Decimal, Inc. Launches Single(k) to Address the Retirement Plan Needs of One-Person Businesses

SAN FRANCISCO (February 18, 2002) - Decimal, Inc. (www.theonline401k.com), the online retirement company, announced it has launched a new product called Single(k)™. Single(k) is a online retirement plan designed to meet the needs of the one-person small business, including sole proprietors and corporations. By leveraging a recent change in the tax law, Single(k) provides the one-person business with the opportunity to save up to $41,000 for 2002 in a tax-deferred retirement account. A One-person business can now enjoy the same benefits, and more, enjoyed by millions of Americans who participate in a 401(k) plan.

Decimal, Inc. has chosen to have Charles Schwab as the custodian for all of its Single(k) accounts. For a $250 setup fee and a $250 annual fee, Single(k) is sold and serviced via the Internet, and provides live customer support. Optional Form 5500 preparation services are available (for an additional $250) once the Single(k) account has exceeded a balance of $100,000.

Individuals who select Single(k) have access to a wide range of investment choices through Charles Schwab’s PCRA™ (Personal Choice Retirement Account), including stocks, bonds and over 8,500 mutual funds. They also have access to the same web-based investment education content available through Decimal’s flagship 401(k) product, The Online 401(k). Setting up a Single(k) is a very easy and quick process which takes place online with the guidance of a Retirement Plan specialist.

About Decimal, Inc.
Decimal is an online retirement company that offers a new breed of Web-based retirement plans that combine attentive customer support with cost effective Web delivery. Founded by a team of industry experts, Decimal’s first product is The Online 401(k); an all-inclusive, 401(k) solution designed for small businesses and related distribution channels to provide convenience, savings and service. Decimal also serves the one-person business retirement market with its web-based retirement plan called Single(k). The company is headquartered in San Francisco, CA and can be reached toll-free at 877-775-401k or through www.theonline401k.com.

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