A better retirement for every American? We’re on it.

Welcome to Basic Capital Zubair Khan Zubair is a back-end engineer with experience at Amazon, Snap and Capital One. Originally from the Washington DC area, he is a proud Maryland Terp. When he’s not shipping platform features, he directs his efforts towards finessing his points so he can travel. Welcome to @getbasiccapital Zubair!

What a week! @Abude_al_asaad spoke at Pensions & Investments DC East and the Milken-EBRI Retirement Symposium. He brought a simple message with him: Be of service. To plan sponsors, to participants and to an industry that handles over ~$10T of hard earned savings

We're reaching capacity but still have a few spots left to hear from @vaneck_us 's @matthew_sigel about the outlook for digital assets and how to think about investing in crypto for the long term. RSVP on Luma!

We're sitting down next week with @matthew_sigel from @vaneck_us to talk about the state of digital asset markets, long-term investing in crypto and how these investment options are coming to retirement plans. RSVP below!

Trillions of dollars flow through ancient pipes. We're upgrading the retirement investing infrastructure. You can read about it here on our new engineering blog

This was fun.

Are you building something in SoHo? Come by Manjul on Howard Street to meet with other NYC start-ups and hang with the Basic Capital and @get_tabs team before you start your day. RSVP below!

Cordelia is a backend engineer who previously led the data engineering team at August Schools, a documentation and alerting system for school healthcare professionals. She is a New York City native. She will be helping build out our internal tooling and refining our data infrastructure.

Originally hailing from Halifax, Daniel is joining us after 5 years in the Bay Area. He is a software engineer who built scalable HIL test infrastructure at Square and Amazon Lab126. When he’s not heads-down here, he enjoys board games and West-coast swing dancing.

Catch-up contributions now have to go first to Roth accounts for high-earners. But you can still do backdoor Roth? But watch out for the pro-rata rule. Also, are you married? Do they have a workplace retirement plan? Ask yourself, who benefits from this complexity?

How it feels every time you have to log-in to you legacy provider's 401(k) portal...

Yes.

We have an official @XBusiness account!

"Dave, I live in a HCOL area, making $150k per year, but I'm struggling to save 15% of my income for retirement" "Have you considered buying 10 or 12 homes?"

The 401(k) hasn't changed much since 1979. Meanwhile, everything else has. At Basic Capital, we've built the world's most flexible 401(k) designed for modern teams.

Remember that video where we said “it takes money to make money”? We meant it. Now we’re putting that idea inside the 401(k). We invest alongside your team, giving their dollars more investing power from day one. Here’s how it works:

Proud to advocate for 401(k) innovation and President Trump's order opening private markets to everyday Americans! Our Series A, led by @forerunnervc & @lux_capital validates our mission to tackle the retirement crisis by making workers owners of the economy they're building

"Is the Solution to the Retirement Crisis More Debt?" from @n8vtaylor in @401kspecmag 401kspecialistmag.com/is-the…

"The difference between struggling to save and building real wealth often comes down to one factor." In @401kspecmag, our head of growth @n8vtaylor breaks down how financing could help turn everyday Americans into owners.

"Everyday people do not have access to use credit for a productive purpose." @Abude_al_asaad sat down with @maxwiethe to talk about why most credit products fuel consumption, and what it means to offer credit for ownership instead.

Good piece.

Here’s @matt_levine elaborating on his thoughts about Basic Capital on the Money Stuff podcast 🎧

From @wolfejosh: "We allow people to borrow for all kinds of depreciating assets, and we just accept this. We allow people to borrow for consumption . . . Why do we not allow people who are not owners of the American economy to own a piece of it? "That's really what @Abude_al_asaad's looking at, and addressing."

.@matt_levine : Basic Capital "is cool."

These asset managers keep creating more and more menu options for the average American to invest in. Stocks, bonds, real estate, now private assets!

Last month, we crossed the Hudson into the Garden State to onboard the plumbers and electricians at Service Professionals, a family-owned business w/ 100+ skilled workers that’s been operating since 1994. These are tradespeople who take deep pride in their work and have a clear, no-nonsense grasp of how building financial wealth affects their futures.

We know this model won’t be for everyone. That’s okay. But there are millions of skilled workers who aren’t financial wizards but absolutely understand the long-term impact of having more capital invested. We’re already working with: -warehouse workers in SoCal -plumbers and electricians in Union, NJ -AI startups in CA and DC They now have access to what’s essentially a mortgage for retirement — amplifying their contributions and boosting their investment power to 5x what the traditional 401(k) would normally allow. (👇 That’s our CEO Abdul explaining the product at sunrise in the Garden State.)