Betterment Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. Accounts are subject to market risks and changes. These risks are inherent in investing and are tradeoffs you make to pursue investment returns.
With our cash management products, your money is insured by the FDIC.
Individual Cash Reserve accounts have insurance up to $4 million and joint Cash Reserve accounts offer up to $8 million in FDIC insurance of eligible cash once funds are deposited into our program banks, subject to certain conditions. Cash Reserve is available to clients of Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities.
Checking is insured up to $250,000 per depositor subject to certain conditions at nbkc bank, Member FDIC, and is provided by Betterment Financial LLC. Explore further details about FDIC insurance.