Paycheck deductions can include taxes, Social Security contributions, and retirement contributions. Learn more about where your money goes.| SoFi
Tax withholding is the money your employer takes out of your paycheck to cover what you'll likely owe in income taxes. Learn how much should get deducted.| 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
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
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
Credit reporting agencies compile credit reports on individuals and sell them to lenders. Learn how two of those agencies, TransUnion and Equifax, differ.| SoFi
Finding and reporting common credit report errors can positively impact your financial life. Here, the steps to review your file and address any issues.| SoFi
Explore a handful of ideas on how to cut back on spending along with some budget cutting ideas. Check out our tips to cut back on spending.| 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
Your credit history is detailed in your credit report. Learn how to read your credit report to spot fraud or errors that can lower your score.| SoFi
Most of your accounts probably report information to the credit bureaus every 30 to 45 days. A score may change very little if consistent payments are made.| SoFi