Carry Learning Center

Running your own business or side gig? You might want to consider a retirement plan made for people like you.  A Solo 401k could be a strong option. It’s built for self-employed individuals, with higher contribution limits and generally more flexibility than regular retirement accounts. In this guide, we’re looking at two different Solo 401k plan providers: [...]

Planning for tax-free growth in retirement can feel complicated, but a Roth IRA can make it more manageable if you follow IRS rules.  This guide explains the 2025 contribution limits, key deadlines, and practical strategies to help you capture potential tax-free growth while avoiding excess-contribution mistakes. Before funding a [...]

Running your own business does not mean missing out on the tax benefits often available to employees at larger companies. A Solo 401k can potentially help freelancers, consultants, and single-member LLC owners defer ordinary income taxes and save meaningful dollars for retirement in a tax-advantaged way.  For 2025, the IRS has increased employee contribution limits and [...]

Missing a deadline or misunderstanding income rules could reduce your tax benefits. In 2025, the IRS set the Traditional IRA contribution limit at $7,000 for individuals under age 50, or $8,000 for those age 50 and older. Income thresholds for deductibility and Roth eligibility have also increased, which may affect how much of your contribution [...]

Saving for retirement can feel overwhelming, especially with shifting rules on how much you can contribute and when. But in 2025, knowing the right numbers and deadlines could help you save more and avoid costly mistakes.  Whether you’re eyeing an IRA, Roth IRA, or a Solo 401k, there are crisp contribution limits, deadlines, and catch-up rules [...]

Understanding Solo 401k rules can get more complicated once part-time employees enter the picture. Starting in 2025, the SECURE Act 2.0 requires certain long-term, part-time workers to be included in retirement plans. This means small-business owners and self-employed individuals need to know which employees qualify, how contributions are handled, and what compliance steps apply. For example, [...]

Most people with a workplace retirement plan, like a 401k, may not realize it’s governed by a law called ERISA — the Employee Retirement Income Security Act of 1974. This law sets the rules that keep plans fair, transparent, and properly funded.  For employers, it means meeting specific standards when offering retirement benefits. For employees, it [...]

Market ups and downs, inflation concerns, and global uncertainty often push retirement savers to look beyond traditional stocks and bonds. Gold is frequently viewed as a tangible store of value and a potential safeguard. For many, the question becomes simple: Can you invest in gold through a 401k? The short answer is yes, but not always in [...]

Saving for retirement can feel complex, especially if you are eligible for multiple tax-advantaged plans. Some individuals have access to both a 457b and a Solo 401k and want to understand how to contribute to each without exceeding IRS limits.  In 2025, the elective deferral limit for both plans is $23,500, though eligibility rules and contribution [...]