Betterment for Business, a 401(k) robo adviser, said Thursday it entered into a partnership with HR services provider ADP to deliver a “seamless and efficient” integration with employers’ payroll and retirement plans.
Betterment for Business’ 401(k) service will be available in the ADP Marketplace, the cloud-based “app ecosystem” for human capital management. Under the agreement, ADP will provide API integration to Betterment for Business engineers who will develop a solution that automates participants’ allocation of funds from paychecks to their 401(k) plans.
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