Our custodians may charge a small fee for different services like transaction processing, account transfers, and fulfilling regulatory requirements. Custodian fees may vary by investment type.
Equities, Roboadvisor & Smart Yield
Common fees
| Returned checks deposit | $20 per check |
| Check stop payments or reissues | $20 per check |
| 1099 request for exempt accounts | $5 per request |
| ACH deposit returns | $20 per transaction |
| Wire deposit returns | $35 per transaction (this fee will reduce the wire amount returned to the client account) |
Withdrawal and administrative request fees
| ACH Transfer (outgoing) | $0.25 per transfer |
| E-check (USD) | $3 per e-check |
| Outgoing U.S. Wire Transfer | $25 per wire |
| Outgoing Non-U.S. Wire Transfer | $35 per wire |
Transfer fees
| Incoming ACAT (transferring your accounts to Carry) | No fee |
| Outgoing ACAT (transferring your accounts out of Carry) | $65 per account |
| DTC deliveries/receives (depository transfers for certain securities) | $35 per position |
| DWAC transfers (electronic transfer of paper shares) | $130 per position |
| DRS transfers (electronic direct registration of securities in investors name) | $55 per position |
Regulatory fees
| SEC fee (sell-side only) | $0.00 per 1 million dollars |
| TAF fee (sell-side only) | $0.00013 per share (max $6.49) |
| ADR fee | Varies by ADR. Please refer to the specific ADR prospectus for additional detail. |
These fees are only applied when you sell securities and will automatically adjust based on regulatory updates.
Solo 401k Alternatives
Common fees
| Account maintenance fee | No fee |
| Abandoned property | No fee |
| Overdraft fee | No fee |
| Returned ACH charge | $0 per ACH |
| Returned check | $0 per check |
Withdrawal and administrative request fees
| Outgoing U.S. Wire Transfer | $0 per wire |
| Outgoing Non-U.S. Wire Transfer | $0 per wire |
Transfer fees
| ACH funds transfer | $0 per wire |
| Incoming U.S. Wire Transfer | $0 per wire |
| Outgoing Non-U.S. Wire Transfer | $0 per wire |
IRA Alternatives & Crypto
Common fees
| Account maintenance fee | No fee |
Transaction fees
| Crypto transactions | 1% per transaction |
| Sending wire fee and receiving wire fee (excluding crypto) | $100 per position |
Withdrawal and administrative request fees
| ACH deposits and withdrawals | $0 per ACH |
| Incoming or outgoing wire transfer | $0 per wire |
| Note conversion or re-characterization | No fee |
Important Notes
- Wire transfer return fees: When wiring funds, please note that any fees charged by your sending custodian are determined by them and outside our control.
- Incoming wire fees from sending bank: If a wire transfer is returned by the receiving bank, they may apply a return fee. Unfortunately, this fee is set by the receiving bank and passed on by the custodian.
These fees are determined by our custodian, AET, and apply specifically to alternative investments. For more details or questions about our fees, please contact our support team at support@carry.com.
Frequently Asked Questions
Why does Carry have an upfront fee?
At Carry, our upfront fee is transparent and covers full access to our plans and services. Curious about what each tier offers? Check out our detailed pricing list here: carry.com/pricing
Can I move my existing Solo 401k or IRA to Carry?
Absolutely!
For Solo 401k: Just set up your Carry account and select the option to restate your plan.
For IRAs: Simply create a new IRA after setting up your Carry account and transfer your assets
Have questions about the process? We’re here to help, just reach out!
Can I sign up for a Solo 401k as a Sole Proprietor or do I need an LLC?
Yes! If you’re a Sole Proprietor, you can easily set up a Solo 401k with us.
No LLC? No problem! You can use your SSN instead of an EIN to open a Solo 401k with Carry.
Who can set up a Solo 401k?
You would most likely qualify if:
- You’re earning self-employed income as a business owner, freelancer, creator, or side-hustler (any business entity type is eligible, including multi-partner LLCs)
- You have no full-time employees (outside of your spouse)
- You’re a U.S. resident
Feel free to reach out to us if you have any questions!
Are there any other fees with Carry?
Fees include:
- Any underlying investment fees (for ex. If you buy an ETF, the underlying fund expense ratio; this goes to the fund and not Carry)
- Certain transaction fees charged by our custodians, like initiating an outgoing ACH or purchasing Cryptocurrency
- Managed investment accounts including Smart Yield and Roboadvisor are subject to annual advisory fees of 0.20% (currently waived through December 31, 2025)
For more information, you can refer to carry.com/fees.
Can I/how do I invest in alternative assets with Carry?
With Carry, you can explore alternative asset investments, like crypto inside your Solo401k or IRA. Learn more about Solo 401ks here and IRAs here.