Open a Solo 401k
A supercharged retirement plan designed for business owners
The Carry Solo 401k gives business owners the biggest tax advantages of any retirement plan. Contribute up to $66,000 and invest in any asset class through your solo 401(k) plan with tax-free compounding.
A retirement account unlike the rest
Contribute up to $66,000 into a Carry Solo 401k for 2023. That’s 10x more than an IRA, and 3x more than a normal 401k. Invest in any asset class through your plan with tax-free compounding, and never pay any fees for your assets under management.◊
Highest contribution limits
The Solo 401k has the highest contribution limit of any retirement plan type ($66,000 for 2023).
Total investment freedom
Invest in any asset class including stocks and ETFs,† or alternative assets like crypto, NFTs, real estate, or private equity.
Tax-free compounding
Pay zero taxes on any income or profits generated from your investments. 100% of your profits go straight back into your account.
A Supersized Roth account
With a Roth account, withdrawals in retirement are completely tax-free. Contribute up to $22,500 through the Carry Roth Solo 401k for 2023.
Largest tax deductions
You can get a tax deduction of up to $66,000 for 2023 by making your entire contribution with pre-tax dollars.
Integrated brokerage accounts
No need to go out and open separate brokerage accounts. Easily open retirement plan brokerage accounts within Carry.†
Freedom to choose
In addition to investing through the Carry app, your Carry Solo 401k plan allows you to open accounts at third party banks or brokerages for full checkbook control.
Unlimited rollovers
Fund your account by rolling over an unlimited amount of funds and assets from any other retirement plan that you already own (except a Roth IRA).
Mega Backdoor Roth
Carry has full support if you want to implement a mega backdoor Roth Solo 401k, which allows you to put up to $66,000 into a Roth account for 2023.
Advanced tax strategy
Ready to get started?
Basic Plan
$299/year
- Carry Solo 401k, Traditional IRA, Roth IRA, and brokerage accounts
- Security and compliance monitoring
- On-demand courses and training
- No AUM fees
- 30-day refund guarantee
Pro Plan
$999 $499/year
Everything included in the Basic Plan, plus:
- Custom financial plan
- Access to “Ask an Advisor”
- Ongoing support and updates to financial plan
Carry VIP
$12,000/year
Everything included in the Pro Plan, plus:
- Hands-on financial planning, execution, and investment advice
- No-fee investment management and advice
- Sourcing, vetting, and executing on boutique accredited investments
For business owners earning $200k+ in profit annually. Limited spots and by application only.
Try Carry for 30 days and if it isn’t for you, get fully refunded – no questions asked.
Trusted by top entrepreneurs, creators and money experts
“The process of opening a solo 401k used to be extremely complex, and you had to do most of the administration work yourself… I don’t normally get excited about retirement plans, but Carry is building something I’ve wanted to exist for a long time.”
Nate O’Brien
Investor & YouTuber
“There are now so many people who are self-employed, and Carry is building the perfect financial vehicle to help them turn their business income into generational wealth. [Carry] is so powerful and flexible that it feels like you’re getting access to a tax loophole.
Elizabeth Yin
Co-founder @ Hustle Fund
“Carry is the most intuitive experiences I’ve tried. I love how you can get set up and invest in just a few minutes. Every business owner, creator, and self-employed person should have one. The benefits and tax savings each year are a no-brainer.
Sebastian Fung
Owner, Ask Sebby
Why you need to use Carry
Carry is the easiest way to set up a solo 401k and start investing your money with tax-free compounding. You can open an account in under 10 minutes, and we take care of all paperwork and administration for you. No need to open separate brokerage accounts (unless you want to!) – it can all be done through your Carry account.†
Invest in traditional assets like stocks and ETFs through the app,† or take your Carry Solo 401(k) plan to any third party custodian for full checkbook control to directly invest your money in alternative assets like real estate and crypto.
You get to decide whether you want to contribute with pre-tax dollars and get a tax deduction, or contribute into a Roth account for tax-free withdrawals in retirement. Deduct up to $66,000 from your taxable income, or put the whole amount into a Roth account. It’s entirely up to you.
A mega backdoor Roth solo 401k lets you invest up to $66,000 entirely into a Roth account (10x more than a Roth IRA, and 3x more than what’s traditionally allowed with a 401k). A mega backdoor Roth is a complex procedure with many moving parts. With Carry, we’re there for you every step of the way.
Create your account, make direct contributions, rollover assets, and invest your funds all in one place.† And if you need help, we’re here for full account administration assistance, plan support, and security & compliance monitoring.