SPECIAL OFFER Earn $100 when you start investing in your 401(k)
Take a step towards building a better financial future for yourself and get paid while doing it. Terms apply.
It’s as easy as 1-2-3
- Activate your account. If you haven’t logged in before, this is your first step.
- Set a contribution rate. You need to contribute at least $50 into the 401(k) to qualify for the reward.
- Open a Cash Reserve account. This is where we’ll deposit your $100.
Just finish these steps before December 31, 2024. Then your $100 will be deposited in early February. Cha-ching!
FAQ
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- If you’ve been eligible to contribute to your 401(k) plan for more than 30 days (as of 9/9/24 or earlier), haven’t yet funded your account, and your employer is participating in this program, this incentive is for you.
- Beginning 10/16/24, you can double-check your eligibility by visiting our Rewards Center. If you’re eligible, you’ll see the offer listed there.
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If you’re not sure, head to betterment.com and try to log in; if you’ve never logged in before, you’ll get an error message. Head to betterment.com/accountaccess to get started.
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Once you set a contribution rate, it will typically take 1-2 payroll cycles for the contributions to start coming out of your paycheck and into your 401(k).
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The last payroll of the year counts, e.g., if your contribution comes out of your 12/31 paycheck that is most likely fine, as long as the contribution settles into your account by 1/14/2025.
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There is no fee charged to you for using Betterment’s Cash Reserve account. And you’ll always have access to your cash (you’ll sync the account to a funding source, typically a checking account). Cash Reserve is only available to clients of Betterment LLC, which is not a bank, and cash transfers to program banks are conducted through the clients’ brokerage accounts at Betterment Securities. See Cash Reserve for more information.
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Our team can be reached at support@betterment.com.