Drivers can pick between conventional or Roth Individual Retirement accounts by means of Betterment's online administrations.
Already, Uber hasn't precisely treated its drivers with the same sort of appreciation and reasonableness you'd anticipate from a business of its stature. With a few claims in progress encompassing the organization's shirking of offering customary advantages, it appears like Uber could at long last be stepping in the right course with its association with Betterment, in any event regarding overseeing funds.
Advancement is a firm that offers robotized contributing answers for clients, a startup with more than 175,000 clients and over $5 billion in resources. It's putting forth Uber drivers conventional or Roth Individual Retirement accounts, as indicated by their inclinations.
Uber's armada of 300,000 drivers will both advantage from Betterment and offer an aid for the startup thusly. Adaptable retirement accounts through the administration will be offered to the primary year only to Uber drivers, which could guarantee those with records keep on using the administration regardless of the fact that they choose to part with the organization later on.
Drivers in Seattle, Chicago and Boston will access Betterment initially, with whatever is left of Uber's drivers the country over joining in at a later date.
Uber's absence of 401k or protection for its representatives, which are thought to be self employed entities, has been a subject of verbal confrontation among ride-sharing organizations, to be specific Juno, which has made it a point to rival Uber by treating its drivers better, going so far as paying Uber drivers $25 a week to switch sides, in a manner of speaking.
Offering its drivers Betterment's administrations doesn't mean Uber is doing a turn around or anything like that, yet it could mean a brighter future for its drivers if the organization proceeds down this way.