Betterment at Work Guideline Offer Terms & Conditions

This offer is only available to eligible Guideline-serviced tax-qualified 401(k) plans (a “Plan”), with at least 20 Active Employees in the plan and at least $500,000 in Plan assets under management, who execute the Betterment at Work Master Services Agreements and Statement of Work within 30 days of receipt of this offer to convert to a Betterment at Work Pro or Flagship 401(k) plan (a “Qualified Plan”). “Active Employees” is defined as currently employed and active participants already contributing to the plan. “Guideline” means Guideline, Inc., Guideline RK, LLC, Guideline Investments, LLC, and any of their affiliates. Additionally, 401(k) plans will need to convert the plan to Betterment at Work-approved plan documents.

If your plan is a Qualified Plan, the Plan will automatically receive a discounted annual investment management fee on Plan assets equal to the greater of (i) the annual account fee charged by Guideline or (ii) 0.08% (the “Discounted Fee”). Betterment reserves the right to request evidence of the annual account fee charged by Guideline to the Plan as a condition to apply the Discounted Fee.

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 that Plans 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 Agreement, Betterment Participant Terms & Conditions and/or any other Betterment agreements have been violated. Please see additional information at www.betterment.com. Terms are subject to change.