Betterment teams with Lumity on retirement, financial wellness benefits

Published Updated 3 Min Read

Muni bonds are a good alternative to annuities and other fixed-income vehicles for generating tax-free income, an expert says.
Bloomberg News

If the pandemic has taught employers anything, it’s that cookie cutter benefits aren’t enough to keep employees happy and secure, especially when it comes to their financial wellness. Employees are looking for more robust benefits that will help them get through today’s challenges, while also protecting their futures.

Betterment’s 401(k) business has teamed up with Lumity, an employee benefits and health insurance marketplace, to offer a retirement plan and suite of financial wellness tools. By teaming with Betterment, Lumity is making it easier for employers to offer employees a robust 401(k) plan, without ignoring their other financial goals.

Amanda Schiavo
Associate Editor

Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form