Deposits

The primary way to fund your Betterment account is via ACH transfer from a linked bank account. However, deposit methods and requirements vary by account type, and general ACH instructions may not apply to all accounts. For account-specific details, select the destination account type: Taxable Investing Cash Reserve Betterment Checking IRA 401(k) HSA 529 ACH Transfer Instructions for Deposits Using the Mobile App: Log into the Betterment mobile app. Click Move Money on the home page. Select ...

How do I deposit into Cash Reserve? The primary way to fund your Cash Reserve account is via ACH transfer from a linked bank account. We do not accept credit or debit cards for deposits. How to Deposit Funds Using the Mobile App Log into the Betterment app. Tap Move Money. Tap Deposit and follow the prompts. Using a Web Browser Log in to your Betterment account. Click Deposit in the upper-right corner of your Home page. Select the account and enter the deposit amount. Confirm your transaction. ...

Depositing funds from your Optum Bank HSA to Betterment must be initiated directly through Optum Bank. HSA transfers cannot be initiated through Betterment. Follow the steps below to complete your transfer. How to Deposit from Your Optum Bank HSA to Betterment Log in to your Optum Bank account online, or call their customer service at 866-234-8913. Their team is available 24/7 to assist you. Follow the instructions provided by Optum Bank to initiate your deposit to Betterment. HSA Deposit ...

How Do I Deposit into a Taxable Investing Account? The primary way to fund your taxable investing account is via ACH transfer from a linked bank account. We do not accept credit or debit cards for deposits. How to Deposit Funds Using the Mobile App Log into the Betterment mobile app. Click Move Money on the home page. Select Deposit and complete the prompts. Using a Web Browser Log in to your Betterment account. Click Deposit in the upper-right corner of your Home page. Select the account and ...

How do I fund my 529 account? If Betterment integrates with your 529 plan, you can make recurring or one-time payments to your linked 529 account. These payments can be set up from a bank account or through payroll deductions. 529 Account Funding Methods 1. Bank Account Transfers You can make one-time or recurring 529 payments from a linked bank account. Steps to fund your 529 account via bank transfer: Using the Mobile App: Visit your Home page. Tap Move Money. Tap Deposit. Enter the deposit ...

Betterment offers three types of IRA deposits that you can initiate in your account: 1. One-Time IRA Deposits A one-time deposit lets you make a single contribution to your IRA for a specific tax year. Tax Year Options for IRAs: Before the tax filing deadline, you can contribute to last year or the current year. After the deadline, contributions apply only to the current year. Processing Time: IRA deposits typically complete in 3–5 business days. 2. Recurring Deposits into an IRA Recurring ...

How to Fund Your 401(k) Account 401(k) contributions are automatically deducted from your paycheck and sent to your Betterment account. Unlike IRAs, 401(k)s cannot be funded with bank or wire transfers. Here's how to manage your 401(k) contributions: How to Change Your 401(k) Contribution Rate To edit your 401(k) contribution rate using a web browser: Log in to your Betterment account. Select your Retirement account from the left-hand menu. Go to the “Recurring transfers” section to view your ...

Betterment offers several ways to fund your Checking account, including transfers from a linked bank account, ACH transfers initiated from your bank, direct deposit, and mobile check deposit. Funding Options for Checking 1. Transfer From a Linked Bank Account Easily move funds from a bank account already connected to Betterment. If you don’t have a linked bank yet, you’ll be guided to connect one during the process. Using Mobile App: Visit your Home page. Tap Move Money. Select Deposit. Using ...

Does Betterment Accept Checks? Betterment does not accept personal checks for deposits or withdrawals in most cases. Additionally, cashier’s checks are not accepted. However, there are exceptions for specific account types. When Does Betterment Accept Checks? Checking Accounts You can deposit checks into your Betterment Checking account using Mobile Check Deposit if you qualify. Learn how to qualify for Mobile Check Deposit and how to deposit checks into Checking. 401(k) and IRA Rollovers For ...

Does Betterment Support Wire Transfers? Yes, Betterment supports wire transfers for deposits into Taxable Investing, IRA, and Cash Reserve accounts. However, we do not support outbound wire transfers or international wire transfers. How to Generate Wire Transfer Instructions To deposit funds into your Betterment account via wire transfer: Log in to Betterment using a web browser. Navigate to the "Transfers" section from the left-hand menu. In the "Other ways to transfer" section, select "Wire ...

How to set up direct deposit into Checking Direct deposit is available only for Betterment Checking accounts. If you'd like to set up direct deposit for your paycheck, follow the steps below. Check with your employer: Follow your employer’s process for setting up direct deposit, typically through a form or online portal. Confirm when the direct deposit change will take effect. Provide your account details: Share your Checking account and routing numbers with your employer. If accepted, use ...

How can I manage my auto-deposit? You can easily turn on, turn off, adjust, or skip your auto-deposit settings directly from your Betterment account. Key Information About Auto-Deposits Initiation Date: Auto-deposits are initiated on the date you set, and funds are generally invested on the next market day. Notification: Betterment will email you the day before a scheduled auto-deposit with an option to adjust or skip it. How to Manage Your Auto-Deposit How to Turn On an Auto-Deposit Using the ...

Is mobile check deposit available for my Checking account? Mobile check deposit may be available to eligible Betterment Checking customers. To determine your eligibility, follow these steps: Ensure your app is up to date: Download the latest version of the Betterment mobile app from the App Store® or Google Play™. Meet the following requirements: You must have been a Betterment customer for at least 30 days. You must have received direct deposits into your Checking account totaling $500 or more ...