💸 The most powerful tax form

Plus, where to find grocery relief
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SoFi On The Money
April 20, 2026
 
 
THE SOFI SO WHAT

Don’t Underestimate the Power of Your W-4 Form
By Helen Reis

If you’ve already absorbed your tax refund, the next one probably feels way too far off. But you may not have to wait another year to get an income boost. Your W-4 isn’t just something you fill out when you start a new job. It’s a powerful tool that can potentially put more money in your pocket before next tax season. Here’s the trick to updating it.
Keep reading
 
 
PICTURE THIS

Unpacking Your Grocery Bill: Some Relief in March
On the whole, grocery prices fell for the first month in almost a year, according to the March Consumer Price Index. While tomato prices spiked again — driven by tariffs and higher fuel and fertilizer costs — shoppers got some relief on a number of foods, including condiments, lettuce, and hot dogs. And beef wasn’t on the list, for a change.

Click here for more data and tips for keeping your grocery bills from getting out of hand.
 
 
SoFi Toolkit
Your SoFi Toolkit
The new SoFi Smart Card offers unlimited 5% cash back rewards on eligible grocery store purchases.1
 
 
THE IMPORTANT PART

Why Scaramucci Is Playing the Crypto Long Game
Wall Street financier Anthony Scaramucci, who also briefly served as President Trump’s communications director in 2017, tells SoFi’s Head of Investment Strategy Liz Thomas why he isn’t backing down on crypto.
Watch here
 
 
WEEK AHEAD ON WALL STREET

Keeping With Tradition
By Mario Ismailanji

Now that the big banks have officially cut the ribbon on first-quarter earnings season, Wall Street is preparing for a barrage of corporate scorecards.

  • The news: The earnings calendar broadens this week, with an array of companies across consumer goods, industrials, and transportation stepping up to the plate.
  • The context: The ongoing war in Iran has triggered a major oil shock, sending fuel and energy costs soaring.
  • Your move: Keep a close eye on corporate profit margins. Investors want to know if companies are successfully absorbing these higher energy costs or if they are being forced to pass them onto an already price-fatigued consumer.
Keep reading
 
 
BUSINESS BITES

Informed investment decisions start with informed investors. Here's what's making headlines:

☮️ As polls reflect a growing backlash to the downsides of artificial intelligence (e.g. job losses), AI giants including OpenAI and Anthropic are waging a charm offensive to address the public anxieties. (The Wall Street Journal)

👗 The boom in weight loss drugs could be a boon for fashion brands and retailers who sell the clothing people need to outfit their new slimmer bodies. Some of the biggest beneficiaries could be TJ Maxx (TJX), Target (TGT), Walmart (WMT), and Stitch Fix (SFIX). (CNBC)

🛒 A shopper compared 32 grocery items at Walmart (WMT) and Costco (COST) — and one store was nearly 26% cheaper overall. (Moneywise)
 
 
WHAT WE’RE READING

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Home builders desperate for buyers are skimping on materials and fixtures to keep their costs down. (The Wall Street Journal)
Read more
 
 
Intel, insights, and inspo for your money.
On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what’s important in this moment — and how it impacts your bottom line. We value your trust above all.
 
 
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1Earn 5% cash back rewards on eligible grocery store purchases with the SoFi Smart Card. Cash back rewards are issued in the form of SoFi Member Rewards points. Members earn 5 points for every dollar spent on eligible grocery store purchases. SoFi, in its sole discretion, determines grocery store eligibility. Superstores like Walmart and Target, warehouse clubs like Costco and Sam’s Club, convenience stores, grocery delivery services, and meal-kit delivery services are not considered grocery stores. All terms and conditions https://www.sofi.com/terms-of-use/#rewards applicable to the use of SoFi Member Rewards apply. To learn more about SoFi Member Rewards, please see the SoFi Member Rewards https://www.sofi.com/rewards page. No rewards points will be earned with respect to reversed transactions, returned purchases, cash advances, or other similar transactions.

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💸 The most powerful tax form 💸 The most powerful tax form Reviewed by PaidmeLLC on April 20, 2026 Rating: 5

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