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Discover Betterment: Your Path to Smart Investing and Savings

Betterment is an innovative financial platform designed to simplify saving and investing for individuals. By offering tailored portfolios, automated investing, and high-yield cash accounts, Betterment enables users to efficiently grow their wealth. The platform also provides valuable planning tools to help individuals meet their financial goals with ease.

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FAQs

What services does Betterment offer?

Betterment provides a range of services including automated investing, cash management products like high-yield cash accounts, and retirement planning through tax-advantaged IRAs.

How does Betterment help users grow their money?

Betterment helps users grow their money by offering expert-built, diversified portfolios, automated rebalancing, and tax-efficient strategies, including tax-loss harvesting, to maximize returns.

Is my money safe with Betterment?

Yes, Betterment Securities is a member of SIPC, providing protection for securities up to $500,000, and individual Cash Reserve accounts have FDIC insurance up to $2 million.

Can I access human advisors through Betterment?

Betterment offers access to licensed advisors for in-depth financial advice through its Premium plan, which requires an additional fee.

What is the annual percentage yield (APY) for Betterment's cash accounts?

Betterment's Cash Reserve account currently offers a variable APY of 5.00%, significantly higher than the national average savings account interest rate.

Q: How often does Betterment experience outages?

A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.

Q: How long do Betterment outages typically last?

A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.

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