Betterment at Work - Detailed Review
Finance Tools
Betterment at Work - Product Overview
Betterment at Work is a comprehensive financial benefits platform designed to support the diverse financial needs of modern workforces. Here’s a breakdown of its primary function, target audience, and key features:
Primary Function
Betterment at Work is focused on providing modern 401(k) and financial benefits to help employees achieve their financial goals, particularly in retirement planning. It aims to simplify the process of managing retirement plans and other financial benefits for both employers and employees.Target Audience
The primary target audience for Betterment at Work includes small-to-medium-sized businesses and their employees. This platform is particularly beneficial for HR and benefits leaders, as well as CEOs, who are looking to attract, delight, and retain talent by offering competitive and comprehensive financial benefits.Key Features
401(k) Plans
Betterment at Work offers easy-to-manage 401(k) plans with customizable portfolios built by a team of experts and optimized with automated technology. The platform also assists with 3(16) and 3(38) fiduciary duties and integrates with payroll providers.Additional Financial Benefits
Beyond 401(k)s, the platform provides access to automated investing and savings platforms, student loan management programs, and 529 plans for education savings. Employees can also benefit from unlimited one-on-one sessions with financial planners.User-Friendly Interface
The platform includes an intuitive interface and a top-rated mobile app, allowing employees to manage their accounts easily. This includes managing investments, savings, and other financial goals all within one app.Compliance and Administrative Support
Betterment at Work streamlines the administrative process by handling compliance support and seamless payroll integrations, reducing the burden on plan administrators.Research and Education
The platform is supported by annual reports, such as the Retirement Readiness Report, which provides insights into financial wellness and retirement readiness among U.S. workers. This helps employers and employees make informed decisions about their financial benefits. By offering these features, Betterment at Work helps employers provide a comprehensive benefits package that addresses the diverse financial needs of their employees, enhancing their financial confidence and overall well-being. Betterment at Work - User Interface and Experience
User Interface of Betterment at Work
The user interface of Betterment at Work is crafted to be intuitive and user-friendly, making it accessible for both employers and employees to manage their financial benefits efficiently.
Ease of Use
Betterment at Work offers an easy-to-manage 401(k) plan interface that streamlines administrative tasks. Employers can handle payroll integrations, plan design, and administrative support with ease. The platform integrates with over 150 top payroll providers, such as Rippling, Gusto, and TriNet, which simplifies the onboarding process and ongoing management.
User Interface
The interface is characterized by its simplicity and clarity. Employees can manage their accounts through an intuitive and highly-rated mobile app, allowing them to access their 401(k) and other financial tools on the go. This mobile app provides a seamless experience, enabling users to monitor and manage their financial goals conveniently.
Additional Features
Beyond the 401(k), Betterment at Work offers a range of additional financial benefits that are easily accessible through the platform. These include student loan management programs, 529 education savings plans, and unlimited one-on-one sessions with financial planners. These features are particularly beneficial as they provide a comprehensive financial wellness package that goes beyond traditional retirement savings.
Participant Engagement
The platform includes a robust participant engagement program that helps employees maximize their benefits. This program features webinars, videos, and other educational resources to guide employees in making informed financial decisions. The engagement tools are designed to be engaging and educational, ensuring that employees are well-informed and active in managing their financial health.
Support and Transparency
Betterment at Work provides transparent pricing and ongoing service and compliance support. This ensures that both employers and employees have clear visibility into the costs and benefits of the program. The support extends from onboarding to ongoing engagement, making the entire experience smooth and hassle-free.
Conclusion
In summary, the user interface of Betterment at Work is designed to be easy to use, intuitive, and comprehensive. It offers a seamless experience for managing 401(k) plans and other financial benefits, making it an attractive solution for employers looking to provide their employees with a strong financial wellness package.
Betterment at Work - Key Features and Functionality
Betterment at Work Overview
Betterment at Work is a comprehensive financial benefits platform that offers a range of features and functionalities, particularly in the context of 401(k) plans and additional financial wellness benefits. Here are the main features and how they work, including the integration of AI:
Customizable 401(k) Plan Design
Betterment at Work allows employers to create customizable 401(k) plans with features such as auto-enrollment and auto-escalation. This flexibility helps in designing plans that fit the specific needs of the company and its employees. The plan design also includes options like vesting and new comparability, which can be adjusted to suit different business requirements.
Payroll Integrations
The platform integrates with over 150 top payroll providers, including Rippling, Gusto, and TriNet. This integration streamlines the administrative process, making it easier to manage payroll and 401(k) contributions simultaneously.
Administrative, Compliance, and Investment Support
Betterment at Work acts as a 3(38) and limited 3(16) fiduciary, providing administrative, compliance, and investment support. This means they handle the legal and regulatory responsibilities associated with managing a 401(k) plan, reducing the burden on employers.
Additional Financial Benefits
Beyond the 401(k), Betterment at Work offers additional financial benefits such as 529 Education Savings plans and 1:1 Financial Coaching. These benefits are particularly available in the Pro and Flagship plans and help employees with broader financial planning needs, including education savings and personalized financial advice.
AI-Driven Investment Portfolios
The investment portfolios are built by a team of experts and optimized using automated technology. This AI-driven approach ensures that the portfolios are continuously monitored and adjusted to optimize performance, providing employees with a sophisticated and automated investing solution.
Mobile App and User Interface
Employees can manage their 401(k) accounts and other financial benefits through an intuitive mobile app and user interface. This accessibility allows employees to monitor and adjust their financial plans on the go, enhancing user engagement and convenience.
Participant Engagement and Education
Betterment at Work includes a robust participant engagement program that provides employees with guidance on how to maximize their 401(k) benefits. This includes webinars, videos, and other educational resources to help employees make informed financial decisions.
Transparent Pricing
The platform offers transparent pricing, ensuring that employers and employees know exactly what they are paying for. This transparency helps in budgeting and planning, reducing any confusion or hidden costs.
AI Integration
While the primary features of Betterment at Work are not explicitly AI-driven in the traditional sense of machine learning or deep learning, the platform does leverage automated technology to optimize investment portfolios and streamline administrative tasks. The automated investing and savings platform uses algorithms to manage and adjust investment portfolios, ensuring they remain optimized for performance. Additionally, the integration with payroll providers and the overall administrative support are facilitated by automated systems, which enhance efficiency and reduce manual errors.
Conclusion
In summary, Betterment at Work combines customizable plan design, extensive payroll integrations, comprehensive administrative support, and additional financial benefits with the use of automated technology to optimize investments and streamline processes. This approach helps employers provide a modern and effective 401(k) and financial wellness solution to their employees.
Betterment at Work - Performance and Accuracy
Performance
Betterment at Work is praised for its user-friendly and efficient 401(k) plan management. Here are some highlights:Ease of Setup and Management
Users appreciate how easy it is to set up and manage their 401(k) plans through Betterment. The integration with payroll services simplifies the administration process, making it less cumbersome for business owners.Compliance Support
Betterment provides comprehensive support for compliance, including annual testing, contribution calculations, and preparation of Form 5500. This ensures that the plans remain compliant, reducing the administrative burden on employers.Employee Support
The platform offers extensive educational resources, such as videos, webinars, and articles, to help employees manage their finances better. Additionally, employees can access support via phone, email, or chat, with a quick average response time.Investment Options
Betterment at Work provides expert-built, curated portfolios as well as customizable investment options, giving employees the flexibility to save on their terms.Accuracy
The accuracy of Betterment at Work can be assessed through its operational efficiency and the reliability of its services:Data Accuracy
While the provided sources do not delve into specific data accuracy issues, the fact that Betterment handles compliance and administrative tasks accurately suggests a high level of data integrity. For instance, their ability to calculate contributions and prepare compliance documents accurately is crucial.Performance Metrics
Betterment’s focus on providing clear and actionable metrics, such as those related to portfolio performance, suggests that they prioritize accuracy in reporting. However, specific details on how they ensure data accuracy in these metrics are not provided in the available sources.Limitations or Areas for Improvement
While Betterment at Work is well-regarded, there are a few potential areas for improvement:Customization Limitations
Although Betterment offers customizable investment options, some users might find the range of customization limited compared to other providers. This could be an area where Betterment could expand its offerings to cater to a wider range of user preferences.Feedback and Iteration
While Betterment is known for its iterative approach to improving its services (as seen in their performance management systems), continuous feedback from users and employees could help identify and address any emerging issues or areas for improvement more promptly.Educational Resources
While the educational resources provided are extensive, there might be a need for more personalized or advanced financial planning tools to support employees with more complex financial needs. In summary, Betterment at Work performs well in terms of ease of use, compliance support, and employee resources. However, there may be opportunities to enhance customization options and gather continuous feedback to ensure the service remains aligned with user needs. Betterment at Work - Pricing and Plans
Betterment at Work Pricing Structure
Betterment at Work offers a clear and transparent pricing structure for its 401(k) plans, divided into three main tiers: Essential, Pro, and Flagship. Here’s a breakdown of each plan, including their features and associated costs.
Essential Plan
- Employer Fees: $100 monthly base fee (billed annually as $1,200) $5 monthly record-keeping fee per participant.
- Employee Fees: Approximately 0.06% estimated fund fee and 0.25% annual advisory fee on assets.
- Features:
- Payroll integrations with providers like Gusto and TriNet.
- 3(38) and 3(16) fiduciary services for administrative, compliance, and investment support.
- Ongoing support for plan administrators via email and chat.
- Webinars and emails for employees to help with setup.
Pro Plan
- Employer Fees: $150 monthly base fee (billed annually as $1,800) $7 monthly record-keeping fee per participant. There is also a one-time implementation fee of $500 for new plans or $1,000 for conversion plans.
- Employee Fees: Same as the Essential plan, approximately 0.06% estimated fund fee and 0.25% annual advisory fee on assets.
- Features:
- Everything included in the Essential plan.
- Flexible plan design features such as vesting and new comparability.
- Dedicated support from a Betterment Plan Support team member via scheduled phone calls and emails.
- Guided support for converting existing plans.
- Additional employee financial benefits: 401(k) matching on student loan payments and 529 Education Savings.
- Financial Coaching available as an add-on benefit.
Flagship Plan
- Pricing: Requires a consultation for a price estimate, as it is customized to the company’s needs.
- Features:
- Everything included in the Pro plan.
- Additional compliance support, including mid-year ADP testing.
- Dedicated, non-automated support.
- Additional employee benefits, including financial coaching.
Additional Notes
- Payroll Integrations: Betterment at Work integrates with over 150 payroll providers, including Gusto, TriNet, and others, to streamline the administration process.
- Compliance and Fiduciary Support: All plans include 3(38) and 3(16) fiduciary services, which help employers reduce their risk exposure by handling administrative and investment responsibilities.
- Financial Wellness Benefits: The Pro and Flagship plans offer additional benefits such as 529 Education Savings and 1:1 Financial Coaching, which are not available in the Essential plan.
There are no free options available, but the transparent pricing and various tiers allow employers to choose a plan that best fits their needs and budget.
Betterment at Work - Integration and Compatibility
Betterment at Work Integration Overview
Betterment at Work integrates seamlessly with a variety of payroll and financial tools, making it a versatile and compatible solution for managing 401(k) plans. Here are some key points on its integration and compatibility:Payroll Integrations
Betterment at Work has integrations with over 350 payroll providers, including major names like Paylocity, ADP, Apex, Paychex, and UltiPro. For instance, the integration with Paylocity allows for automatic creation of accounts for eligible employees and handles offboarding for those who leave the company, all with minimal administrative effort required from your team.ADP RUN Integration
The integration with ADP RUN is particularly seamless, automatically syncing new employee data, updates, and 401(k) payroll contribution data. It also pushes employee 401(k) deduction rate changes back to ADP, ensuring that all data is up-to-date without manual intervention.Automated Processes
These integrations automate many manual tasks, such as adding new employees as plan participants and updating employee data. This automation helps in simplifying the administration of both payroll and 401(k) plans, allowing you to focus on higher-value tasks.Plan Administration
Betterment at Work offers a comprehensive platform that integrates all aspects of 401(k) plan administration. This includes automatic enrollment, auto-escalation, and compliance testing. The platform also provides tools for plan sponsors, such as a plan administration dashboard, which makes managing transactions easy and intuitive.Device and Platform Compatibility
While the specific details on device compatibility are not explicitly mentioned, the platform is designed to be user-friendly and accessible. Given its web-based nature, it is likely compatible with a wide range of devices and browsers, ensuring that both employers and employees can manage their 401(k) plans from various platforms.Financial Advice and Support
In addition to payroll integrations, Betterment at Work provides personalized financial advice to employees, helping them set realistic retirement goals and manage their finances effectively. The platform also offers ongoing support from dedicated specialists and client success managers, ensuring that any questions or issues are addressed promptly.Conclusion
Overall, Betterment at Work is designed to be highly compatible and integrated with various payroll systems and financial tools, making it a streamlined solution for managing 401(k) plans efficiently. Betterment at Work - Customer Support and Resources
Betterment at Work
Betterment at Work offers a comprehensive suite of customer support options and additional resources to ensure a smooth and supportive experience for employers and their employees.
Customer Support
For any questions or issues related to your 401(k) plan, Betterment at Work provides multiple channels of support:
- You can contact the customer support team via email at plansupport@betterment.com or 401k@betterment.com.
- Phone support is available Monday through Friday from 10:00 AM to 6:00 PM ET at (855) 906-5281 or (845) 210-4371.
Onboarding Process
The onboarding process is structured to be straightforward and supportive:
- After signing the services agreement, you will receive a questionnaire to confirm basic information about your organization. This helps set up your plan in their system.
- You will then log in to your plan sponsor dashboard, where you will complete a series of onboarding tasks, including reviewing and acknowledging the Investment Policy Statement (IPS) and purchasing a fidelity bond.
- Betterment will simultaneously draft your plan document and disclosure notices, which you will review and sign once ready.
Additional Resources
Betterment at Work provides several resources to help you manage and optimize your 401(k) plan:
- Employer Resources: These include expert insights, news on retirement policy, and tips for setting up and enhancing your 401(k) plan. The resources cover topics such as integrating with payroll providers and managing benefits.
- Financial Coaching: This service offers employees one-on-one financial guidance to help them better manage their finances. This can contribute to a more confident and productive team.
- 529 Education Savings: Betterment allows you to include 529 education savings plans in your benefits package, helping employees manage education costs. These plans integrate seamlessly into your existing benefits platform.
- Plan Management: The plan sponsor dashboard serves as your central hub for ongoing plan management, where you can complete various tasks and monitor your plan’s performance.
Training and Support
Betterment at Work also offers training and support to help you make the most of their platform:
- You will have access to resources and materials that help optimize the technology at your firm, ensuring you stay productive and efficient.
By providing these support options and resources, Betterment at Work aims to make managing your 401(k) plan as easy and effective as possible.
Betterment at Work - Pros and Cons
Pros of Betterment at Work
User-Friendly Interface and Integration
Betterment at Work offers an easy-to-use interface that is straightforward for both employers and employees. It integrates seamlessly with several large payroll providers such as Workday, Gusto, ADP Workforce Now, and more, making it convenient for companies to manage their 401(k) plans.Personalized Investment Advice
The platform provides individualized portfolios based on each employee’s profile and retirement goals, using Betterment’s in-house funds. This personalized approach helps employees make informed investment decisions.Comprehensive Employee Benefits
In addition to 401(k) plans, Betterment at Work offers other financial benefits such as 529 education savings, financial coaching, and student loan management. These features support the overall financial health of employees.Administrative Relief
Betterment at Work acts as a 3(16) administrator fiduciary and a 3(38) investment fiduciary, which relieves employers of certain administrative and investment responsibilities. This reduces the risk exposure and workload for employers.Ongoing Support
The platform provides ongoing support to help employees set up and manage their plans, ensuring that the process is smooth and hassle-free.Cons of Betterment at Work
Suitability for Larger Companies
Betterment at Work is particularly well-suited for larger companies with millions in assets in their retirement plans. Smaller businesses might find other alternatives more fitting.Digital Comfort Requirement
The service is ideal for employees who are comfortable using digital technology to manage their finances. Employees who prefer traditional methods might find it less appealing.Limited Human Intervention
While Betterment at Work offers financial coaching and other support, it may not provide the same level of human intervention as traditional financial advisors. This could be a drawback for some users.Alternative Options
There are alternative 401(k) providers such as Human Interest, Guideline, Vestwell, ForUsAll, and Employee Fiduciary that might offer different features or better suit specific company needs. By considering these points, employers can make an informed decision about whether Betterment at Work aligns with their company’s financial management and employee benefit goals. Betterment at Work - Comparison with Competitors
When Comparing Betterment at Work with Competitors
Unique Features of Betterment at Work
- Customizable 401(k) Plan Design: Betterment at Work offers flexible plan design features, including auto-enrollment, auto-escalation, vesting, and new comparability. This customization helps employers create plans that fit their specific needs.
- Integrated Payroll Solutions: Betterment at Work integrates with over 150 payroll providers, such as Rippling, Gusto, and Workday, making payroll management streamlined and efficient.
- Fiduciary Support: Betterment at Work acts as both a 3(38) investment fiduciary and a limited 3(16) administrator fiduciary, reducing the employer’s liability and administrative burden.
- Additional Financial Benefits: The platform offers 529 education savings, 1:1 financial coaching, and student loan management, providing a comprehensive financial wellness package for employees.
Competitors and Alternatives
Human Interest
- Human Interest is a strong competitor, especially for small and medium-sized businesses. It offers full-service 401(k) and 403(b) plans with significant payroll integrations, similar to Betterment at Work. However, Human Interest may not offer the same level of additional financial benefits like 529 plans and financial coaching.
Guideline
- Guideline is known for charging minimal fees for employees, making it an attractive option for cost-conscious companies. While it offers necessary 401(k) administration services, it may lack the extensive additional benefits and fiduciary support provided by Betterment at Work.
Vestwell
- Vestwell offers greater plan flexibility and is often preferred by companies looking for more customizable options. However, it might not have the same level of integration with payroll providers or the comprehensive financial wellness benefits that Betterment at Work provides.
ForUsAll
- ForUsAll targets cost-conscious and fast-growing companies, offering a more affordable 401(k) solution. It is known for its simplicity and ease of use but may not offer the same depth of fiduciary support or additional financial benefits as Betterment at Work.
Traditional Providers
- Traditional providers like John Hancock, Principal, Fidelity, and Vanguard offer 401(k) administration services, often with a more traditional approach. These providers may lack the modern, AI-driven investment management and comprehensive financial wellness benefits that Betterment at Work offers.
Key Differences
- Fiduciary Support: Betterment at Work’s role as both a 3(38) investment fiduciary and a limited 3(16) administrator fiduciary sets it apart from many competitors, as it significantly reduces the employer’s liability and administrative responsibilities.
- Comprehensive Financial Wellness: The inclusion of 529 education savings, 1:1 financial coaching, and student loan management makes Betterment at Work a more holistic financial wellness solution compared to many of its competitors.
- Payroll Integrations: While several competitors offer payroll integrations, Betterment at Work’s extensive list of over 150 payroll providers is particularly noteworthy, ensuring seamless integration for a wide range of businesses.
Conclusion
In summary, Betterment at Work stands out for its customizable plan designs, extensive payroll integrations, comprehensive fiduciary support, and additional financial wellness benefits. However, other providers like Human Interest, Guideline, Vestwell, and ForUsAll offer competitive alternatives that may better suit specific business needs, particularly in terms of cost and customization.
Betterment at Work - Frequently Asked Questions
Frequently Asked Questions about Betterment at Work
What are the steps to get started with Betterment at Work?
To get started with Betterment at Work, you need to follow several steps. First, after signing a services agreement, you will receive an email with a link to a questionnaire that confirms basic information about your organization and sets up your plan in their system. Next, you will log in to your plan sponsor dashboard to complete onboarding tasks. You will also need to review and acknowledge the Investment Policy Statement (IPS), purchase a fidelity bond, and review and sign your plan document. Additionally, you will prepare for your first payroll and ensure employees’ accounts are set up.What are the different pricing plans offered by Betterment at Work?
Betterment at Work offers two main pricing plans: the Essential plan and the Pro plan. The Essential plan includes a $100 monthly base fee (billed annually at $1,200) and a $5 monthly record-keeping fee per participant, along with a 0.25% annual advisory fee. The Pro plan includes a $150 monthly base fee (billed annually at $1,800) and a $7 monthly record-keeping fee per participant, also with a 0.25% annual advisory fee. Both plans offer various benefits such as payroll integrations, fiduciary services, and support for plan administrators. There is also a Flagship plan, which requires a consultation for pricing.What services are included in the Betterment at Work plans?
The Essential plan includes payroll integrations with providers like Gusto and Trinet, 3(38) and 3(16) fiduciary services, ongoing support for plan administrators via email and chat, and webinars and emails for employees to help with setup. The Pro plan adds flexible plan design features such as vesting, additional support via phone calls, and additional employee benefits like 401(k) matching on student loan payments and 529 Education Savings. The Pro plan also offers financial coaching as an add-on benefit.What is the role of the fidelity bond in Betterment at Work?
Before your first payroll with Betterment at Work, you are required to purchase a fidelity bond. This bond is a form of insurance that protects against acts of fraud or dishonesty and is a requirement for 401(k) plans. The bond must be obtained from an insurance company certified by the Department of Treasury.How does Betterment at Work handle compliance and regulatory requirements?
Betterment at Work handles various compliance and regulatory requirements as part of their service. This includes preparing your plan document, conducting annual compliance testing, drafting Form 5500, and other compliance-related items. These tasks are covered under the annual base fee, which is billed at the time of your first payroll upload and in Q1 of every subsequent year.Can employees with existing Betterment accounts use their current login credentials?
If an employee already has a Betterment account through one of their individual products (like an IRA), the claim email for their 401(k) account will go to their personal email address. They will need to use the unique link in this email to access their 401(k) account for the first time.What kind of support does Betterment at Work offer to plan administrators and employees?
Betterment at Work provides dedicated support to plan administrators through scheduled phone calls and emails. For employees, there are getting started webinars and emails to help with the setup process. The Pro plan also offers additional support, including guided support for converting existing plans and financial coaching as an add-on benefit.Are there any additional fees associated with setting up a Betterment at Work plan?
Yes, there are one-time implementation fees. For new plans, the fee is $500, and for conversion plans, the fee is $1,000. These fees are in addition to the monthly and annual fees associated with the chosen plan.How does Betterment at Work ensure fiduciary protection?
Betterment at Work offers 3(38) and 3(16) fiduciary services, which include administrative, compliance, and investment support. This means they act in the best interest of the plan participants and provide protection against potential conflicts of interest.What types of employee benefits are available through Betterment at Work?
In addition to the standard 401(k) plan, Betterment at Work offers additional employee benefits such as 401(k) matching on student loan payments and 529 Education Savings plans. Financial coaching is also available as an add-on benefit in the Pro plan. Betterment at Work - Conclusion and Recommendation
Final Assessment of Betterment at Work
Betterment at Work is a comprehensive and modern 401(k) and financial benefits solution that caters to the diverse needs of employees and the administrative requirements of employers. Here’s a detailed look at its benefits and who would most benefit from using it.Key Benefits
Customizable 401(k) Plans
Betterment at Work offers flexible plan design features, including auto-enrollment, auto-escalation, vesting, and new comparability. This flexibility allows employers to create plans that align with their specific needs and goals.
Streamlined Administration
The platform integrates with over 150 top payroll providers, simplifies plan administration, and provides ongoing compliance and investment support. This includes serving as a 3(38) and limited 3(16) fiduciary, which can significantly reduce the administrative burden on employers.
Financial Wellness Benefits
Beyond the 401(k), Betterment at Work offers additional financial benefits such as 529 Education Savings Plans, student loan management programs, and unlimited one-on-one sessions with financial planners. These benefits are particularly valuable in the Pro and Flagship tiers.
Employee Engagement Tools
The platform includes an intuitive mobile app and a robust participant engagement program with webinars, videos, and other educational resources to help employees maximize their 401(k) and other financial goals.
Who Would Benefit Most
Employers
Small to medium-sized businesses and larger corporations can benefit from the streamlined administrative processes, flexible plan designs, and comprehensive compliance support. This can help attract and retain employees by offering competitive and modern financial benefits.
Employees
Workers seeking a user-friendly and automated investing and retirement savings solution will find Betterment at Work highly beneficial. The additional financial wellness benefits, such as student loan management and 529 plans, can address a wide range of financial needs and anxieties.
Gen Z and Millennials
These younger generations, who often face significant financial anxiety related to inflation, credit card debt, and housing costs, can particularly benefit from the comprehensive financial benefits and educational resources provided by Betterment at Work.
Overall Recommendation
Betterment at Work is an excellent choice for employers looking to offer modern, scalable, and customizable 401(k) plans along with a suite of financial wellness benefits. Its integration with top payroll providers, ongoing compliance support, and user-friendly mobile app make it a standout in the finance tools category.
For employees, the platform provides a trusted and professional investing experience, along with tools and resources to manage various financial goals. Given the high levels of financial anxiety reported by many workers, the additional benefits such as student loan management and 529 plans can be particularly valuable.
In summary, Betterment at Work is a well-rounded solution that can help employers enhance their benefits packages while providing employees with the tools and support they need to achieve their financial goals.