Carry Learning Center

Funding a Solo 401k sounds straightforward until you sit down to move money and realize there are two separate contribution buckets, multiple deadlines, and different tax treatments depending on how you structure each deposit. Most self-employed professionals know the plan exists and have heard the big numbers, but the mechanics of actually getting funds into [...]

A Solo 401k offers self-employed business owners meaningful tax advantages and retirement savings options. One lesser-known benefit is the ability to borrow from your account balance. Not all Solo 401k plans permit participant loans — the feature depends entirely on whether your plan documents explicitly allow borrowing. This matters because accessing your retirement funds without [...]

A non-working spouse can build meaningful retirement savings even without a paycheck. The IRS allows married couples to fund a Roth IRA for a spouse who earns little or no income, as long as the working spouse earns enough to cover both contributions and the couple files taxes jointly. This spousal Roth IRA strategy helps [...]

High-income software engineers often hit a frustrating ceiling when trying to save for retirement. Direct Roth IRA contributions phase out completely once your income crosses certain thresholds. For singles, that happens at $168,000 in 2026. Married couples filing jointly lose access at $252,000. These limits block many tech professionals from contributing to one of the [...]

A Roth IRA offers tax-free growth and withdrawals in retirement, making it one of the most attractive savings vehicles available. The account uses after-tax dollars today, so qualified distributions later come out completely tax-free. Setting up automatic monthly contributions takes the guesswork out of saving and helps you take advantage of dollar-cost averaging. This strategy [...]

Deciding when to open a Roth IRA can feel like a puzzle, especially if your income sits near the eligibility cutoff. Contribute now and you lock in years of potential tax-free growth. Wait for your income to drop and you might qualify for a larger contribution or avoid excess contribution penalties. The answer depends on [...]

If you’re in your 20s and thinking about retirement, you’re already ahead of most people your age. Starting a Roth IRA now could potentially set you up with hundreds of thousands—or even over a million dollars—by the time you retire. That’s not an exaggeration. That’s math. The question is: how much will you actually have? And [...]

If you’re a small-business owner approaching retirement, 2026 brings notable tax changes that could impact your planning strategy. Between the enhanced senior deduction, Social Security benefit rules that can affect your taxes, and recent legislative shifts, there’s much to consider when mapping out your exit from active business ownership. Here’s what you need to know about [...]

After a spouse passes away, a retirement account can come with decisions that feel overwhelming. One choice can affect taxes, access to cash, and when required withdrawals begin. A spousal rollover lets a surviving spouse move eligible inherited retirement funds into an account in their own name. After the rollover, the account is generally treated as [...]