We hear from drivers every day who use Lyft to help secure a bright financial future, including many who want help with savings and retirement plans. Today, we’re excited to deliver a first-of-its-kind solution through our new partnership with Honest Dollar.
Built for independent contractors, Honest Dollar is a savings platform that now offers discounted plans and education just for Lyft drivers. Head to the driver dashboard to sign up through our Accelerate rewards program.
Here’s what you can look forward to from Honest Dollar:
- $1 plans for the first 10,000 drivers. To sweeten the deal, Honest Dollar is offering all savings and retirement plans for just $1/month through the end of 2016 for the first 10,000 Lyft drivers who sign up.
- Affordable plans for everyone. After the $1/month offer ends, all drivers can still enjoy an exclusive discount, paying just $3/month compared to the non-driver rate of $8/month.
- No hidden costs. Honest Dollar has eliminated the complex fee structures found in many retirement plans. It’s free to set up an account, and you won’t start paying the monthly amount until you start investing.
- Seamless transactions. You can link your bank account directly to Honest Dollar for easy debits and credits, and use their mobile app for investing on the go.
- Financial education. Whether you’re already a finance whiz or just getting started, you’ll now have access to ongoing education that empowers you to make smart investments to meet your savings goals.
Everyone has different reasons for driving and different goals for the future. It’s one of the things that makes Lyft great, and it’s what inspires us to continue creating innovative partnerships to give you greater peace of mind — including with Allstate, Verizon, eHealth, Intuit, and now Honest Dollar. We’re excited to keep up the momentum, freeing your time to focus on enjoying the ride.