Carry Learning Center

Choosing the right retirement plan can feel overwhelming, especially if you’re self-employed and want more control over your savings. MySolo401k positions itself as an option for those who value flexibility, investment choices, and an online-first setup. This review covers how the plan works in 2025, what it may offer, where it has limitations, and how it [...]

Investing a Solo 401k in a certificate of deposit (CD) combines retirement savings with a conservative banking product. For self-employed individuals, CDs may provide steady earnings and reduced exposure to market swings. By locking in a fixed rate and knowing the maturity date, they can serve as a cautious part of a broader retirement plan. (function(d,u,ac){var [...]

Are you a self-employed plumber looking for a way to save more for retirement and lower your taxes? Many independent tradespeople wonder if a Solo 401k could be the right fit. The good news is that plumbers who operate their own businesses or work as independent contractors are typically eligible to open one. (function(d,u,ac){var s=d.createElement('script');s.type='text/javascript';s.src='https://a.omappapi.com/app/js/api.min.js';s.async=true;s.dataset.user=u;s.dataset.campaign=ac;d.getElementsByTagName('head')[0].appendChild(s);})(document,239363,'ckhizz00xjzup7eks4ph'); A Solo [...]

Running your own business often means balancing daily operations with long-term financial security. Retirement planning can easily take a back seat, yet the Solo 401k provider you choose could shape how flexible, cost-effective, and efficient your plan becomes. This review takes a closer look at Nabers Group’s Solo 401k in 2025. You’ll learn what the plan [...]

Choosing the right Solo 401k provider matters when you want more control over your retirement savings. RocketDollar is one option that has gained attention for its focus on investment flexibility and its simplified approach to account management. In this 2025 review, we’ll cover RocketDollar’s Solo 401k features, benefits, and pricing. You’ll also see who the plan [...]

Starting a Solo 401k is a big step toward building your retirement savings. The next challenge is keeping your plan compliant with IRS rules. That means knowing which tax forms apply and when they’re due. Even a small oversight could lead to avoidable penalties, so it’s worth learning the basics before filing season arrives.  In this [...]

Opening your first 401k is a big step toward building your retirement savings. The decisions you make in the early days can set the tone for how your account grows over time. You don’t need advanced investing skills to get started. What matters most is making a few smart choices right away. This guide covers practical [...]

Giving through your retirement savings can be a rewarding way to support causes you care about, while also unlocking potential tax benefits — if it’s done correctly. The most common tax-friendly method, the Qualified Charitable Distribution (QCD), is available only through IRAs, not directly from Solo 401k plans.  That doesn’t mean Solo 401k owners are out [...]

Looking for ways to maximize your retirement savings?  If you are a technology consultant and operate your own consulting business without full-time employees, a Solo 401k might be an excellent fit. Solo 401ks provide self-employed professionals with higher contribution limits and tax benefits compared to many other retirement plans. This can be especially useful for technology consultants [...]