Investable provides a payroll‑integrated benefit that lets employees automatically allocate after‑tax earnings into diversified, professionally managed portfolios with full liquidity and no withdrawal penalties. The SEC‑registered platform offers goal‑based investing, financial‑education tools, and low‑cost fees, while removing ERISA fiduciary responsibility for employers.
Funding
Funding not disclosed
Founders
Product
Problem
Many employees lack easy, liquid ways to invest their after‑tax earnings, leading to a financial wellness gap where people miss out on market participation and face high stress over short‑term goals. Traditional retirement plans such as 401(k)s are ill‑suited for non‑retirement objectives because of lock‑up periods and withdrawal penalties.
Solution
Investable delivers a payroll‑integrated benefit that lets workers allocate a chosen portion of each paycheck into professionally managed, diversified portfolios. Contributions are made after tax, and the accounts provide full liquidity with no withdrawal penalties, enabling employees to fund emergencies, down payments, or other life goals. The platform is a SEC‑registered investment advisor, offering bank‑grade security and eliminating ERISA fiduciary liability for employers. Built‑in financial education guides users as they invest, while transparent fees and optional employer matching keep the offering cost‑effective compared with traditional retirement solutions.
Target Audience
Employers seeking a modern financial‑wellness benefit for their workforce, and employees who want a liquid, goal‑oriented investment option beyond traditional retirement plans.
Features
- Payroll integration that automatically transfers employee‑selected contribution amounts from each paycheck
- Goal‑based portfolio selection with risk profiling aligned to individual financial objectives
- 100% liquidity and no withdrawal penalties, allowing access to funds at any time
- SEC‑registered advisory framework with bank‑grade security and zero ERISA fiduciary burden for employers
- Embedded financial‑literacy modules that educate users while they invest
- Transparent, low‑cost fee structure and optional employer matching to enhance employee retention