Carry — Grow your net worth with smart tax optimization

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!

I’ve been following Carry (fka Ocho!) from afar. What’s the wildest tax savings you’ve seen from clients so far, Ankur?

Nice idea. I like how you included courses and are out here trying to help business owners. My mentors all tell me to learn taxation because that's what the savvy owners do. I think you could do well bringing this to Canada too if this gets significant traction. Bravo!

Super smart idea. Everybody is so caught up on improving their investing strategies, they forget to take taxes into consideration. Seems like this kind of product could pay for itself easily.

?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?

Finally! The world is getting intro'd to Carry 🙌 I've know about these folks for a while and been wildly impressed by what they're building...for one good/big reason: business+personal finance and wealth building for the self-employed with big aspirations and exit events is a massive area of fog for so many. Education is one thing; enablement is another. I love how Carry is attacking both vectors for folks like me and my friends who need better tools, resources, and networks to not leave significant economic leverage and opportunity on the table as we build, grow, and sell/exit our companies. Excited for what Carry has already created, and I'm even more excited for what's coming next!

verrry cool! onwards and upwards

Carry saved my tax bill AND my marriage, you won't regret it.

Can't wait to try this out!

I've used the Carry product for 2 tax seasons now. Honestly, it feels like a breath of fresh air compared to the old-style banks I tried before. When I first found Carry, I wanted to simplify my life as an entrepreneur. I was juggling my RothIRA, Solo401K, and making sure my spouse and I were on the same page with our accounts. She briefly encountered one of those old platforms. She bailed after the first page. They were too clunky and slow. But Carry, it's different. It was made for people like us who have a million things to do and no time to waste. The simplicity and user-friendliness of the platform are what got me hooked. And then there's the investment part—I've dabbled in BTC and a few other alternative assets through Carry, which is pretty cool. What really sets Carry apart for me, though, is the treasure trove of knowledge it offers. I've learned a lot about personal finance. I've also learned tax-saving strategies and angel investing from their resources. It's like having a financial advisor at your fingertips, always ready to teach you something new. Reflecting on my journey with Carry, I can't help but appreciate how it has made money simpler for my spouse and me. We used to dread the complexity and the jargon of financial planning and investments. Now, we're making informed decisions without feeling overwhelmed, all thanks to Carry. It's more than just a platform for managing your money. It's a tool that helps you learn to make smarter financial choices. For any entrepreneur out there trying to make the most of their time and money, Carry is a game-changer.

I've been a customer for just over a year. Great UX compared to legacy products out there. Thanks for building this!

Love this and especially no FEES! Is this mostly for business owners or does it make sense for high income / W2 employees?

Just visited your website and loved its design. Very helpful product aswell. Congrats on your launch Ankur and Julia. You have my upvote!

does this work for eu countries aswell?

I love that Carry puts business owners in charge (literally, lets you select any asset) but solves the tax complexity problem.

Really smart idea and great product!

HUGE fan of Carry. My wife and I use it for our Solo 401Ks, and it's so much better than the alternatives we explored. Super excited about HSA coming soon too!

Solo 401k such an underrated hack Excited for this one!

I've not only put away more money in the last 2 years via Carry than the last 5 years combined (solo401k FTW!), I've also learned so much about the tax code. As they say, the only partner you'll have on every business is the US federal government. Learn how to optimize your share.

This product is outstanding. I have watched it become what it is today and recently became a customer. These guys really followed exactly what we were looking for.