Get Individual 401(k) Account Application - Charles Schwab

Filling out the Individual 401(k) Account Application with Charles Schwab can seem daunting, but this guide will walk you through each section step-by-step. By following these instructions, you will be able to complete your application accurately and efficiently.

Follow the steps to complete your application online.

1. Click ‘Get Form’ button to obtain the application form and open it in your editor.
2. Begin with the 'Employer Information' section. Enter the employer’s federal tax identification number (EIN), business name, street address (no P.O. boxes), city, state, zip code, and business telephone number. If adding a participant, indicate their relationship to the owner or partner.
3. Proceed to the 'Account Holder Information' section. Complete all required fields, including your name, home/legal address, mailing address (if different), contact numbers, Social Security/Tax ID number, date of birth, identification number (driver’s license or passport), and email address.
4. Continue with the employment details. Select your employment status, specify your occupation, and provide the employer's address if applicable. Check if you have affiliations with stock exchanges or are a director of a publicly held company.
5. In the 'Overall Investment Objective' section, select your specific investment objective from options like capital preservation, income, growth, or speculation.
6. Fill out the 'Account Features' section by choosing where to invest your cash balance. If leaving it to Schwab's default, you may omit this selection.
7. Complete the 'Consent of Spouse' if applicable, including the spouse's signature and notarization where required.
8. After you have filled out all relevant sections, review the application for accuracy. Save your changes, then download, print, or share the completed form as needed.

Complete your Individual 401(k) Account Application online with Charles Schwab today to take a step towards securing your financial future.