What Is a Required Minimum Distribution (RMD) for IRAs? | SoFi
According to IRS rules, you must begin to take required minimum distributions (RMDs) from your IRA when you reach a certain age. Learn how RMDs work.| SoFi
According to IRS rules, you must begin to take required minimum distributions (RMDs) from your IRA when you reach a certain age. Learn how RMDs work.| SoFi
Wondering how investment income is taxed? Use this guide to learn about the tax rules for different types of investments.| SoFi
One common question is—what’s the best option: an IRA or a 401(k)? The answer is: over time, you’ll probably use both. Keep reading to learn more!| SoFi
Searching for an investment strategy that could help you reach your retirement goals? Learn about different options for saving for your future.| SoFi
Ever wonder what happens to your 401(k) when you leave a job? Learn more about what you need to do with your 401(k) when you change jobs.| SoFi
What is a stock—and why do people buy them? In this post, we break down the details on stocks, including risks and rewards of stock investment.| SoFi
A mutual fund is a basket of securities such as stocks or bonds. Mutual funds come in many styles and can be actively or passively managed. Learn more.| SoFi
Cashing in your 401(k) to pay down debt isn’t your best option. Here are options to consider instead.| SoFi
Using a 401(k) to buy your first home may not be the best option. Learn more about whether you should use a 401(k) to buy a house.| SoFi
The rules on taxes for a traditional 401(k) and Roth 401(k) depend on which plan an employee participates in.| SoFi
What is the meaning of 401(k) vesting? How does 401(k) vesting work? Learn about the vesting period for a 401(k) plan and how to know if you are fully vested.| SoFi
Portfolio rebalancing can seem complicated, but adjusting the asset allocation of your investments is key to any diversification strategy.| SoFi
Understand the different types Understand the different types of investments and investment options out there to help you meet your financial goals.of investments and investment options out there to help you meet your financial goals.| SoFi
Calculating how much you need to retire is based on personal factors like how much you’ve saved, your Social Security, and your lifestyle. Learn more.| SoFi
A pension plan is offered by employers and it provides guaranteed income in retirement. Pension plans are also known as defined-benefit plans. Learn more.| SoFi
A SIMPLE IRA is a tax-advantaged retirement plan for the self-employed and small business owners. Learn about the SIMPLE IRA contribution limits and rules.| SoFi
Saving for retirement doesn’t have to be hard. Here, you’ll find a couple of ways to help you set up a retirement plan for your individual needs.| SoFi
The rule of 55 allows you to withdraw money from an employer-sponsored retirement plan at age 55 without paying a penalty. Here’s what you need to know.| SoFi
Here’s what to know about the 401(k) early withdrawal penalty, along with some alternative ideas to tapping into your 401(k) account.| SoFi
A solo 401(k) is a tax-advantaged account that allows the self-employed to save for retirement. Learn how a solo 401(k) works to decide if it’s right for you.| SoFi
Choosing between a traditional IRA and a Roth 401(k) may not even be a choice you have to make—you can benefit from both.| SoFi
Does looking at the different types of retirement plans make your head spin? Here’s a comparison of the retirement savings accounts.| SoFi
Unsure of the difference between long-term and short-term investments? We examine the characteristics of each and when to use them.| SoFi
Paycheck deductions can include taxes, Social Security contributions, and retirement contributions. Learn more about where your money goes.| SoFi
Wondering about the IRA tax deduction rules? Here’s how IRA tax deductions work — and how and when the different types of IRAs are taxed.| SoFi
A 403(b) retirement plan is designed to help those employed by tax-exempt organizations and public schools save for retirement. Learn how 403(b) plans work.| SoFi
A SIMPLE IRA is a retirement savings plan for small business owners and self-employed individuals. Learn how it works and if it might be right for you.| SoFi
Learn about the restrictions on when you can take money out of your 401(k), including potential penalties for withdrawing money early.| SoFi
Saving for retirement is important. Here's how to invest in your 401(k) according to a financial expert so that you can be aware of your contribution options.| SoFi
A 401(k) catch-up contribution allows savers age 50 and up to put more money in their plan each year. Learn what a 401(k) catch-up is and how it works.| SoFi
Thinking about investing but worried about what it means for your taxes? Here's what you need to know about today's capital gains tax rate.| SoFi
SoFi's retirement planning guide can help you start saving for retirement now. Investing for retirement earlier means you’ll be better prepared, whenever you choose to retire.| SoFi
RMD or required minimum distribution are minimum amounts one must withdraw from their retirement plan account. Learn more about 401(k) RMD rules from SoFi.| SoFi
SoFi has put together an investing center to help you navigate the different parts of investing. From stocks to etfs, get the knowledge you need on investing. Start learning now!| SoFi
