How do I invest in Smart Yield?

Step 1: Log into Carry, navigate to the "Home" page, and select the account type you want to invest in Smart Yield for. You can choose from a Solo 401k, Traditional IRA, Roth IRA, or a Taxable Brokerage account. If you don't have these accounts open, you'll have to open them first to invest in Smart Yield after. Learn more.

In this article, we've selected a Solo 401k account.

Step 2: Navigate to the "Investments" page and click “Add Investment” on the left navigation bar to add Smart Yield as an investment account.

Step 3: Select "Invest" on the Smart Yield option.

Step 4: Click "Continue"

Step 5: Now, you'll be taken through a few screens to confirm your account information is correct. If it is, select "Continue". If not, you can update your information in Settings. You'll also need to answer a few questions related to employer compliance and personal investing style.

Then, confirm your state of tax filing, filing status, and annual income to get matched with a number of fund options. Select "Continue"

Step 6: Open your Smart Yield investment account by checking the boxes and clicking "Submit"

Step 7: Now, you can invest in Smart Yield!

If you have uninvested cash, you can immediately invest it in Smart Yield. Click "Invest" to do so.

If you don't have uninvested cash ready to invest, you can make a Cash deposit to your account. Once the cash is in the account, you can invest it into Smart Yield.

Note that this can take 5-7 days to fully clear and settle before it's available to be invested in Smart Yield. During this period, we restrict selling from Smart Yield.

Step 1: You'll land back on "Investments". From here, click "Invest" in the section titled "Make your first Smart Yield investment"

Step 2: Input the amount you want to invest, from the amount that's available to invest. Then, click "Continue" and then "Submit".

Step 3: You'll see a confirmation modal that your investment has been initiated. From there, you'll return to the "Investments" page where you'll see your pending transfer, which should complete within 5 days.

Step 4: Once the funds are invested, they'll be automatically invested into the chosen fund for you.

Step 5: When your funds are being actively reallocated, you'll see your Holdings in a "Rebalancing" state.

Step 1: Click "Sell" to bring up a modal where you can input the amount you want to sell Smart Yield for. Then, click "Continue" and then "Submit".

Step 2: You'll see a confirmation modal that your sell has been initiated. From there, you'll return to the "Investments" page where you'll see your pending outgoing transfer, which should complete within 5 days. Your holdings and total value might differ during this period, and you will be unable to sell or invest in Smart Yield.

Step 1: You can do so as you're adding Smart Yield as an investment account, or anytime after by clicking "Adjust Profile" on the "Investments" page in your dashboard.

Step 2: You can update your state of residence, federal tax filing status, and estimated taxable income here. Click "Continue" when you've made your updates.

Step 3: You may get matched to new funds based on your updated profile. You can click "Continue" to return back to your dashboard.

For more details about Smart Yield, visit the FAQ page here.