Questions about our pricing:

• How are the fees taken from my account?

  Fees are taken right from your Betterment Investing account at the end of each month. No action is required on your part, and we'll never charge fees if you don't have a balance. Our fees are calculated based on your daily balance of assets under management and assessed monthly, and add up to $4/month or 0.25% annually for investing accounts, and 0.65% for our Premium plan.  
   
  If a client’s account exclusively consists of mutual funds, due to small price fluctuations in mutual funds that may occur on the transaction date, Betterment will accrue any fees over- or under-assessed and apply the difference to adjust the following period’s fee.

• Are there discounts if I hold a high balance?

  Yes. If your eligible household investing balance exceeds $1 million, you’ll receive a discount on Betterment’s management fee, the same rates apply whether you're enrolled in Digital or Premium:

  • $1–$2 million: 0.15% (15 bps) annual fee on the portion within this tier

  • Over $2 million: 0.10% (10 bps) annual fee on the portion above $2 million

  These discounted rates apply automatically to your eligible investing balances. The Premium benefits still apply above $1 million, even though the additional 0.40% Premium fee is not charged beyond the first $1 million.
  
  Note: Balances in HSA, 401(k), Cash Reserve, checking, and self-directed investing accounts are excluded from the total balance used to determine fee discount eligibility. 

• *How does Premium pricing work?
  Premium requires a minimum eligible investment balance** of $100,000 and offers access to financial experts and exclusive benefits. The annual advisory fee is 0.65% on the first $1M, which consists of a 0.25% Digital base fee and an additional 0.40% Premium fee. Eligible investing dollars greater than $1M are charged at a discounted rate of:
  
  

  • $1–$2M: 0.15%
  • $2M+: 0.10%

  Premium benefits still apply, without the added cost, for dollars over $1M. Fees are calculated daily based on your balance and assessed monthly. They are automatically deducted from your investing account. Only eligible investment accounts are included in the balance calculation to reach these fee discounts; balances in self-directed investing, checking, Cash Reserve, 401(k), and HSA accounts are excluded.

• **What counts towards the minimum balance for Premium?

  Premium requires a minimum of $100,000 in eligible investments with Betterment per household to upgrade and maintain eligibility in the plan. Assets can be in your IRA, HSA, Solo 401(k) and taxable investing accounts. 
  
  If you have a 401(k) through an employer plan with Betterment at Work, an account with a third-party advisor through our Betterment for Advisors platform, a Cash Reserve, self-directed investing, or checking account, those accounts are not included in the minimum balance requirement, and are subject to separate fee schedules.

• Are there fees on deposits, withdrawals, or ETFs?

  Betterment will construct your portfolio with ETFs, a type of security that generally tracks a broad-market stock or bond index but trades like a stock on a listed exchange, and these ETFs have embedded fund fees. Betterment's fund selection methodology aims to keep these costs as low as possible, and the dividends paid and reflected in your account's statement already take into account the deduction of these fees by the fund. Betterment does not receive any portion of these fund fees and these fees are in addition to our management fees ($4/month, 0.25% annually for Digital, and 0.65% annually for Premium). Betterment Securities charges a flat fee of $75 for each investing account transfer to another company (outbound transfer). There is no fee to withdraw funds to your linked checking account. You are not charged any additional trading or deposit fees.

• Does it cost more to get additional help if I need it?

  Our Customer Support Team is available at no additional cost to help you with any technical or account management questions. Members of our Customer Support Team are not investment adviser representatives and are not licensed to give financial advice. Customers looking to transfer investments to Betterment have access to our dedicated transfer specialist team. If you're exploring moving $20K or more to Betterment and would like to understand your options, get advice on account set up, and ultimately have dedicated support throughout the transfer process, we offer complimentary access to our Licensed Concierge team.