Betterment is an online investment service that allows you to invest your money automatically. It was founded by two brothers who wanted to create a better way to save money.
They offer three different accounts – Basic, Standard, and Premium. The Basic account offers free investing, while the other two require a fee.
• Betterment is a free investment account that lets you invest $500 per month into stocks, ETFs, and bonds.
• Betterment automatically invests your money based on your risk tolerance and investing goals.
• With Betterment, you can invest in the stock market, exchange-traded funds (ETF), and bond markets.
• Betterment has no minimum deposit and no fees.
• Betterment is FDIC insured.
• Betterment offers 24/7 customer support via email and chat.
• Betterment uses advanced technology to analyze your investments and provide personalized recommendations.
• Betterment allows you to invest in multiple accounts at once.
Betterment is a robo-advisor that helps you invest your money with minimal effort. It automatically rebalances your portfolio, so you don’t need to worry about market fluctuations or whether you’re investing too much into one asset class. You can also set up automatic monthly contributions to retirement accounts like 401(k)s, IRAs, and Roth IRAs.