44 Search Results
44 Search Results
https://www.sofi.com/learn/content/roth-ira-vs-403b/
What’s the Difference Between a 403(b) and a Roth IRA? A 403(b) and a Roth IRA account are both tax-advantaged retirement plans, but they are quite different — especially regarding the amount you can contribute annually, and the tax implications for each. Generally speaking, a 403(b) allows you to save more, and your taxable income […]
https://www.sofi.com/learn/content/side-hustles-for-college-students/
If you need extra cash to cover college expenses but you don’t have time for a regular part-time job, you might want to pursue a side hustle. Unlike a traditional college job, a side hustle gives you a fair amount of control over what you do, when you do it, and how much time you […]
https://www.sofi.com/learn/content/where-to-put-retirement-money/
There is no shortage of options when deciding where to put your retirement money. Strategies and tools are available to all investors, no matter where you may be in your retirement planning journey. These options range from DIY to completely hands-off. Investors can break down their choices into three main decisions: the account, the investments, […]
https://www.sofi.com/learn/content/self-directed-sep-ira/
A self-directed Simplified Employee Pension (SEP) IRA is a tax-advantaged retirement savings plan that’s designed for small business owners and self-employed individuals. When a SEP IRA is self-directed, it means that the account owner chooses their own investment options. A self-directed SEP IRA can be used to invest in a broad range of investments. At […]
https://www.sofi.com/learn/content/how-to-beat-inflation/
A small, steady amount of inflation is considered good for the economy. But when prices rise faster than wages, the value of your money goes down. This can have a negative impact on quality of life, especially for those with middle and lower incomes. It can also complicate saving for emergencies and investing for retirement. […]
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