Carry Learning Center

Divorce doesn’t just separate two people. It can also affect shared finances, including retirement savings. If you’re self-employed and have a Solo 401k, you might be wondering what happens to that account when a marriage ends. Even if the plan is under your name, the assets inside may still be considered shared. That means your former [...]

Looking for new ways to grow your Solo 401k beyond the stock market? Promissory notes may offer a potential source of fixed income while keeping your retirement plan tax-advantaged. With the right setup, your Solo 401k can invest in private lending deals backed by written agreements and interest payments.  This guide explains how investing in promissory notes [...]

Looking to keep more of your pass-through business earnings? You may be eligible for a 20 percent Qualified Business Income (QBI) deduction under IRS Section 199A.  But here’s what many people overlook: while Solo 401k contributions offer valuable retirement benefits, they can also reduce your QBI—and with it, your deduction. Whether you contribute pre-tax or Roth [...]

Setting up a Solo 401k is faster and more flexible than it used to be, especially with the rise of today’s online platforms. But if you’re self-employed and ready to open your plan, you may wonder: can you sign all the necessary documents electronically, or do you still need to print and mail them in? This [...]

When you open a Solo 401k, it’s easy to focus on contributions and investment choices. But there’s one critical detail many people skip: naming a beneficiary. This simple step could make a big difference later. If something happens to you, a clear beneficiary designation helps your funds go directly to the right person without delays [...]

If you work for yourself, you probably already wear many hats. Planning for retirement is one of them , but it’s not always clear where to start. The Solo 401k is one option that’s built specifically for business owners with no full-time employees.  It offers flexibility, potential tax benefits, and in many cases, higher contribution [...]

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 [...]