There are two different ways that people can use Icon, you still get all of the same investments and account features but there are some differences in how they're used.
This is for people using Icon through their employer as a payroll deduction. It's not a 401(k) but it has some similar features for example: your contributions happen through your employer's payroll. But unlike a 401(k) Icon is yours to keep even if you leave your employer, you just start using Icon One. This helps make sure you always have the same plan, its yours for life.
This is for people who want to set-up their own retirement plan outside of an employer. This is a good option for anyone who doesn't have access to a workplace savings account, independent contractors, self-employees and people who want to consolidate their old retirement accounts.
Icon One will launch summer of 2018.