Carry Launches Smart Yield: An Innovative, Tax-Optimized Investment Alternative to High-Yield Savings Accounts

NEW YORK, May 22, 2025 /PRNewswire/ -- Carry, the financial platform designed to help users grow wealth by optimizing taxes, today announced the launch of Smart Yield, a next-generation investment alternative to traditional high-yield savings accounts. Smart Yield helps users optimize after-tax cash returns through automated allocations to strategic money market funds, many of which can be federal, state, or local tax-free.

Smart Yield is designed for users who want their idle cash to work harder without sacrificing liquidity or tax efficiency. The product aims to automatically select the optimal money market mutual fund based on each user's tax inputs, such as filing status, state residence, and income, and reallocates accordingly as yields and market conditions change.

"We built Smart Yield because we saw too many users parking large cash balances in tax-inefficient funds," said Ankur Nagpal, founder of Carry. "This could help users take home more on their cash, potentially with zero federal or state taxes, inside of their carry accounts."

Why Smart Yield Stands Out:

• Clients are allocated to a strategic list of money market funds that invest in U.S. treasuries, government or municipal securities, often tax-free at the federal, state, or local level.
• Daily yield scans calculate the optimal tax equivalent yield based on your personal tax situation.
• Intelligent reallocations based on your personal inputs and market yields
• Highly liquid and generally redeemable quickly, without redemption fees.
• Works with taxable brokerage accounts, Solo 401k, Traditional IRA, and Roth IRA accounts.

Getting started is simple:

Smart Yield joins Carry's growing suite of tools for independent professionals. Smart Yield optimizes for tax-equivalent yields, which are net of underlying fund expenses but not inclusive of Carry Advisor's annual advisory fee of 0.20%.

About Carry

Carry is a fintech platform purpose-built for business owners, freelancers, and high-income professionals. It combines tax-optimized retirement accounts, self-directed investing, alternative assets, and integrated tax filing—all in one easy-to-use experience. Carry helps users grow their wealth through optimizing tax burdens, with plans tailored for every stage of the entrepreneurial journey.

Disclosures:

Smart Yield is offered by Carry Advisors LLC, an SEC registered investment advisor wholly owned by The Vibes Company Inc ("Vibes"). While Carry Advisors can provide general information and guidance, this should not be misconstrued as tax advice as Carry Advisors is not a tax professional. Carry Advisors strongly recommends consulting with a qualified tax professional for personalized advice on your specific tax situation.

Carry is a financial technology company, not a bank or FDIC-insured depository institution. Smart Yield holdings are not FDIC-insured and may lose value. Yields fluctuate daily, and are not guaranteed. Annual Vibes membership required. See Disclosures

Start optimizing your cash today with Smart Yield: https://carry.com

Media Contact: Ankur Nagpalankur@carry.com 

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SOURCE The Vibes Company Inc