Recurring Deposit Wrap Fee Discount for Eligible Clients

Starting June 1, 2026, if you are an Eligible Client (as defined below) and you complete recurring deposits or transfers totaling at least $5,000 into one or more managed investing accounts within a calendar month ("Qualifying Recurring Deposits"), you will receive a discount of 0.05% on your annualized Betterment Wrap Fee on up to $1,000,000 of assets in your Account (the "Recurring Deposit Discount") for the next Wrap Fee Period (as defined in the Wrap Fee Schedule attached to the Betterment Advisory Agreement).

An “Eligible Client” is an existing Betterment retail client with one or more open and funded managed investing accounts who is associated with the account email address that received this offer. Clients who receive Premium Services or services through the Betterment Advisor Solutions platform are not eligible to receive the Recurring Deposit Discount. Except as modified by these terms, your Wrap Fee remains subject to the terms of the Wrap Fee Schedule.

Qualifying Recurring Deposits must be made as a scheduled recurring deposit or recurring transfer (one-time deposits and transfers do not qualify) from an external account and must be into a Betterment managed investing account. Internal transfers from a Betterment Cash Reserve account or Betterment Checking account do not qualify. In addition, deposits that are initiated but subsequently skipped, cancelled, reversed, or returned (including, without limitation, ACH returns) prior to the close of the applicable calendar month will not count as Qualifying Recurring Deposits, nor will deposits into self-directed investing accounts, Cash Reserve, Betterment Checking, health savings accounts, or 401(k) accounts (including Solo 401(k) accounts).

The Recurring Deposit Discount applies only to the single Wrap Fee Period immediately following the calendar month in which the Qualifying Recurring Deposits were made. Eligibility is re-evaluated on a month-to-month basis, and to receive the Recurring Deposit Discount in any given month, you must have met the Qualifying Recurring Deposit threshold in the immediately preceding calendar month. Betterment will determine whether the threshold has been satisfied based on its records as of the close of that preceding calendar month.

If you participate in a Betterment at Work 401(k) plan, contributions or deposits into your 401(k) account do not constitute Qualifying Recurring Deposits and will not count toward the $5,000 monthly threshold required to receive the Recurring Deposit Discount. Additionally, the Recurring Deposit Discount applies solely to the Wrap Fee assessed on your Betterment retail account(s) and does not apply to, and has no effect on, any fees associated with your 401(k) account. This offer is not employer-sponsored, is not part of any workplace benefits program, and is made solely by Betterment LLC directly to eligible clients in their individual capacity.

This offer is non-transferable. Betterment reserves the right, in its sole discretion and without prior notice, to modify, suspend, or discontinue the Recurring Deposit Discount at any time and for any reason, including by changing the discount rate, changing or eliminating the Qualifying Recurring Deposit threshold, or limiting the clients to whom the Recurring Deposit Discount is available, including if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of the Betterment Client Agreements have been violated. The Recurring Deposit Discount does not constitute a contractual commitment or guarantee of any particular rate for any current or future Wrap Fee Period.