Why should you invest in your 401(k)?
Welcome to Betterment. Your employer chose us to manage your 401(k) because we make saving for retirement simple.
What's a 401(k)?
It's a popular type of account to save and invest for retirement.
And why is it used by so many people?
Three main reasons.
First, you can contribute significantly more to it than an IRA, another type of tax advantaged retirement account. So much so that it's likely to be your main source of income when you retire.
Second, you contribute to it automatically from your paycheck.
So it's one less thing to think about.
Last but not least, when invested wisely, your 401(k) can unlock the power of compound interest.
History has shown that's how you start to see the snowball effect.
For all these reasons you don't want to wait another day to get started saving for retirement. And Betterment is here to help. Tell us a little bit about yourself and within minutes you'll be up and running with personalized advice.
Our goal is to keep your portfolio optimized based on your unique needs and help you stay the course in good markets and the not so good.
Our automated technology could also help lower your tax bill.
These perks and more are available in your new Betterment 401(k). It's ready and waiting for you. But first you need to claim it. Keep your eyes peeled for an email from Betterment with a secure link to claim your 401(k). That's all you need to get started, and we'll be here with you every step of the way. If you have questions in the meantime, don't hesitate to reach out.