⍾ Content Disclosure: No communication by The Vibes Company Inc. (TVC), or any of its affiliates
(collectively, Carry), through this website or any other medium, should be construed or is intended
to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax,
financial, accounting, legal, regulatory or compliance advice. Any material provided is for information
purposes only, and is not intended as a recommendation, offer, or solicitation to open a brokerage account,
open a retirement plan, engage an investment advisor or engage in any investment strategy. The accounts,
strategies and/or investments discussed in this material may not be suitable for all investors.
The appropriateness of a particular account or investment strategy will depend on an investor’s
individual circumstances and objectives.
⍏ Most Powerful Account Suitability: A Solo 401(k)‘s suitability depends on individual circumstances.
This statement reflects our opinion based on the Solo 401(k)’s combination of high contribution limits,
investment flexibility, and tax advantages for eligible individuals. Most powerful in this context refers
to the potential for high contributions and tax-advantaged growth, not guaranteed performance. The actual
benefits and suitability of a Solo 401(k) vary significantly based on individual circumstances, including
income level, age, and financial goals. Other retirement accounts may be more appropriate in certain
situations. This claim is not intended to imply superiority for all individuals or circumstances. Qualified
financial and tax professionals should be consulted to determine the most suitable retirement strategy
for your unique situation.
⎏ Solo401(k) Eligibility Disclaimer: Eligibility for a Solo 401(k) is subject to specific IRS requirements.
Not all business owners or individuals with side income will qualify. The maximum contribution limit of
$70,000 for 2024 is not universally applicable and depends on factors such as your earned income, age, and
specific plan details. Please consult with a tax professional to determine your eligibility. Tax deductions
and growth are subject to IRS rules and regulations. Withdrawals from traditional 401(k) accounts are generally
taxed as ordinary income when distributed. Borrowing from your 401(k) may have significant tax consequences
and could impact your retirement savings. Loans must be repaid according to IRS guidelines. Individual Plan
administrators are responsible for ongoing compliance of all plans on Carry’s platform.
⎑ IRA Eligibility Disclaimer: Eligibility, deductibility, and contribution limits for Traditional and Roth
IRAs depend on IRS rules, income, and retirement plan participation. Traditional IRA withdrawals are generally
taxed as ordinary income, while qualified Roth IRA distributions are tax-free. Early withdrawals may incur
penalties. Traditional IRAs have Required Minimum Distributions; Roth IRAs do not. Advanced strategies like
backdoor Roth and mega backdoor Roth conversions may be available but have specific rules and potential tax
implications. Contribution limits, rules, and available strategies are subject to change. Individuals are
responsible for the ongoing compliance of their plans with current IRS regulations. Consult a tax professional
for personalized advice on basic and advanced IRA strategies. Carry does not provide tax or legal counsel.
⍚ Investment Options: While Solo 401(k) and IRA plans may offer diverse investment options, including
alternative assets, certain restrictions may apply. Some investments may be prohibited or result in penalties.
Individual Plan administrators are responsible for ongoing compliance of all plans with Carry.
⍜ Risk and Returns: All investments involve the risk of loss, and past performance does not guarantee future
results. Investment growth or profit is never a guarantee. Any material provided is for informational purposes
only and does not provide personalized investment or tax advice, nor does it account for your specific financial
situation or holdings elsewhere. Investments in alternative assets are speculative, generally illiquid and involve
a higher degree of risk. Those investors who cannot afford to lose their entire investment should not invest
in alternative assets. Before making any financial decisions, consult with qualified legal, tax, or financial
advisors to ensure appropriateness for your individual circumstances.
⍟ Testimonials: Unless otherwise noted, statements regarding individuals’ experiences with Carry were made
by customers who, at the time of their statements, did not receive any cash, non-cash compensation, or other
benefits in exchange for their feedback. These results and experiences may not reflect those of all Carry
customers and do not guarantee future performance or success.
† Carry Advisors: Investment advisory services offered by Carry Advisors LLC (Carry Advisors), an SEC
Registered Investment Adviser. While Carry Advisors internet-based advisory services are designed to
assist clients in achieving customer defined financial goals, asset allocations and diversification
do not guarantee a profit or protect against a loss, and past performance is no guarantee of future results.
Carry Advisors does not provide tax advice. For more details, see our
Form CRS, Form ADV Part 2 and other disclosures.
⑄ Customer Relationship: Advisory and Brokerage services are available through different membership tiers,
including both free and paid plans through The Vibes Company Inc. (TVC"). Access to certain features,
investment options, and advisory services may be limited based on membership tier. For certain advisory services,
Carry Advisors may charge an asset-based management fee in addition to any applicable subscription fees. Please
refer to our Form ADV Part 2 for a complete description of our fees, services, and any restrictions based on membership tier.
⑂ TVC: TVC is an unregistered affiliate that provides financial technology solutions, general financial education,
and assistance with Solo 401(k) setup and administration. Carry Advisors and Global Carry are all wholly owned
subsidiaries of TVC. TVC does not offer financial, legal or tax advice. Customers who open a Solo 401(k) through
TVC but choose to invest through other providers outside the Carry platform may incur AUM or other fees from those providers.
Banking Services: Carry is a financial technology company, not a bank or FDIC-insured depository institution.
Banking and depository services for Carry Solo401k accounts are offered by Grasshopper Bank, N.A., member FDIC.
Accounts offered by Grasshopper Bank, N.A. are FDIC insured up to $250,000 per account but do not yield interest.
Fees effective as per the date on the applicable rate sheet and subject to change without notice.
Banking fee schedule here.
Grasshopper Bank, N.A. is not affiliated with Carry and accounts offered by Grasshopper Bank, N.A. are not serviced by Carry Advisors.
Eligibility for a Solo 401(k) is subject to specific IRS requirements. Not all business owners or individuals with side income
will qualify. The maximum contribution limit of $69,000 (or $76,500 for those age 50 and over) for 2023 is not universally
applicable and depends on factors such as your earned income, age, and specific plan details. Please consult with a tax
professional to determine your eligibility. Tax deductions and growth are subject to IRS rules and regulations. Withdrawals
from traditional 401(k) accounts are generally taxed as ordinary income when distributed. Borrowing from your 401(k) may
have significant tax consequences and could impact your retirement savings. Loans must be repaid according to IRS guidelines.
Individual Plan administrators are responsible for ongoing compliance of all plans on Carry’s platform.
‡ Brokerage, Clearing and Custody Services: Certain in-app brokerage accounts are offered and maintained by DriveWealth
LLC (DriveWealth), member FINRA/SIPC. Securities in your DriveWealth brokerage account are protected by the Securities
Investor Protection Corporation (SIPC) against custodial loss up to $500,000, including a $250,000 limit for cash.
§ IRA plans: IRA plans are offered by DriveWealth, LLC and opened via the Carry platform. Additional fees may apply to certain services provided by DriveWealth.
DriveWealth Fee Schedule
and
DriveWealth’s Disclosure Statement
for more information.
⎒ Brokerage Cash Yield: Cash balances in your DriveWealth brokerage accounts, when deposited through their Bank Sweep
Deposit Program are swept in FDIC-insured deposit accounts at one or more participating Program Banks. These cash
balances are FDIC insured up to $250,000 per depositor, per FDIC-insured bank, per ownership category. Please note,
this FDIC insurance applies only to the cash held in your DriveWealth brokerage account and does not cover any securities
or other investments.
This Bank Sweep Deposit Program may provide interest on your cash balances. The advertised Annual Percentage Yield (APY)
of 5.1393% APY is current as of October 1, 2024 and is subject to change without prior notice. The APY represents the total
amount of interest earned on an account based on the interest rate and frequency of compounding for a 365-day period. For
the most up-to-date rate, please visit our website or contact us at
support@carry.com.
For more information, please refer to
DriveWealth’s Disclosure Statement
¶ Self Directed IRAs: Self-Directed IRAs (SDIRA) are offered through American Estate & Trust, Inc. (AET), a
licensed custodian for retirement accounts. AET administers these accounts on a custodial basis and does not
provide investment advice, endorsement, or recommendation of any investment options available within the IRA.
All decisions regarding investments are made by the account holder and are subject to IRS rules and regulations.
Accounts offered by AET are not serviced by Carry Advisors.
* Crypto: Alternative Investing into Crypto is solely available for Carry Self-Directed IRA accounts held
with AET. Additional fees may apply for crypto transactions made via AET.
◊ Financial Planning: General financial planning, custom financial plans and Message Planner services are provided
by an non-affiliated third party, Ontrail, Inc., doing business as Uprise. Please note that Ontrail, Inc. is not a
registered investment adviser, and as such, the planning services will not involve discussions concerning securities
allocation strategies, or any other customized advice pertaining to securities.
See Additional terms
.
Additional fees may apply for Uprise planning services.
Unless otherwise noted, statements regarding individuals’ experiences with Carry were made by customers who,
at the time of their statements, did not receive any cash, non-cash compensation, or other benefits in exchange
for their feedback. These results and experiences may not reflect those of all Carry customers and do not
guarantee future performance or success.
