Single(k)™ Sign Up

Employee Identification Number to Establish a Retirement Trust for Sole Proprietors

The IRS and certain custodians (such as Charles Schwab & Co., Inc.) both require an EIN to establish the retirement trust. This is especially the case if you are a Sole Proprietor that currently uses your Social Security Number for your business and personal taxes.

Since Single(k) is a qualified retirement plan, it has to be sponsored by a business entity. The EIN is for your businesses retirement trust, not for your business itself.

Please follow these easy instructions to quickly receive an EIN from the IRS:

Step 1: Go to the IRS website to get a Form SS-4: www.irs.gov/formspubs

Step 2: Click on Forms and Instructions

Step 3: Select and download the SS-4 Application for Employer Identification Number

Step 4: With the form in front of you, call the IRS Tele-TIN # during business hours: 800.829.4933
The IRS will provide you with the EIN during the call.

Step 5: Write your new EIN # on the form (upper right corner) for your records.

Alternatively : You may apply for your EIN online at the IRS website by following this link:
Click here to apply for your EIN online

Helpful hints to complete form SS4:

In box 1 of the SS4 form, you will enter your DBA name followed by the words 'Retirement Trust.'
Leave box 2 blank.
In box 3, enter your name.
In box 4a and 4b, enter your address - complete 5a and 5b if applicable.
In box 6, enter your County and State.
In box 7a and 7b, enter your name and SSN.
In box 9a, choose 'Other' and enter 'Retirement Plan.'
In box 10, choose 'Created a Pension Plan' and enter type '401(k).'
In box 11, enter 01/01/200X, and do not fill in box 12.
Do not fill in box 13, 14 or 15.
In box 16, choose 'other' and enter 'Retirement Trust.'
In 18a, choose 'no.'
Leave the Third Party Designee blank.
Enter your phone number to the right of the signature line.
Press Next (if online) or phone the toll-free number if paper-based and be sure to right down the EIN.

This is your new EIN that will be used for all reporting on your new Single(k) Retirement Trust. We must use this new EIN on the Company Retirement Account and the Single(k) Applications.