This analysis describes what Betterment's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
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We may continue to retain some information even after you delete your account if we are required to do so in order to comply with applicable laws.
We store the information we collect for as long as it is necessary for the purpose(s) for which we originally collected it.
Your personal information will be retained only for as long as necessary to fulfill the purposes for which it was collected or as required by Nigerian law. When we destroy your personal information, we do so in a way that prevents that information from being restored or reconstructed.
"Certain personal information that we collect and use to provide you with financial services, and which Betterment is obligated by federal law and/or regulations to retain, cannot be deleted upon request.Excerpt from Betterment's Privacy Policy
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The clause states: “Certain personal information that we collect and use to provide you with financial services, and which Betterment is obligated by federal law and/or regulations to retain, cannot be deleted upon request.”
ConductAtlas has identified this type of provision across 267 platforms. See the full comparison.
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