Earn Rewards: Sign up now and earn a special reward after your first deposit. See offer details

<title>Dismiss</title>

Betterment

Save, invest, retire

GET — On the App Store

View
<title>Dismiss</title>

Affected by the Shutdown? We’re Here to Help.

As government employees continue to persevere through uncertainty, Betterment hopes to provide financial clarity for customers.

Articles by Andrew Westlin, CFP®
By Andrew Westlin Financial Planner, Betterment Published Jan. 24, 2019
Published Jan. 24, 2019
2 min read
  • An emergency situation is never easy, but we are ready to help any government employees affected by the shutdown.

  • We’re making it easy and free to receive a brief consultation over the phone with one of our Licensed Financial Professionals.

If we’ve learned anything throughout time, it’s that nothing is certain.

While the most exciting parts of financial planning are setting and achieving goals for life’s major celebrations—buying a home, getting married, having a child, and retiring—we also must plan for uncertainty.

As we’ve moved into the second month of the federal government’s shutdown, furloughed government employees are continuing to feel the financial burden that accompanies the lack of paychecks.

You may be one of them. We’ve learned from dozens of affected customers that withdrawals from your investments are becoming necessary. Some of you have Safety Net goals, which are designed for an emergency situation like this shutdown. You might also be considering selling shares of stock, withdrawing from a retirement account, using credit cards, or taking out a loan. We want to help make these decisions easier for you, by providing guidance to help you make smart withdrawal choices.

Reach out to schedule your complimentary consultation.

Our team of financial experts is offering brief consultations to any government employee affected by the shutdown to discuss how to manage cash during this challenging time.

For all government employees interested in speaking with our team of experts, please email support@betterment.com to learn more about scheduling your consultation.

If you’re not a Betterment customer, you must set up an account first in order to receive our advice. There’s no initial deposit required or cost associated with the call—it’s complimentary.

We can’t thank our government employees enough.

For those of you continuing to work without pay, we admire your dedication and persistence.

We hope to return that commitment by striving to improve the lives of all Betterment customers, and it makes us proud to serve you as a financial partner. Remember that you’re not alone. There are 800,000 others going through the same difficulties. You also have family, friends, community, and businesses like Betterment that are here to help.

Recommended Content

View All Resources

Is Betterment Worth It? Estimating the Added Value of a Robo-Advisor

Based on our estimation, using Betterment’s retirement recommendations could earn you 38.8% more after-tax money in retirement compared to investing on your own.

Reducing Your Biggest Retirement Expense: Where You Live

You’ll probably want to retire somewhere different than where you live right now. Let’s make that part of your retirement plan.

How would you like to get started?

Manage spending with Checking

Checking with a Visa® debit card for your daily spending.

Save cash and earn interest

Grow your cash savings for general use for upcoming expenses.

Invest for a long-term goal

Build wealth or plan for your next big purchase.

Invest for retirement

Set up traditional, Roth, or SEP IRAs to save for the golden years.

See details and disclosure for Betterment's articles and FAQs.