From siliconbeat, Marissa Kendall reports that Uber drivers in some cities will be able to open IRAs with no minimum balance. Marissa writes:
San Francisco-based Uber on Wednesday said drivers in a handful of cities can use the app to open IRAs with no minimum account balance. The accounts will operate through an Uber partnership with investment service Betterment, and drivers will pay no fees for the first year.
“With Uber, you can push a button and get work,” the company wrote in a blog post. “And now, drivers can use the same innovative app that gives them complete control over their time and schedule to have the opportunity to take control of their financial future as well.”
The service is rolling out first in Seattle, Boston, Chicago and New Jersey, and Uber has plans to expand the offering nationwide.
Read the full storhy at Uber offers drivers quasi employee perk: access to retirement accounts