Single(k) Sign-up Process

Single(k) has a simple online sign-up process that should only take you about 15 minutes to complete.

But, first things first: Are you a sole proprietor? If so, you’ll need to establish a separate Employer Identification Number (EIN) for your retirement plan before you begin the Single(k) sign-up process. You cannot use your Social Security Number. (Don’t have an EIN? Click here to apply for one on the IRS web site.)

When you’re ready to sign up, start here. Make sure you have everything you need before you get started. You will not be able to pause during the sign-up process.

1. Do you currently have a 401(k), Profit Sharing Plan, Money Purchase Plan or Keogh currently in place for your business?
   
   Yes No
2. Do you have a SIMPLE plan that you contributed to this calendar year?
   
   Yes No
3. Do you employ anyone outside of a spouse in your business OR do you own any other companies that have employees?
   
   Yes No
4. Do you have a spouse or business partner that earns income from your business that is going to participate in this retirement plan?
   
   Yes No
5. Please indicate your choice of custodian.
   Note: If you have been referred by and are working with an independent investment advisor who uses Schwab as a custodian, please elect “Schwab Institutional” below.
   
   
   Charles Schwab (retail)
   Schwab Institutional
   Other
   

Note: Unless you selected Schwab Institutional, you will now jump forward to Step Three.