At Carry, our upfront fee is transparent and covers full access to our plans and services, with no AUM fees lurking around. Curious about what each tier offers? Check out our detailed pricing list here: carrymoney.com/pricing
Carry Solo 401k
A retirement account unlike the rest
The Carry Solo 401k gives business owners the largest tax advantages of any retirement plan. Contribute up to $69,000 and invest in any asset class with tax-free compounding.
A supercharged retirement plan for business owners
Highest contribution limits
Contribute up to $69,000 into a Carry Solo 401k for 2024— that’s 10x more than an IRA, and 3x more than a normal 401k.
Tax-free compounding
Pay zero taxes on any income or profits generated from your investments— 100% of your earnings so straight back into your account, tax-free.
Total investment freedom
Invest in any asset class, including stocks and ETFs, or alternative assets like crypto, NFTs, real estate, or private equity.
Support for Roth contributions
Make pre-tax or Roth contributions, or mix-and-match your contributions to optimize your tax benefits. Includes support for Mega Backdoor Roth.
Supersize your retirement savings with a Mega backdoor Roth
Supersize your retirement savings by implementing a Carry Mega backdoor Roth Solo 401k. Invest up to $69,000 into a Roth account for 2024 and enjoy tax-free withdrawals in retirement.
Discover why our customers trust Carry
"I am in *heaven* with Carry. Payroll deduction to my Solo 401k and then automatically invested. You solved the use case that matters most. If i wasn’t running my own startup, I’d want to work with you all."
Cheryl Kellond, Carry Customer
"Major shoutout to my tax strategist from [Carry]. She crafted for me a 32-page tax and financial plan that outlined insurance, retirement, and how to achieve my LT goals."
Austin Hankwitz, Carry Customer
"Thanks so much. I reviewed my financial plan and it provided a lot of guidance and things to think about in terms of my long-term goals."
Sherrell Dorsey, Carry Customer
"It was one of the first platforms I’ve seen that specifically targets and helps solopreneurs, s-corp owners, self-employed, and gives them an all-in-one platform to easily manage retirement and tax saving strategies and accounts. I once tried to open a Solo 401k with [Other Provider], and it was a daunting task. Carry was a few clicks."
Nick Chester, Carry Customer
"I love Carry so much. It was so easy to set up my Solo 401k (which if you’ve ever tried to do that, it’s not always super simple) and inside I was able to invest in a ton of different ETF options"
Erin Confortini, Carry Customer
Questions before joining?
Why does Carry have an upfront fee?
Can I move my existing Solo 401k or IRA to Carry?
Absolutely!
For Solo 401k: Just set up your Carry account and select the option to restate your plan.
For IRAs: Simply create a new IRA after setting up your Carry account and transfer your assets
Have questions about the process? We're here to help, just reach out!
Can I sign up for a Solo 401k as a Sole Proprietor or do I need an LLC?
Yes! If you're a Sole Proprietor, you can easily set up a Solo 401k with us.
No LLC? No problem! All you need is an EIN, which you can obtain from the IRS website. The application usually takes a few minutes and issue your EIN instantly.
Who can set up a Solo 401k?
You would most likely qualify if:
- You're earning self-employed income as a business owner, freelancer, creator, or side-hustler (any business entity type is eligible, including multi-partner LLCs)
- You have no full-time employees (outside of your spouse)
- You're a U.S. resident
Feel free to reach out to us if you have any questions!
Are there any other fees with Carry?
Transparency is key, so here's the breakdown: While Carry does not charge AUM fees, there are other standard fees (which are comparable with other providers in the industry). This includes:
- Any underlying investment fees (for ex. If you buy an ETF, the underlying fund expense ratio; this goes to the fund and not Carry)
- Certain transaction fees charged by our custodian, like initiating an outgoing ACH ($0.25) or requesting a physical check
Can I/how do I invest in alternative assets with Carry?
With Carry, you can set up a Self-Directed IRA to explore alternative asset investments. Learn more about SDIRAs and how to get started here: carrymoney.com/sdira.
- Any underlying investment fees (for ex. If you buy an ETF, the underlying fund expense ratio; this goes to the fund and not Carry)
- Certain transaction fees charged by our custodian, like initiating an outgoing ACH ($0.25) or requesting a physical check