Icon

Icon is a fintech company that offers a portable, all-digital retirement savings platform tailored for modern workforces, including W2 employees and 1099 contractors. The company aims to improve access to retirement savings by providing a simplified and inclusive alternative to traditional 401(k) plans. This approach reduces administrative burdens for employers while enhancing portability and control for savers. Icon's core product is the Portable Retirement Plan (PRP), which replaces traditional 401(k) plans with portable Individual Retirement Accounts (IRAs). These accounts allow employees to carry their retirement savings from job to job without the hassle of rollovers or paperwork. The all-digital platform automates account setup, contributions, and investments, making it easier for small and midsize businesses to offer retirement benefits without complex administration. Icon primarily serves small businesses and workers in the gig economy, providing a seamless and flexible retirement savings option.