Silly Money |
Hey there, quick heads up: |
Tonight is the final day to take advantage of our sponsor Carry's year-end Solo 401k offer. |
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Once the clock hits 12:00am tonight, the window closes to: |
Set up a Solo 401k for the current tax year (for most people!) Qualify for a little-known IRS credit worth up to $1,500 over three years Lock in 50% off your first Carry bill with code SM2026
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After today, this promo is gone forever. |
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Why today actually matters |
This isn't one of those "soft deadlines" that people make to artificially create urgency. |
Some of the highest-ROI tax moves in personal finance are calendar-year dependent, mandated by the IRS. |
For most people, if your Solo 401k plan isn't established before December 31: |
You can't claim this year's credit You can't retroactively fix it in April You wait a full year to try again
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And that's why we're sending this final reminder. |
Open your plan before the deadline → |
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If you're still on the fence, let me paint you two hypothetical pictures |
Picture 1: The Minimum Results Case |
You sign up for Carry today and do the bare minimum. |
Even in this conservative scenario: |
You establish a Solo 401k plan before year-end Your plan includes the right provisions to potentially qualify for your first $500 IRS credit You use SM2026 and pay $150 for your first year of Carry Core
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If you're eligible for the credit, the IRS gives you a $500 credit on your tax bill. |
In other words: You pay ~$150. The IRS may give you $500 to use wherever else you'd like. That's potentially a 3x return just there! |
Even ignoring everything else a Carry Solo 401k plan can do (like ~$70k contribution limits, penalty-free access to capital, and the ability to invest in real estate and private assets), that's already a strong outcome in my opinion. |
Picture 2: The Home Run Case |
Now imagine you also apply the tips from our Solo 401k guide. |
Picture yourself a few months from now: |
You've coordinated your Solo 401k with your W-2 job You're choosing Roth vs pre-tax intentionally You're contributing far more than an IRA would allow You understand how to use retirement accounts as planning tools, not just savings buckets You're no longer guessing whether you're "missing something" in your retirement plan
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And over time: |
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All starting from a $150 investment in a Carry Core annual membership. |
And all because you didn't let another year slip by. |
Open your plan before the deadline → |
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Why Carry specifically |
On paper, setting up a Solo 401k sounds simple. |
In practice, people get stuck on: |
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Carry was built to help you handle these details correctly. |
It supports: |
Solo 401k plans with EACA provisions (required for the IRS credit) Roth and pre-tax contributions Coordination with your income Advanced strategies like Mega Backdoor Roth and penalty-free plan loans Clean setup without stitching together multiple providers
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Open your plan before the deadline → |
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The special offer for our subscribers (final reminder) |
As a Silly Money reader, you can use promo code SM2026 to get: |
50% off your first membership bill with Carry |
That means: |
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For many eligible business owners, the IRS credit alone can more than cover the cost. |
Open your plan before the deadline → |
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Who this is for (and who it's not) |
This is most relevant if you: |
Have any self-employment income (even a side hustle) Expect to owe meaningful taxes Want to be proactive instead of reactive
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If you're W-2 only with no outside business income, this likely doesn't apply. |
Open your plan before the deadline → |
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Final reminder |
Tonight is the deadline. |
Once December 31 passes: |
This year's setup window closes This year's credit opportunity is gone There's no retroactive fix
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Every year, I hear the same thing from high earners: |
"I wish I'd done this sooner." |
If that's been you in the past, this is your chance to change it. |
So here's the plan: |
1/ Set up your Solo 401k with Carry before the deadline |
2/ Use our promo code SM2026 on carry.com for 50% off |
3/ Elect to turn on automatic contributions if you want to be eligible for the $500/year EACA credit |
4/ Take advantage of the $70k account limit anytime before tax season (you don't need to decide how much today!) |
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See you on the other side, |
Ankur |
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Full Disclosure: I'm writing this as myself, not as some investment adviser or broker-dealer. Purely educational or my personal thoughts - not investment, legal, tax, or professional advice. My startup Carry owns an investment adviser and broker dealer and this is sponsored by them. Financial decisions involve risk, including losing money. Taxes are complex. Please do your own research or talk to a licensed pro before acting on anything you read here. |
Silly Money receives up to $10 USD from The Vibes Company for each new customer who signs up for a Carry membership using a Silly Money promo code. Silly Money is affiliated with Carry Advisors through common ownership under The Vibes Company, which creates a financial incentive for Silly Money to advertise Carry Advisors' services. |
Carry Disclosures: For product-specific disclosures and third-party vendor information, please see Carry's full disclosures here. |
Investment Options: While Carry Solo 401(k) and IRA plans may offer diverse investment options, including alternative assets, certain restrictions may apply. Some investments may be prohibited or result in penalties. Individual plan administrators, not Carry, are responsible for ongoing compliance of all plans with Carry. |
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