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Basic Capital

Founded 2021 · 42 employees on LinkedIn · 4 known investors

Basic Capital offers a 401(k) retirement plan platform for employers and their employees, providing an open investment menu of over 6,000 mutual funds and ETFs, an embedded brokerage window, recordkeeping, third-party administration, and plan advisory services. The platform includes features such as Mega Backdoor Roth automation and a "Retirement Mortgage" that lets employees access long-term financing within their 401(k) to increase investing power.

Founders & leadership

Basic Capital was founded in 2021 by Abdul Al-Asaad.

AAAbdul Al-Asaad
Abdul Al-AsaadinCo-Founder, CEOFounder at Basiccapital

Investors · 4

Frequently asked questions

What does Basic Capital do?
Basic Capital offers a 401(k) retirement plan platform for employers and their employees, providing an open investment menu of over 6,000 mutual funds and ETFs, an embedded brokerage window, recordkeeping, third-party administration, and plan advisory services. The platform includes features such as Mega Backdoor Roth automation and a "Retirement Mortgage" that lets employees access long-term financing within their 401(k) to increase investing power.
Who founded Basic Capital?
Basic Capital was founded by Abdul Al-Asaad in 2021.
Who are Basic Capital's investors?
Basic Capital's investors include BoxGroup, HOF Capital, Inspired Capital, Lux Capital.