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Step 1: Click Open Account next to Solo 401k on your Home pageStep 2: Verify your eligibility for a Solo 401kEnter necessary information about you and your businessStep 4: Create your Solo 401k plan detailsStep 5: [Optional] Enable automatic enrollment and contributions to be eligible for the EACA creditStep 6: Finalize your application
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Carry Solo 401k
Plan Set Up

How do I set up a Solo 401k with Carry?

Edited


Step 1: Click Open Account next to Solo 401k on your Home page


Step 2: Verify your eligibility for a Solo 401k

Click Continue after reading through each screen and entering any necessary information.

If you satisfy any of the following conditions:

  • You have an existing Solo 401k plan for your business

  • Your business has other owners or partners

  • Your spouse is an employee, owner, or partner in your business

be sure to indicate this during your application on this screen:

Input the required personal and business information and click 'Continue'

Enter necessary information about you and your business

Step 4: Create your Solo 401k plan details

Step 5: [Optional] Enable automatic enrollment and contributions to be eligible for the EACA credit

If you're unsure of whether you want to do this, you can learn more about the EACA credit here.



Step 6: Finalize your application

Preview and download your plan documents, and sign them electronically. Click Submit to submit your application for review.

Once your Solo 401k application is submitted, our team will review it and let you know if we need any additional documents, or otherwise notify you when your application is approved.

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