Uber would rather give drivers lots of small benefits than make them real employees

By Alison Griswold

Uber has partnered with Betterment, a startup that manages financial assets with algorithms, to provide easy Individual Retirement Account signups for drivers who want some security during their golden years. The program lets drivers open a Betterment IRA or Roth IRA through the Uber app with no minimum account balance and, for the first year, no fees. It is rolling out to Uber drivers in Seattle, Chicago, New Jersey, and Boston, Uber said today (Aug. 24).

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This article originally published August 24th, 2016 on Quartz.