Carry vs Rocket Dollar

The smoothest onboarding experience

The sign up process is perhaps the biggest differentiator of Carry. With Rocket Dollar, the sign up process involves a lot of back and forth email exchanges, where you’ll have to answer questions, sign documents, and send it to them by replying to their email. You’ll also have to contact their partner bank separately in order to create your bank and brokerage account. With Carry, the entire process takes under 10 minutes and everything is done instantly through the app during signup.

Simple, transparent pricing

Carry has no setup fees, no plan tiers with restricted features, and no fees for assets under management^*. You get the best of everything for just one transparent price of $299/year. Rocket Dollar offers two different plans. The lower-tier plan starts at $15/month with a $360 set up fee. The higher plan starts at $30/month with a $600 setup fee. If you want priority service and transfers, help with compliance and documents, and customer support beyond just email communication, you’ll have to sign up to their Gold Plan.

Integrated brokerage platforms

Carry reimagined the solo 401k dashboard. With other solo 401k plan providers, you can set up an account, but you need to take the plan documents that they give you and open accounts at third party banks and brokerages. Not all banks and brokerages accept solo 401k plan docs. Carry has integrated brokerage platforms directly built in so you never have to leave the app. You can set elections, make contributions, and even invest your solo 401k funds within Carry^*.