Carry Learning Center

Many self-employed people don’t realize they have access to a retirement plan  that offers similar benefits to a traditional 401k — without requiring a large employer to sponsor it. The Solo 401k is designed specifically for those who work for themselves, either full-time or as a side business, and want to contribute more than what [...]

For self-employed individuals and business owners without full-time staff, the Solo 401k offers a retirement solution that’s both flexible and tax-advantaged. It allows you to contribute as both the employee and employer, take advantage of potential tax benefits, and invest in almost any asset type, depending on the provider.  But the Solo 401k hasn’t always existed. [...]

If you’re running a side business or working for yourself full-time, saving for retirement on your own can feel overwhelming. A Solo 401k may help you set aside meaningful dollars and lower your taxes at the same time.  In 2025, Charles Schwab continues to offer a Solo 401k with no setup or annual fees, which makes [...]

Filing taxes as a self-employed business owner comes with extra responsibilities, especially if you have a Solo 401k. Missing a deadline or overlooking a requirement could lead to penalties that might impact your retirement savings.  This guide outlines seven essential things to know about Solo 401k tax filing for 2025, helping you stay compliant and make [...]

When you’re self-employed, planning for retirement often means setting up your own savings strategy. Solo 401k and Roth Solo 401k accounts offer self-employed individuals a way to make potentially higher contributions while managing taxes. These plans are designed for business owners with no full-time employees and can support flexible tax planning if structured correctly. In this [...]

Planning for retirement can be more complex when you’re self-employed. If you’re a real estate agent earning self-employment income, you might wonder if you have the same options as employees at bigger firms.  The good news? A Solo 401k may offer a potential way to build retirement savings while also managing taxes. This article explains who qualifies, [...]

Investing in real estate through a Solo 401k can be a smart move, especially if you’re planning to use a loan. But in most retirement accounts, borrowing money can lead to a tax called Unrelated Debt-Financed Income (UDFI). Solo 401k plans are different. In many cases, they may be exempt from UDFI under specific IRS rules. [...]

Being your own boss offers freedom—but also comes with the responsibility of planning for retirement without the benefit of an employer-sponsored 401k. If you’re self-employed, even part-time, the E*TRADE Solo 401k could be worth considering. It’s designed for business owners with no full-time employees, including freelancers, consultants, and side hustlers. E*TRADE provides access to a wide [...]

Moving your retirement savings between providers might seem tricky to figure out, but it generally only takes a few steps. Whether you’re changing investment strategies, seeking better portfolio options, or consolidating your retirement accounts, transferring your IRA from Betterment to Fidelity is a straightforward process. At Carry, we want to make financial decisions feel more manageable [...]