Carry is an all-in-one platform for tax-advantaged accounts, investments and strategy for business owners and high earning professionals. Use Carry to set up a Solo 401k, self-directed IRA, backdoor + mega backdoor IRA and more.
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The idea for Carry came when I sold my last startup Teachable and realized I knew nothing about how the US tax code works. It's super complicated (150,000 words are added every single year) -- but within the tax code are lots of opportunities to save money. But because these opportunities are so buried, most people never find them unless they hire expensive lawyers or consultants -- and thus, the vision for Carry was born. We help people optimize their net worth by saving money on taxes. Today, we do it by letting people create all sorts of tax-advantaged accounts. Our flagship product is a Solo 401k that is the best retirement account for anyone self-employed. We also have IRA's that allow people to invest in regular stuff (stocks, ETF's etc.) or go fully self-directed and invest in alternative assets. We have other account types in beta like defined benefit plans, trusts & more -- and are launching HSA's soon. We also invest a lot of time, effort and money in financial education -- we have free workshops all the time along with paid courses embedded in our product. Would love any / all feedback!
Comment highlights
This is awesome. Is most of the value really specific to self-employed and biz owners? Asking as a W-2 employee
I've been a user for 3 months and really appreciate the simile UX, offering of the SDIRA and the SOLO 401k all entrepreneurs need. I just signed my wife up. I'm hoping that custodial accounts and 529-->roth management are on their roadmap.
Saw Ankur's Lightning Lesson on Maven the other day and now this. Super interesting stuff and I'm trying to convince my wife that real estate might be her new side hustle. ;-)
Hey @ankurnagpal love what you're building at Carry, it's a genuine problem that I have personally faced myself while building Kniru I think adding a feature for real-time legislative updates could further empower users by keeping them informed of new tax laws affecting their investments. This proactive approach could differentiate Carry in the market, ensuring users not only optimize taxes but also stay ahead with compliant and strategic financial planning. All the best :)
Super cool product. Well done Akur and team! I'd love to see more people using this, seems like a no brainer.
Congratulation! Can you elaborate on the features and benefits of Carry's flagship product, the Solo 401k?
Have been asking about self-directed IRAs for years. Several advisors say don’t touch them. Excited to see how that works with Carry. Product looks amazing.
?makers is this insured by the FDIC or something similar? I realize you're not a bank but you also aren't too big to fail, yet. tl:dr; why should I trust that you'll be around in 20 years?
This is my second year using Carry as a happy customer - best product in the market for solo401k. Period. Also impressed by the speed at which the product improves.
I've been using it for over a year and have loved it. It's clean and easy, and the refinements and additions over time have been awesome!
I’ve been following Carry (fka Ocho!) from afar. What’s the wildest tax savings you’ve seen from clients so far, Ankur?
Just visited your website and loved its design. Very helpful product aswell. Congrats on your launch Ankur and Julia. You have my upvote!