Carry Learning Center

Earning income as an influencer often means working without the safety net of traditional employer benefits. If your platform brings in money from brand deals, sponsorships, affiliate links, or digital products, and you operate independently, a Solo 401k might be one of the most effective ways to save for retirement. [...]

Imagine setting aside just $100 in a Solo 401k and checking back in 10 or 20 years to see what it might be worth. That small investment could grow, thanks to compound interest and tax-deferred earnings. If you’re exploring Solo 401k options or already contributing, this guide explains how long-term growth typically works, what outcomes are [...]

Freelance writing can feel like a whirlwind of deadlines, revisions, and pitching new ideas. Unlike traditional desk jobs, most writers rely on self-employment income without the benefit of an employer-sponsored retirement plan. If you’re running your writing business solo, a Solo 401k could be your ticket to building a strong retirement nest egg while keeping full [...]

Looking back at how Solo 401k contribution limits have changed over time can offer more than just trivia. It can give you practical insight for planning today.  A Solo 401k is built for self-employed individuals and their spouses, with no other employees. It’s a flexible way to save, but the contribution limits have shifted a lot [...]

Balancing creative work with financial planning can be a challenge for self-employed graphic designers.  Unlike traditional employees, freelancers typically don’t have access to employer-sponsored retirement plans. However, a Solo 401k may provide an effective way to save for retirement while potentially lowering taxable income.  This article explores the eligibility requirements, benefits, and key considerations of a Solo [...]

If you run a small business, hiring your kids can be a smart financial move for the whole family. Not only are their wages generally tax-deductible for your business, but it’s also a great way to teach them responsibility and help them start saving early.  But if you have a Solo 401k, you might wonder: Will [...]

Are you a software engineer working for yourself? Whether you freelance, consult, or run your own business, planning for retirement is just as important as managing your workload. One potential option for self-employed individuals is the Solo 401k.  This article explains how the plan works, who qualifies, and how much you may be able to contribute [...]

If you’re self-employed and using a Solo 401k to save for retirement, you may be wondering — can you actually trade stocks within the plan?  The short answer: Yes. But there are important tax rules and compliance issues to understand before placing your first trade.  This article is designed to help Solo 401k holders understand how stock [...]

Divorce doesn’t just separate two people. It can also affect shared finances, including retirement savings. If you’re self-employed and have a Solo 401k, you might be wondering what happens to that account when a marriage ends. Even if the plan is under your name, the assets inside may still be considered shared. That means your former [...]