A guaranteed minimum income benefit (GMIB) is an optional rider that can be included in an annuity to provide to the holder. Read on.| SoFi
There are important differences between a rollover and a transfer when making a change to a retirement account.| 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
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
Let's dive into how you can prepare for a financially comfortable retirement and look at what the average retirement age in the United States really is.| SoFi
The rules on taxes for a traditional 401(k) and Roth 401(k) depend on which plan an employee participates in.| SoFi
SEP IRAs and SIMPLE IRAs are similar, but there are some key differences between them. Here’s what you need to know about these retirement savings accounts.| SoFi
What is tax-efficient investing? Tax-efficient investing strategies aim to reduce tax bills generated when an investment is profitable.| SoFi
Annuities are a type of investment account that provides guaranteed income for retirees. Learn about the different kinds of annuities and the pros and cons of these insurance contracts.| 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 457 retirement plan is similar to a 401(k), but it’s only for certain types of employees. It may offer advantages over a 401(k). Learn if a 457 plan is for you.| SoFi
More people are self-employed than ever before, but how are they preparing for retirement. Here are the self-employed retirement plans to consider.| 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
Housing, food, trips to the doctor's office. How much are average retirement expenses? By learning how much they'll spend, people can know how much to save.| 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
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
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