Onboarding investors with a Solo 401K retirement account

Updated 1 month ago by Sanjay Vora

Onboarding an investor with a Solo 401k account is different than an investor with a normal account. Below, we provide some guidance and tips to onboard the investor effectively.

Solo 401K Steps:
  1. Request investor to select LLC/LP as the account type in Step 1 of registration.
  2. Tell the investor to do the following:
    1. Enter the EIN for the Solo 401K account
    2. In Business Name, they should put the title of the Solo 401K account exactly as showin in their account statements
  3. The investor funds should come directly from their Solo 401K account to fund the account


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