Capitalize

We're excited to announce our Series B fundraising! Hear more about the next step in our mission to empower retirement savers from Capitalize CEO and Co-founder, Gaurav Sharma:

If your customers could perform your hold music at karaoke, it's time to rethink your 401(k) rollover solution. ?? Capitalize's expert team and user-friendly technology have helped thousands of savers fund their IRAs while improving operational efficiency for financial institutions. Learn how with the link in our comments. #401krollover #fintech #increaseAUM #IRA

How do you "lose" a 401(k)? According to a report from the Bureau of Labor Statistics, the average American switches jobs every 4.2 years. And workers under 35 switch jobs more often. Over the course of a long career, they could accumulate dozens of retirement accounts. That's dozens of log-ins, fees, and investments to keep track of. When it comes time to open and fund an IRA, many savers don't know where their former accounts are or how to access them. Capitalize's built-in 401(k) finder tool helps thousands of savers locate and consolidate their old 401(k)s every year through our website or integrated rollover solutions with our partners. Capitalize can help savers find old 401(k)s — even if: ? Their former employer went out of business ? They don't remember the name of their 401(k) provider ? They've had multiple accounts spanning years of saving Finding old 401(k)s is the first step for savers who want to fund an IRA for their financial future. #401krollover #fintech #IRA

Is your 401(k) rollover process making it harder for customers to fund their IRAs? Each year, thousands of savers open IRAs with the best intentions. But the complicated rollover process becomes a major roadblock to making the most of their accounts. Capitalize uses custom rollover solutions to help thousands of savers find and roll over their retirement accounts into new or existing IRAs. Our solutions are tailored to you and your customers' needs: ?? Our co-branded, ready-to-rollover solution is an easily embedded URL that fits nicely as a CTA on your site or wherever you engage your customers. ?? Our Rollover API solution provides your customers with a frictionless rollover experience, all within your app. Head to the comments to learn how Capitalize works with enterprise partners.

Thank you Business Insider for naming Capitalize as one of the 49 most promising #fintech companies of 2024! We’re proud to be featured alongside some of finance’s most innovative brands. https://lnkd.in/guKs-kse

The existing 401(k) rollover process creates poor outcomes for everyone in the savings game. Outdated technology and an outdated user experience make it harder for savers to fund their IRAs. As a result, financial institutions see: ? Lower AUM ? Less efficient operations ? Poor customer satisfaction Our Embedded Rollover API gives financial institutions the tools they need to guide savers in the rollover process, fund their accounts, and continue their savings journey. Head to the comments to learn how. #401krollover #fintech #banking #retirementsavings

401(k) rollovers can be tricky. Getting it wrong can have major consequences: ? Taxes and penalties ?? Loss of retirement savings ?? Additional stress and paperwork It's no wonder savers like Nikki wait years after leaving their job to start the rollover process. With our easy-to-use technology, a seamless user experience, and the support of our team, savers have the tools (and confidence) they need to finally roll over their retirement accounts. #401krollover #retirementsavings #fintech

IRAs are here to stay. According to a survey by the Investment Company Institute, the combined assets of IRAs make up 35% of the American retirement market, up from 24% two decades ago. Why are IRAs becoming more common? ? Robo-advisors and other advancements in fintech have made it easier than ever for savers to strategically grow their retirement funds without the added guidance of an employer-sponsored plan. ? As job-hopping becomes more prevalent among younger generations, IRAs allow savers to consolidate their retirement funds from previous employers. In fact, the majority of IRAs (62%) contained funds rolled over from other accounts like 401(k)s and 403(b)s. Even with these advancements, many savers still face significant hurdles when managing their retirement accounts. That's where Capitalize comes in. We work with financial institutions across the country to guide their customers through the rollover process with our Embedded API technology. With this latest advancement in our technology, savers can open an IRA and roll over their employer-sponsored retirement plans without leaving our partners' platforms. It's one way we're making retirement saving simpler for today's workers. #IRA #rolloverIRA #401krollover #retirementdata #fintech

Happy National 401(k) Day! Today, we’re celebrating the savings plan that’s helped millions of Americans secure their financial future. Taking off in popularity in the 1980s, nearly 6 out of 10 workers now have access to a 401(k) account. Through regular contributions and the power of compounding interests, 401(k)s and other tax-advantaged accounts have made it easier than ever for Americans to take retirement savings into their own hands. Swipe to learn more about the history and future of the 401(k). #401kday #401kplan #retirementsaving

If you have a 401(k) from a previous job, why haven't you rolled it over? Vote below and drop your questions about the rollover process in the comments. We're here to help! #401krollover #retirementsaving #retirementtips