Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Betterment is a leading robo-advisor that helps people grow their wealth through smart, automated investing and personalized retirement planning. Its expert-built portfolios are globally diversified and continuously optimized with advanced features like dividend reinvestment, tax-loss harvesting, and rebalancing, taking the complexity out of investing. Clients can also access high-yield savings accounts with APYs up to 4.40%, paired with FDIC insurance of up to $2 million for added security. For retirement savers, Betterment provides access to Traditional IRAs for upfront tax deductions, Roth IRAs for tax-free withdrawals, and SEP IRAs tailored to self-employed individuals and small-business owners. The platform simplifies rollovers from old 401(k) or IRA accounts, helping investors reduce hidden fees and centralize their money in one place. Automated technology ensures contributions, rebalancing, and long-term growth stay on track while Betterment’s planning tools calculate how much to save based on individual life goals. Premium members gain access to Certified Financial Planners (CFPs) for personalized retirement advice and clarity on complex decisions. By combining technology, transparency, and human expertise, Betterment empowers users to plan confidently for both short-term savings and long-term retirement security.

Description

A 401(k) is a retirement savings plan set up by employers or self-employed individuals to assist both workers and business owners in accumulating funds for retirement while enjoying various tax incentives. This savings option is designed to meet diverse retirement planning needs, offering flexibility in how contributions are managed. Participants have the autonomy to determine the percentage of their salary that will be directed into their 401(k) accounts each pay period, with those contributions made before taxes are applied, allowing for potential growth without immediate tax implications. Many employers enhance this savings approach by matching a part of the contributions made by employees, which can significantly accelerate the growth of retirement funds. In addition to securing future financial stability, enrolling in a 401(k) offers distinct tax benefits for both employees and employers, such as tax deductions and tax-deferred growth on earnings. For instance, when employees allocate funds to their 401(k), these amounts are deducted from their gross income prior to tax calculations, effectively lowering their taxable income for the year. This dual benefit of saving for retirement while optimizing tax responsibilities makes the 401(k) an appealing option for many individuals and businesses alike.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Paychex Flex Yes 
Paylocity Yes 
Rippling Yes 
ADP Workforce Now Yes 
Ascentis Yes 
Bennie Yes 
Check Point IPS No 
Check Point Infinity No 
Dayforce Yes 
EmCentrix No 
Era Yes 
Gusto No 
Numeric Yes 
RightCapital Yes 
SecureW2 No 
Utluna Yes 
Workday Financial Management Yes 
Workday HCM Yes 

Integrations

Paychex Flex Yes 
Paylocity Yes 
Rippling Yes 
ADP Workforce Now No 
Ascentis No 
Bennie No 
Check Point IPS Yes 
Check Point Infinity Yes 
Dayforce No 
EmCentrix Yes 
Era No 
Gusto Yes 
Numeric No 
RightCapital No 
SecureW2 Yes 
Utluna No 
Workday Financial Management No 
Workday HCM No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Betterment

Founded

2010

Country

United States

Website

www.betterment.com

Vendor Details

Company Name

Ubiquity Retirement + Savings

Founded

1999

Country

United States

Website

www.myubiquity.com/401k/

Product Features

Alternatives

Alternatives

Fidelity Reviews

Fidelity

Fidelity Investments