Carry Learning Center

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June 17, 2024
Demo: See Everything That Carry has to Offer

Your Behind the Scenes Look at Carry New to Carry or just curious? We put together this short demo and product walkthrough to help you see how Carry can simplify your finances and tax savings as a business owner. We’ll cover everything from setting up your account to advanced tax strategies that you can do in a [...]

September 5, 2023
Financial Planning for Entrepreneurs With Irregular Income

In entrepreneurship, the excitement of forging your own journey is accompanied by unique challenges. Among these challenges is navigating how to handle an unpredictable income. Unlike the predictability of a monthly salary, variable income can swing you from feast to famine, making financial planning feel impossible. But with informed strategies in place, it’s possible to maintain [...]

August 1, 2023
How Much Does a Financial Planner Cost? (Average Fees & Pricing)

How much does a financial planner cost? A financial planner can cost anywhere from a few hundred dollars to hundreds of thousands or even millions of dollars. It entirely depends on the type of services being offered and how their fee structure works. A financial planner will either charge an AUM fee, flat annual fee, hourly [...]

June 21, 2023
HSA Withdrawal Rules and Penalties

An HSA works similarly to a retirement account, but comes with unique tax advantages not available with other plans. To compare, let’s also look at the traditional and Roth IRA. With a traditional IRA, you make contributions with pre-tax income, but you have to pay ordinary income taxes when you make withdrawals in retirement. With a Roth IRA, [...]

June 21, 2023
HSA Contribution Limits & Deadlines for 2022 & 2023

An HSA (Health Savings Account) offers you a triple tax-advantaged way to save for your medical expenses. Your contributions are tax-deductible. Earnings in your account enjoy tax-free compounding. Withdrawals for eligible medical expenses are tax-free. In many ways, it works similarly to a retirement plan. You make contributions to your account with pre-tax income and receive a tax deduction [...]

June 20, 2023
What is an HSA? (How It Works, Pros & Cons)

An HSA, or Health Savings Account, is a type of tax-advantaged savings account that is designed to help individuals with high-deductible health insurance plans (HDHPs) save for medical expenses. It lets you contribute money on a pre-tax basis (with income you haven’t paid taxes on yet) to pay for medical expenses like dental work, vision [...]

June 20, 2023
How to Build an Emergency Fund (Step-by-step Guide)

An emergency fund is a key component of any good financial plan. It prevents you from having to borrow money to cover unexpected expenses, which would only add onto the debt load you already have. According to a 2022 survey by Bankrate, 56% of Americans don’t have enough money in their savings accounts to cover an [...]