At Carry, our upfront fee is transparent and covers full access to our plans and services. Curious about what each tier offers? Check out our detailed pricing list here: carry.com/pricing
No surprises, just transparency
We’re strong believers in keeping things simple— that means no hidden fees, no confusing jargon, and full transparency around cost. Here’s a breakdown of our fees so you know exactly what to expect.
Custodian and regulatory fees
Our custodians may charge a small fee for different services like transaction processing, account transfers, and fulfilling regulatory requirements. Custodian fees may vary by investment type.
Common fees
Returned checks deposit
$20 per check
Check stop payments or reissues
$20 per check
1099 request for exempt accounts
$5 per request
ACH deposit returns
$20 per transaction
Wire deposit returns
$35 per transaction (this fee will reduce the wire amount returned to the client account)
Withdrawal and administrative request fees
ACH Transfer (outgoing)
$0.25 per transfer
E-check (USD)
$3 per e-check
Outgoing U.S. Wire Transfer
$25 per wire
Outgoing Non-U.S. Wire Transfer
$35 per wire
Transfer fees
Incoming ACAT (transferring your accounts to Carry)
No fee
Outgoing ACAT (transferring your accounts out of Carry)
$65 per account
DTC deliveries/receives (depository transfers for certain securities)
$35 per position
DWAC transfers (electronic transfer of paper shares)
$130 per position
DRS transfers (electronic direct registration of securities in investors name)
$55 per position
Regulatory fees
SEC fee (sell-side only)
$0.00 per 1 million dollars
TAF fee (sell-side only)
$0.00013 per share (max $6.49)
ADR fee
Varies by ADR. Please refer to the specific ADR prospectus for additional detail.
These fees are only applied when you sell securities and will automatically adjust based on regulatory updates.
Why do we use custodians?
We partner with trusted custodians like DriveWealth and American Estate & Trust (AET) to hold your assets and keep your investments safe.
SIPC Protection and FDIC Insurance
Certain Solo 401k and IRA accounts on Carry are eligible
for FDIC or SIPC insurance, provided by their respective
custodians. See details
Reporting and Compliance
They handle important reporting and document generation, such as account statements and tax forms.
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! You can use your SSN instead of an EIN to open a Solo 401k with Carry.
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?
Fees include:
- 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 custodians, like initiating an outgoing ACH or purchasing Cryptocurrency
- Managed investment accounts including Smart Yield and Roboadvisor are subject to annual advisory fees of 0.20% (currently waived through December 31, 2025)
For more information, you can refer to carry.com/fees.
Can I/how do I invest in alternative assets with Carry?
With Carry, you can explore alternative asset investments, like crypto inside your Solo401k or IRA. Learn more about Solo 401ks here and IRAs here.