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 shall promptly destroy personal information without delay when the retention period has expired or when the purpose of processing has been achieved, and the personal information is no longer necessary.
When Personal Information is no longer needed for the purposes for which it was collected, we securely delete, anonymize, or put it beyond use.
each Party will, upon written request, return or destroy all Confidential Information of the other Party in its possession or control.
"To the extent you enter identifying information as part of the account application process, we are required by law to store that information to comply with federal regulations.Excerpt from Betterment's Privacy Policy
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The clause states: “To the extent you enter identifying information as part of the account application process, we are required by law to store that information to comply with federal regulations.”
ConductAtlas has identified this type of provision across 267 platforms. See the full comparison.
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