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Uber tests program to help drivers save for retirement

August 25, 2016

Via: CNN

Uber has a new message for its drivers: We want you to save for retirement.

Uber is partnering with investment app Betterment to allow some of its drivers to sign up for free retirement accounts.

“Many Americans are having trouble saving for retirement,” says Rachel Holt, Uber’s regional general manager in North America. “We’ve talked to a lot of drivers. It’s something they’ve mentioned.”

Starting Wednesday, Uber drivers in four places — Seattle, Chicago, Boston and New Jersey — will be able to sign up for a Betterment IRA (individual retirement account). All fees will be waived for the first year.

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