Betterment at Work Closing Credit Terms

This offer is only available to new and conversion tax-qualified 401(k) plans, with more than 50 Active Employees in the plan, who execute the Betterment at Work Master Services Agreements and Statement of Work between August 1, 2024 and October 31, 2024 (a “Qualified Plan”). “Active Employees” is defined as (i) eligible participants for new 401(k) plans, and (i) active participants already contributing to the plan for conversion plans. Additionally, 401(k) plans will need to establish or convert the plan to Betterment at Work-approved plan documents.

If your plan is a Qualified Plan, a credit will be automatically applied to your plan fees at onboarding, and any excess amount of credit will be applied to offset future plan fees. This offer cannot be applied to fees assessed to individual participant accounts and cannot be applied to fees charged by a third-party Advisor servicing your plan. The amount of the credit will vary depending on the number of eligible employees in your plan.

This offer is non-transferable, available to plans only in the U.S., and can be revoked by Betterment at any time. This offer does not favor highly compensated employees. Tax information provided by Betterment is not a substitute for the advice of a qualified tax advisor. You should consult with your tax advisor to discuss tax-related concerns. 

Betterment reserves the right to limit the discounts you are eligible to receive, and to refuse or recover a discount 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 at Work Master Services Agreements, Betterment Participant Terms & Conditions and/or any other Betterment agreements have been violated. Please see additional information at www.betterment.com.