Carry Learning Center

Real estate is a popular goal for many self-employed investors. But buying property through a retirement account? That surprises a lot of people. With a Solo 401k, it’s not only possible—it can also be potentially beneficial for those looking to grow their retirement savings outside the stock market. [...]

Driving for Uber gives you flexibility and control over your schedule. But since you’re considered self-employed, you’re also responsible for your own retirement planning. If you’re earning 1099 income and don’t have access to a traditional employer plan, a Solo 401k could be a smart way to save for the future.  This type of retirement plan [...]

Freelance web developers and independent contractors often manage both their projects and their own benefits. Without access to a traditional employer retirement plan, many turn to the Solo 401k as a way to build long-term savings while reducing taxable income. [...]

OVERVIEW: SOLO 401K ADOPTION AND TRENDS: 123,000 Solo 401k Form 5500-EZ filings are projected for 2025 (down from 222,848 in 2023 due to e-filing rules and reporting thresholds). 21 percent of self-employed savers use a Solo 401k — steady compared to 23 percent in 2024. As of mid-2025, 9.7 million Americans are self-employed through unincorporated businesses. California’s self-employment rate: [...]

Podcasting has grown into a real business model. If you’re earning money from ads, brand partnerships, exclusive content, or listener support, you’re likely running a business. And if you’re doing it on your own without full-time employees, you might be eligible for a Solo 401k. [...]

Running a YouTube channel can be more than just posting videos. If your channel earns money—whether from ads, sponsorships, merchandise, or memberships—you may be operating a small business. If you don’t have full-time employees, a Solo 401k might be a smart way to save for retirement. [...]

Setting up a Solo 401k comes with important responsibilities. Between IRS rules, filing deadlines, and plan paperwork, it’s easy to feel unsure about what’s required to stay compliant. One of the most common questions is whether you really need a third-party administrator (TPA)—or if you can manage the plan yourself without extra help. [...]

Freelancers often take on many roles. They might be a designer, a marketer, an accountant, and sometimes, their own retirement planner. Without access to an employer-sponsored plan, saving for the future can feel confusing or even out of reach. A Solo 401k is a flexible retirement option created for self-employed individuals. It works well for freelancers, [...]

OVERVIEW File Form 5500-EZ if your plan assets exceed $250,000 or if you’re closing the plan Use Form 5558 to request more time—submit it before the July 31 deadline Keep detailed records for at least six years Double-check all final-year filings if you’re ending the plan A Solo 401k can be a powerful way for self-employed individuals and small-business owners [...]