Global News


Betterment answers your tax season questions—from 401(k)s to HSAs

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 […]
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Did Your 401(k) Plan Fail Its Compliance Test?

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 […]
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FAQ for Wealthsimple Customers

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 […]
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A Celebration of Culture Through Design

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 […]
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Tax-Aware Migration Strategies

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.  […]
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Advisor Insights

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, […]
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Financial Resources For Women’s History Month

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. […]
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