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Tax Management Features

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Is TCP available for non-Betterment portfolios?
Should my clients roll over before setting up their Tax-Coordinated Portfolio?
Is there a downside to using a Tax-Coordinated Portfolio for my clients?
Can my clients roll over into their Tax-Coordinated Portfolio after setting it up?
Can my clients use a Tax-Coordinated Portfolio with their Betterment 401(k)?
Can my clients use a Tax-Coordinated Portfolio with their Betterment joint account and/or Betterment trust?
How will the Tax-Coordinated Portfolio affect my clients’ tax forms?
How does Tax-Coordinated Portfolio affect my clients’ external accounts?
How do my clients get the most out of their Tax-Coordinated Portfolio?
What happens if my clients need to withdraw from one of their goals in a Tax-Coordinated Portfolio?
How does Tax-Coordinated Portfolio save my clients money on taxes?
How do I set up a Tax-Coordinated Portfolio for my clients?
Does Tax Loss Harvesting+ work with all portfolio strategies?
Is TLH+ automatically enabled?
Does TLH+ work with IRAs?
How does TLH+ work with multiple goals?
Who is eligible to use TLH+?
How does Tax Impact Preview work?
How will Tax Loss Harvesting+ affect clients’ tax returns?
What is Tax-Coordinated Portfolio?
Can clients use Tax Loss Harvesting+ with joint accounts?
What are the potential benefits of TLH+?
How do I turn off Tax Loss Harvesting+?
How do I set up Tax Loss Harvesting+ across my spouse’s and my account?
Can my clients change the allocation of their Tax-Coordinated Portfolio?

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Betterment Cash Reserve

*The annual percentage yield (“APY”) on the deposit balances in Betterment Cash Reserve (“Cash Reserve”) is 0.40% and represents the weighted average of the APY on deposit balances at the banks participating in Cash Reserve (the “Program Banks”) and is current as of 06/01/2020. This APY is variable and subject to change daily. See Current APY. Deposit balances are not allocated equally among the participating Program Banks. A minimum deposit of $10 is required, but there is no minimum balance required to be maintained. The APY available to a customer may be lower if that customer designates a bank or banks as ineligible to receive deposits. APY applies only to Cash Reserve and does not apply to checking accounts held through Betterment Checking. Cash Reserve and Betterment Checking are separate offerings and are not linked accounts.

See Betterment's Form ADV Part II and Terms and Conditions for additional information, including details of the deposit allocation methodology.

†Betterment Cash Reserve ("Cash Reserve") is offered by Betterment LLC. Clients of Betterment LLC may participate in Cash Reserve through their brokerage account held at Betterment Securities. Neither Betterment LLC nor any of its affiliates is a bank. Through Cash Reserve, clients' funds are deposited into one or more banks ("Program Banks ") where the funds earn a variable interest rate and are eligible for FDIC insurance. Cash Reserve provides Betterment clients with the opportunity to earn interest on cash intended to purchase securities through Betterment LLC and Betterment Securities. Cash Reserve should not be viewed as a long-term investment option.

Funds held in your brokerage accounts are not FDIC-insured but are protected by SIPC. Funds in transit to or from Program Banks are generally not FDIC-insured but are protected by SIPC, except when those funds are held in a sweep account following a deposit or prior to a withdrawal, at which time funds are eligible for FDIC insurance but are not protected by SIPC. See Betterment Client Agreements for further details. Funds deposited into Cash Reserve are eligible for up to $1,000,000.00 (or $2,000,000.00 for joint accounts) of FDIC insurance once the funds reach one or more Program Banks (up to $250,000 for each insurable capacity -- e.g., individual or joint -- at up to four Program Banks). Even if there are more than four Program Banks, clients will not necessarily have deposits allocated in a manner that will provide FDIC insurance above $1,000,000.00 (or $2,000,000.00 for joint accounts). The FDIC calculates the insurance limits based on all accounts held in the same insurable capacity at a bank, not just cash in Cash Reserve. If clients elect to exclude one or more Program Banks from receiving deposits the amount of FDIC insurance available through Cash Reserve may be lower. Clients are responsible for monitoring their total assets at each Program Bank, including existing deposits held at Program Banks outside of Cash Reserve, to ensure FDIC insurance limits are not exceeded, which could result in some funds being uninsured. For more information on FDIC insurance please visit www.FDIC.gov. Deposits held in Program Banks are not protected by SIPC. For more information see the full and terms and conditions and Betterment LLC’s Form ADV Part II.

Betterment Checking

‡ Checking accounts and the Betterment Visa Debit Card provided by and issued by nbkc bank, Overland Park, Kansas, Member FDIC. Funds deposited into Checking will be eligible for up to $250,000 of FDIC insurance. Betterment Checking made available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any of their affiliates, is a bank. Betterment Financial LLC reimburses ATM fees and the Visa® 1% foreign transaction fee worldwide, everywhere Visa is accepted. Checking accounts do not earn APY (annual percentage yield). Betterment Cash Reserve and Betterment Checking are separate offerings and are not linked accounts.

This website is for investment professionals only. It is not intended for use by private investors.

Advisory services provided by Betterment LLC, an SEC-registered investment adviser. Betterment Cash Reserve is offered by Betterment LLC.

Brokerage services provided to clients of Betterment LLC by Betterment Securities, an SEC-registered broker-dealer and member of FINRA/SIPC.

Betterment Checking made available through Betterment Financial LLC. Checking accounts and the Betterment Visa Debit Card provided by and issued by nbkc bank, Overland Park, Kansas, Member FDIC. Neither Betterment LLC nor Betterment Financial LLC, nor any of their affiliates, is a bank.

Investments: Not FDIC Insured • No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Betterment's charges and expenses. Betterment's internet-based services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client's financial situation and do not incorporate specific investments that clients hold elsewhere. For more details, see our Form ADV Part 2 and other disclosures. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Betterment is not registered. Market Data by Xignite.

Unless otherwise specified, all return figures shown above are for illustrative purposes only, and are not actual customer or model returns. Actual returns will vary greatly and depend on personal and market conditions.

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This website and advertising is provided by Betterment LLC. To the extent that there is advertising related to Betterment Checking, such advertising is provided Betterment Financial LLC.

The information provided by Betterment Support is educational only and is not investment or tax advice.

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