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)

$22.90 per $1 million

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?

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: carry.com/pricing

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?

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 custodians, like initiating an outgoing ACH or purchasing Cryptocurrency

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.