What Is a Guaranteed Minimum Income Benefit (GMIB)? | SoFi
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
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
Understanding the costs associated with your investments can help you make a plan to maximize your returns. Read on to learn more.| SoFi
With its ups and downs, investing is a lot like riding a roller coaster, and knowing your own risk tolerance is an important part of investing. Take our quiz!| SoFi
Searching for an investment strategy that could help you reach your retirement goals? Learn about different options for saving for your future.| SoFi
There’s no limit to how many IRAs you can have. Multiple accounts may help lower your taxes now and in retirement. Learn more about the rules and restrictions.| 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
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
Is your employer offering restricted stock units? Here’s what you need to know about RSUs and whether to think about holding or selling them.| SoFi
Before you decide if you should exercise options in your company, make sure you know: How do options work?| SoFi
If you’re self-employed, contributing to a solo 401(k) or SEP IRA could help you save for retirement. Which plan should you choose? Read on to learn more.| 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
Trading ETFs is, in many ways, similar to trading stocks or other securities, and can be done on most stock-trading platforms or brokerages. Read on.| SoFi
A dividend is when a company periodically gives its shareholders a payment in cash, additional shares of stock, or property. Read on.| SoFi
Capital appreciation on investments is among the most common investment strategies for growing wealth. Learn how to grow your money with this strategy.| SoFi
When the market is down, don’t panic. It can be a good idea to stay in the market through its ups and downs.| SoFi
When it comes time to sell shares, how do you cash out stocks? Learn how to decide when to sell stocks, which stocks to sell, and how to convert stocks back to cash.| 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
Exchange traded funds can be a valuable tool for investing. What are the advantages of ETFs? Learn more here.| SoFi
The wash-sale rule is an IRS regulation that disallows investment-derived losses from being used in certain tax situations. Learn more.| SoFi
Is inflation good or bad? It’s a complex question. Inflation drives up the cost of living, but it can also spur productivity and create jobs. Learn more.| 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
Converting a traditional to a Roth IRA may be a good idea for some people’s retirement futures. Here are all the things to know about Roth IRA conversion rules.| SoFi
What is a taxable brokerage account vs an IRA? Find out the pros and cons each and whether a taxable brokerage account is a smart option for you.| SoFi
When do you pay taxes on stocks that you buy? In this article we’ll cover what you need to know about stocks and taxes, so you can start investing.| SoFi
One of the biggest fears people have about investing is losing their hard-earned money. Why take the risk when you could keep your cash safely stored in your checking account?| 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
Wondering whether a Roth IRA is right for you? If you’re considering an IRA to save for retirement, here’s what you need to know about Roth IRA eligibility.| 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
“Roth” is a certain type of IRA, and the 5-year rule is one of the rules that governs what an investor can and can’t do with funds in a Roth IRA. Find out more.| SoFi
Withdrawing money from an IRA before age 59 ½, and failing to withdraw it after 73, can result in penalties. But there are exceptions. Read on to learn more.| SoFi
Struggling to decide between a Roth IRA or Traditional IRA? Learn the key differences & take our quiz to find the right retirement account for your goals.| SoFi
Learn about the restrictions on when you can take money out of your 401(k), including potential penalties for withdrawing money early.| SoFi
Wondering how you can max out your 401k and if you should? Use these tips to make the most of your retirement accounts.| SoFi
401(k) matching involves an employee making a contribution to the account, and their employer mirroring that contribution. Learn more.| 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
Whether you're a pro or a novice, all investors need to know why investment diversification is the best way to grow their money.| SoFi
What is a brokerage account? Investors set them up to trade stocks and bonds. Here’s what you need to know about how they work. ✓ Learn more with SoFi.| SoFi
REITs give investors exposure to the real estate market without the burden of owning property. REITs offer tax benefits, but come with risks. Learn more.| SoFi
Mutual funds are investment vehicles that are similar to ETFs and may contain different types of securities, and are managed. Learn more.| SoFi
With SoFi, you can get closer to accomplishing your goals—whether it's refinancing your student loans, paying off your credit cards, or growing your wealth.| SoFi
The earlier you start investing, the better. This guide takes you through the different kinds of retirement accounts, and how to get started saving.| SoFi
