How Betterment Eliminated Third-Party Admins to Cut Costs

By Jim Probasco

When popular robo-advisor​ Betterment created Betterment for Business, which it called “the best 401(k) for employers and employees,” the company addressed several important problems. These problems have created a confusing landscape for small employers who want to treat their employees fairly and employees who want to save for retirement as efficiently and inexpensively as possible. (For more, see How Does Betterment Work and Make Money?)

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This article originally published October 21st, 2015 on Investopedia.