Carry Learning Center

Just graduated or juggling school and a part-time job? You might be closer to opening your first 401k than you think.  While IRS rules typically set the minimum age at 21 with one year of service, some employers let you start sooner. A bill under review may drop that age floor to 18 in 2025, so [...]

Thinking about a Roth IRA or a Roth 401k for retirement?  They may seem similar, but there are key differences that often get overlooked. Understanding contribution limits, income eligibility, investment options, distribution rules, and required minimum distributions (RMDs) could make a big difference in your 2025 tax planning.  [...]

Saving for retirement as a self-employed professional can feel overwhelming, but it doesn’t have to be. With contribution limits increasing for 2025, a Solo 401k may offer more potential than ever to help you build meaningful savings.  If you’re looking for flexibility, tax advantages, and low-cost options, Ubiquity’s Solo 401k plan is worth a closer look. In [...]

If you’re thinking about tapping into your retirement savings without leaving your job, you’re not alone. Many people are curious whether they can access their 401k funds while still employed, especially when facing large expenses or exploring new investment opportunities. That’s where a 401k in-service distribution comes in.  This option lets eligible employees withdraw or roll [...]

Living abroad doesn’t mean giving up on building your retirement savings. For self-employed U.S. expats, a Solo 401k can offer a way to continue contributing toward retirement while potentially enjoying tax advantages. But figuring out the rules while living overseas can feel a bit complicated. If you’re wondering how a Solo 401k works for expats — [...]

Playing music for a living takes talent, hustle, and often an unpredictable schedule. Whether you’re performing live, producing tracks, teaching lessons, or juggling all three, there’s a good chance your income doesn’t come with built-in benefits like an employer-sponsored retirement plan. That’s where a Solo 401k may come in. If you’re self-employed and don’t have full-time employees, [...]

Imagine owning a parcel of land today and watching its value grow over time. Investing in raw land through your Solo 401k allows you to capture that growth while enjoying tax-deferred benefits along the way. This quick guide covers the rules, risks, and steps to buy land using retirement funds. You’ll also get a simple checklist [...]

If you make a living through your art—whether it’s painting, music, graphic design, or creative freelance work—you might be wondering if you’re eligible for a Solo 401k. In most cases, the answer is yes. A Solo 401k could be a practical retirement savings option for self-employed artists who don’t have any full-time employees. It offers flexibility, [...]

Flipping houses typically requires a lot of cash. But what if you could use your retirement savings instead?  A Solo 401k offers self-employed investors a way to buy and flip real estate, with the potential for tax-deferred growth. While no investment is guaranteed, using a Solo 401k for flipping may provide higher contribution limits and greater [...]