Carry Learning Center

If you freelance as a developer, it may be possible to open a Solo Roth 401k before tax season and still make it count for the current tax year. The key issue is timing. Many self-employed workers focus on when they can fund the account. In many cases, the more important question is when the [...]

Opening a Roth Solo 401k for your LLC sounds complicated, but the document list is shorter than you might expect. The catch? Missing even one key piece of paperwork can delay your plan or lock you out of important features like catch-up contributions. Starting in 2026, new IRS rules make Roth provisions mandatory for certain high [...]

Running a business with your spouse can create additional retirement planning opportunities. Many self-employed business owners wonder if their spouse can contribute to a Roth Solo 401k alongside them. The short answer is yes, but only if your spouse works in the business and meets specific requirements. If both spouses qualify, this setup may allow [...]

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 [...]

Many Solo 401k owners aged 50 and older face new rules on how they handle “catch-up” contributions. Under the SECURE 2.0 Act, those with prior-year wages above a certain threshold must designate catch-up deferrals as Roth. This means they’ll be made with after-tax dollars, without reducing current-year taxable income. The IRS has now finalized how this [...]

Roth conversions can offer long-term tax advantages, but they come with short-term consequences you need to plan for. When you move money from a traditional IRA or 401k into a Roth account, the conversion is taxable in the year it happens. Once completed, you can’t undo it. The 2026 tax year brings continued pressure to get [...]

Thinking about a Roth IRA or a Roth 401k for retirement?  They may seem similar, but there are key differences that often get overlooked. Understanding contribution limits, income eligibility, investment options, distribution rules, and required minimum distributions (RMDs) could make a big difference in your 2026 tax planning.  This article breaks down the major differences to help [...]

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 [...]