty may be increased from 10% to 25%, with some exceptions (e.g., for a first-time home purchase, for higher education expenses, and more). In addition, all withdrawals are subject to ordinary income tax.

The Takeaway

SIMPLE IRAs are one of the easiest ways that self-employed individuals and small business owners can help themselves and their employees save for retirement, whether they’re experienced retirement investors or they’re opening their first IRA.

These accounts can even be used in conjunction with certain other retirement accounts and investment accounts to help individuals save even more.

Prepare for your retirement with an individual retirement account (IRA). It’s easy to get started when you open a traditional or Roth IRA with SoFi. Whether you prefer a hands-on self-directed IRA through SoFi Securities or an automated robo IRA with SoFi Wealth, you can build a portfolio to help support your long-term goals while gaining access to tax-advantaged savings strategies.

Help grow your nest egg with a SoFi IRA.

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For disclosures on SoFi Invest platforms visit SoFi.com/legal. For a full listing of the fees associated with Sofi Invest please view our fee schedule.

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Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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