Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details


Refer 3 friends and get 1 year free when they fund an account

Refer friends to earn a special offer

Give your friends and family a smarter investing experience.

For every friend who funds, you get 30 days free, and each friend gets 3 months free. As a bonus, when your first 3 friends fund, you get an extra free year.

As a thank you, we'll reward you and your friends with a special referral offer.

What can Betterment give your friends?

Low Costs

Higher expected take-home returns over time with expense ratios well below the industry average.

Personalized Advice

Betterment will recommend a personalized strategy for their financial goals. Create goals to save for retirement, a house, to build wealth, or all of the above.

Tax-Efficient Investing

Automatic investment of deposits and dividends keep their portfolio balanced, reducing the need to trigger gains through rebalancing.

Give your friends and family a smarter investing experience.

Refer a Friend

Explore your first goal

Cash Reserve

Our high-yield account built to help you earn more on every dollar you save.

Safety Net

This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.


Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.

General Investing

If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.

Are you on track for retirement?

Try our retirement calculator to see if you're retirement-ready.

Could your 401(k) be worth more?

Learn how rolling over an average 401(k) to a Betterment IRA could mean 60% lower fees.

Want more retirement guidance?

Read the latest on investing for retirement on our Resource Center.

Terms and Conditions

Through the Betterment Refer a Friend Program you can invite friends to sign up for a Betterment account by sending them an invitation via the Betterment interface.

Please send invites only to people you know personally who will be glad to get them. Betterment will send one invite and up to two reminders to each friend you invite: (1) in your name; and/or (2) with your name. The reminders may be different from the original invite and can be canceled by emailing

For each "Qualifying New Account" (as defined below) Betterment will waive its fees applicable to your Betterment investment accounts for a period of 30 days, and Betterment will also waive its fees applicable to your Betterment referee friend's investment accounts for a period of 90 days, both such periods as determined by Betterment. For the third "Qualifying New Account" that you refer, Betterment will waive its fees applicable to your Betterment investment accounts for an additional year. This offer only applies to investment accounts and does not apply to cash in Betterment Everyday Cash Reserve or Betterment Everyday Checking.

Once you have referred five Qualifying New Accounts (and received the associated fee waivers), you will no longer be eligible for future fee waivers. Even when you are not eligible to receive a fee waiver, you will be permitted to send invites to friends and they will be eligible to receive fee waivers through the Betterment Refer a Friend Program.

Subject to the limitations above, a "Qualifying New Account" is a new individual Betterment investment account opened by your Betterment referee friend using the special designated link from your invitation, which your referee friend funds with an initial deposit within 45 days of signup. Betterment is not responsible for incorrect entry or other failure on the part of your referee to meet the standards of a Qualifying New Account.

Employer-sponsored retirement accounts provided through Betterment for Business are not Qualifying New Accounts. If you are a participant in your employer's retirement plan through Betterment for Business, and also have a personal Betterment account, only your personal account will receive fee waivers under the Betterment Refer a Friend Program. Accounts advised through the Betterment for Advisors platform are also not Qualifying New Accounts or eligible for fee waivers through this program, and if you become advised through the Betterment for Advisors platform during a period in which Betterment is waiving the fees applicable to your account under the Refer a Friend program, Betterment will not waive any fees following such date. This promotion does not apply to any fees charged by an advisor you are matched with through the Betterment Advisor Network. Free time applies only to management fees charged by Betterment for investment advisory services and does not include any fees and expenses charged to shareholders by the Funds held in your Betterment account.

This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. residents only. Betterment reserves the right to terminate this offer at any time for any reason, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, that any rules or regulations would be violated, or that any terms of the Betterment Account Agreements have been violated.

In referring friends to open a Betterment account you are acting on behalf of Betterment and under the supervision and control of Betterment. You agree to limit the information you provide in connection with the referral to the referral web page and email provided by Betterment and further agree that you will not provide individuals with recommendations regarding their specific needs or investment decisions. You agree that your participation in the Betterment Refer a Friend Program will conform to the terms contained herein as well as the provisions of the Investment Advisors Act of 1940, 15 U.S.C. 80b-1, the Employment Retirement Income Security Act of 1974, 29 U.S.C. ch. 18, and the rules thereunder. You hereby represent that: (1) you are not subject to any statutory disqualification set forth in Sections 203(e) and 203(f) of the Investment Advisors Act (or any amended or replacement regulatory provision(s)); (2) you are not currently the subject of any investigation or proceeding which could result in statutory disqualification; and (3) you do not have a "place of business" at which you regularly provide investment advisory services, solicit, meet with, or otherwise communicate with clients, or any other location that is held out to the general public as a location at which you provide investment advisory services, solicit, meet with, or otherwise communicate with clients in any U.S. state. If you cannot accurately make the preceding representations, you may not participate in the Refer a Friend Program. If you are currently participating in the Refer a Friend Program and the preceding representations become inaccurate, you agree to immediately inform Betterment at