Betterment partners with Uber for retirement savings, in bid to tap ‘gig economy’
An R Street Institute report from November 2015 stated that the current system for employee benefits is lacking for those with flexible arrangements.
“Whether or not our work environment truly is transitioning to a ‘gig economy’ — marked with transient relationships between employers and contractors — or whether most people are still going to work in full-time jobs for stable employers, our present retirement-saving system clearly serves transient workers poorly,” it stated. The best way to redesign retirement is to erase the distinction between employer-sponsored retirement accounts and those the individual manages.
