Key answers to your questions about Betterment's pricing
What am I getting for Betterment’s investing fee?
Betterment’s investing fee provides value by offering a number of features under the hood that are designed to simplify your life as an investor and help maximize your returns. Please be aware the following information only pertains to stocks and bonds investment accounts. Dollar-based transactions/fractional shares. When you transfer money to Betterment into a stock-and-bond portfolio, your funds are automatically invested in accordance with your goal. Stock-and-bond portfolios do not contain ...Read More
What are Betterment’s fees?
Betterment offers several fee plans for our investing services. Below we’ve listed a pricing breakdown according to account type and additional fee information. Stocks and Bonds Investing Accounts Betterment’s investment advice is available for 0.25% (25 bps) per year with no minimum balance. We call this our Digital plan because you receive our advice online. For 0.40% (40 bps) per year, you can also gain over-the-phone and/or email access to our team of CFP® professionals and licensed ...Read More
Managing my account
How does Betterment calculate management fees?
Below you can read about how fees are calculated depending on your pricing plan. Please note, if you withdraw your entire balance before the end of the month or year, you’re only charged the fee for the days your money was managed by Betterment. Our fees are calculated based on your daily account balance, accrued daily, and charged monthly or upon a full withdrawal. We do not have fees for accounts with a $0 balance, so you can still keep your account open without penalty. If your total ...Read More
Can you household accounts for families?
You can household your accounts to combine your balances for the purposes of meeting minimum balance requirements for our various plans. Betterment offers automatic householding for customers who open joint accounts or establish taxpayer relationships with one another when turning on TLH+. We also offer manual householding for any two customers who reside at the same address. If you’d like to be householded, or removed from an existing household, please contact us.Read More
Will I be charged the whole annual fee if I use Betterment for just part of the year?
No, you will not. If you withdraw your entire balance before the end of the month or year, you’re only charged the fee for the days your money was managed by Betterment. Our fees are calculated based on your daily account balance, accrued daily, and charged monthly or upon a full withdrawal. We do not have fees for accounts with a $0 balance, so you can still keep your account open without penalty. To read further about how Betterment calculates fees, please visit this resource. Please be ...Read More
How do I see the remaining free time I've gained from a promotion?
You can review your remaining free time by going to your Earned Rewards. Once there, you will be able to view the “End date” for your active rewards.Read More
Where do I find the total fees paid to Betterment?
Your total fees can be found on “Activity“, filtered by “Fees”, for a customizable time frame. You can then download a CSV statement to quickly total your fees. You can also see the total lifetime management fees paid to Betterment on “Performance“, under “Total earnings.” Finally, you may find your fees detailed on your statements.Read More
What are the details of December 2022's pricing change?
Betterment is updating its Digital stocks and bonds investing account pricing plan on December 15, 2022. What’s changing for investment accounts? The base price for your combined stocks and bonds investing accounts will be $4 per month. For customers with multiple investing goals in their taxable legal accounts or IRAs, the $4 will be assessed proportionally to the goal balance. You switch to an annual price of 0.25% (25 bps) of your balance by either: Setting up a recurring deposit(s) of ...Read More
How will the pricing change affect me?
Starting December 15, 2022, you may see a new fee for stocks & bonds investing with Betterment. To determine how pricing changes will affect you, please see the questionnaire below. To get started, are you currently on our Digital or Premium plan? You can view your current plan by logging in via web browser and navigating to Settings. If Premium, your fee will remain at .40% (40 bp) per year. If Digital, continue to the next question. Are you or someone in your household eligible to ...Read More
How can I keep paying the 0.25% management fee if my balance is less than $20,000?
If you are interested in remaining in the Digital 0.25% annual fee pricing structure for your stocks and bonds investing accounts but do not yet meet the $20,000 household balance requirement, you can alternatively set up a recurring deposit of $250/month or more: Your pricing plan will switch to an annual price of 0.25% (25 bps) of your account balance The recurring deposit can be into any account, and it can be across multiple accounts as long as the monthly amount totals to $250 ...Read More