Global News

It’s tax time! Read on as Eric Bronnenkant, Betterment’s Head of Tax, and Nick Holeman, Betterment’s Head of Financial Planning, discuss common tax queries. Which combination of retirement accounts will likely provide this particular client the most beneficial tax savings over their lifetime?  Nick: The words of this sentence were chosen very carefully because it’s […]

Compliance Failure Q&A Q: First things first: what exactly is 401(k) compliance testing and when is it performed? Sometimes called “non-discrimination” testing, compliance testing is conducted shortly after the close of a plan year, so roughly mid-January through mid-April for calendar year plans. In short, a 401(k) plan must pass these tests each year to […]

TABLE OF CONTENTS Transaction Details and Transfer Process Fees and Taxes Taxable Accounts, Save Accounts, and Traditional / Roth / SEP IRAs Other Account Types Portfolio Comparison Other Questions Transaction Details and Transfer Process What is happening to my Wealthsimple account? Wealthsimple has made the decision to no longer provide investment advisory services in the […]

These articles are maintained by Betterment Holdings Inc. and they are not associated with Betterment, LLC or MTG, LLC. The content on this article is for informational and educational purposes only. © 2017–2021 Betterment Holdings Inc. Mai Nguyen and Cat Gonzalez, AoB Leadership Asians of Betterment (AoB) is an Employee Resource Strategy Group (ERSG) that […]

When I first started in the 401(k) business and heard someone express the need for a special seminar on women and investing, I balked. Why do we need to talk about saving and investing to women differently than we do to men? As I quickly learned: the need to save for retirement is even more […]

Whether you experienced the virus yourself, cared for sick loved ones, lost your job, had work fundamentally change, or assumed new roles in your household as kids stayed home from school and daycare, it goes without saying that no one is going to walk away from the COVID-19 pandemic untouched. That being said, data regarding […]

Betterment for Advisors allows advisors to specify trading migration strategies to easily transition their clients’ portfolios or investment allocations. Advisors have three options when migrating a client to a different portfolio or changing their allocation — each with its own tax-optimization strategy. Advisors can preview the tax-impact effects of their elections before submitting the change.  […]

Nick Jenkins, VP & Partner at Lewer Financial Advisors, partners with Betterment for Business to provide high-tech, low-cost 401(k) solutions to his clients. Can you briefly describe your advisory practice and the kinds of clients you serve? Nick: Lewer Financial Advisors is a part of Lewer Companies, a group of companies serving business owners, families, […]

Even though cryptocurrencies have only been around for a short period of time, it’s abundantly clear that they’re here to stay. As a financial advisor, we at Betterment want to share our guidance on how to invest responsibly in cryptocurrency, if that’s something you choose to do. Fortunately, Betterment has a set of five universal […]

What better way to celebrate Women’s History Month than by considering women’s financial well-being? Though many women are increasingly independent, they’re also often supporting both themselves and other family members. General financial planning often ignores gender-specific issues that continue to challenge long-term financial security for women. Here’s Betterment’s guide to help you navigate the month. […]