How does Betterment work?

Betterment helps you manage your money through cash management, guided investing, and retirement planning. We are a fiduciary, which means we act in your best interest. We'll ask a bit about you when you sign up. We'll also gather information when you connect your outside accounts. Then, we'll help you set financial goals and set you up with investment portfolios for each goal. For your long-term financial needs (like retirement, next year's vacation, or a down payment), our investment strategy utilizes low-cost ETFs (exchange-traded funds) and an adjustable risk profile based on your goal type and how long you plan to invest. For your daily saving and spending, you can use our cash management products that include Checking (which is offered by nbkc bank, Member FDIC) and Cash Reserve, a high-yield cash account.

Will I have access to real humans?

Customer support team members are available five days per week to answer questions about your account. If you want in-depth financial advice, you can talk to a licensed advisor by phone for an additional cost. Our Premium plan provides you with unlimited access and costs an additional 0.40% on your invested balances (with a minimum investing account balance requirement of $100,000).

Is my money safe at Betterment?

Betterment Securities is a Member of SIPC, which protects securities of its members up to $500K (including $250K for claims for cash). Explanatory brochure available upon request or at www.sipc.org. What you should remember is that the SIPC does not protect against market changes in your investing account. Individual Cash Reserve accounts have FDIC insurance up to $2 million and joint Cash Reserve accounts offer up to $4 million in FDIC insurance once funds are deposited into our program banks†. Funds deposited into Checking are FDIC-insured up to $250,000 for individual accounts and up to $250,000 per depositor for joint accounts, provided by nbkc bank, Member FDIC. Explore further details about FDIC insurance.

Who are the experts behind the scenes?

Our team of investing experts make decisions about our portfolio strategies and fund selection with the help of an external committee of economists, PhDs, and industry experts. More than just a portfolio management team, our experts work to develop improvements to our Tax Smart technology, our cash analysis tools, and other advanced strategies.

A better way to invest and save

Betterment is the trusted leader in automated money management. Build wealth with expert-built, globally diversified portfolios, a high-yield cash account, and tax-saving technology.

Boost your savings up to 4.50% APY* (variable) for 3 months with a qualifying deposit in your first cash account. New customers only. Terms apply.
Claim your offer
Earn up to $1,000 when you open any individual investing account (including an IRA) and complete a qualifying deposit or rollover. Terms apply. Claim your offer

Buy Side on 3.3.35 for Feb '25. Fee paid for logo use. See more.
Nerdwallet on 1.10.25 for Aug-Oct '24. See more.
Weighted avg. app store rating as of 3.6.25 (reviews since: 9.10.10 Apple, 10.30.13 Google). See more.

INVEST
Automated investing

Build wealth with diversified, expert-built portfolios.
SAVE
High-yield cash

Earn more interest on your savings with 4.00% variable APY.*
RETIRE
IRAs

Grow your retirement savings with a tax-advantaged IRA.

Investing should always be this easy.

We manage your money for you—putting our technology behind every dollar you invest—so you can focus on living your life.

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Invest the way you want

Choose from our curated portfolios or build your own—all using low-cost exchange-traded funds.
Save more in taxes

We use tax-loss harvesting to turn market dips into tax savings In fact, Nearly 70% of customers had their advisory fee covered by tax-loss harvesting.
Ongoing optimization

We monitor your investments, rebalance your portfolio, and reinvest dividends to help maximize your returns.

Based on 2022-2023. Tax Loss Harvesting+ (TLH+) is not suitable for all investors. Consider your personal circumstances before deciding whether to utilize Betterment’s TLH+ feature. Fee coverage and estimated tax savings based on Betterment internal calculations. See more in disclosures

Core Portfolio

Innovative Technology

Broad Impact

Climate Impact

Social Impact

Boost your savings with a high-yield cash account.

Don’t let traditional savings accounts keep your money from growing. Whether saving for an emergency fund or a big goal, our high-yield cash account earns interest at nearly 10x the national average.**

$0 fees

Forget any monthly or maintenance costs—what you earn is what you keep.
$2M FDIC insurance

Enjoy up to $2million ($4million for joint accounts) FDIC insurance with our program banks, subject to certain conditions. FDIC-insured up to $2M is 8x what most firms offer.
Move money with ease

Easily transfer cash to your investing account, set up recurring savings, and withdraw funds anytime you need.

Cash Reserve offered by Betterment LLC and requires a Betterment Securities brokerage account. Betterment is not a bank. FDIC insurance provided by " Program Banks ", subject to certain conditions. Learn More .

The standard insurance amount of $250,000 per depositor, per insured bank, is provided by the FDIC and is subject to FDIC requirements.

Feel confident about retirement with an IRA.

Grow your retirement savings with a tax-advantaged traditional, Roth, or SEP IRA. Get tax benefits along with our automated technology and full suite of planning tools.

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Tax benefits

We coordinate your retirement accounts for maximum tax efficiency, helping you save on taxes and grow your returns.
Lower fees

Rollovers to a Betterment IRA of low-cost ETFs can save on high 401(k) fees.
Retirement planning

We build you a personalized plan, recommend how much to save, and adjust as needed.

Excellent place to make your money work for you.”

Kathryn H.

It's a good "set-it-and-forget-it" investing tool for my family."

Casey M.

Saves the stress and hassle of managing retirement savings myself"

David S.

I like the different types of accounts offered on Betterment, the high APY on the [cash] account compared to traditional banks, and how easy it is to check my accounts on the mobile app."

Karen G.

Non-paid client of Betterment. Views may not be representative, see more reviews at the App Store and Google Play Store.

Still have questions?

Betterment helps you manage your money through cash management, guided investing, and retirement planning. We are a fiduciary, which means we act in your best interest.

We'll ask a bit about you when you sign up. We'll also gather information when you connect your outside accounts. Then, we'll help you set financial goals and set you up with investment portfolios for each goal.

For your long-term financial needs (like retirement, next year's vacation, or a down payment), our investment strategy utilizes low-cost ETFs (exchange-traded funds) and an adjustable risk profile based on your goal type and how long you plan to invest.

For your daily saving and spending, you can use our cash management products that include Checking (which is offered by nbkc bank, Member FDIC) and Cash Reserve, a high-yield cash account.
Customer support team members are available five days per week to answer questions about your account.

If you want in-depth financial advice, you can talk to a licensed advisor by phone for an additional cost. Our Premium plan provides you with unlimited access and costs an additional 0.40% on your invested balances (with a minimum investing account balance requirement of $100,000).
Betterment Securities is a Member of SIPC, which protects securities of its members up to $500K (including $250K for claims for cash). Explanatory brochure available upon request or at www.sipc.org. What you should remember is that the SIPC does not protect against market changes in your investing account.

Individual Cash Reserve accounts have FDIC insurance up to $2 million and joint Cash Reserve accounts offer up to $4 million in FDIC insurance once funds are deposited into our program banks^†.

Funds deposited into Checking are FDIC-insured up to $250,000 for individual accounts and up to $250,000 per depositor for joint accounts, provided by nbkc bank, Member FDIC. Explore further details about FDIC insurance.

A better way to invest and save

Get rewarded with extra money—on us!

Start with our most popular accounts.

Automated investing

High-yield cash

IRAs

Investing should always be this easy.

Invest the way you want

Save more in taxes

Ongoing optimization

Pick from our expert built portfolios

Boost your savings with a high-yield cash account.

$0 fees

$2M FDIC insurance

Move money with ease

Feel confident about retirement with an IRA.

Tax benefits

Lower fees

Retirement planning

As the largest independent digital investment advisor, see what customers say about Betterment

Want to know how you can make the most of your money? Take our quiz.

Still have questions?

Make your money hustle.