Lyft × Honest Dollar: Introducing Savings and Retirement Solutions for Lyft Drivers

Lyft × Honest Dollar: Introducing Savings and Retirement Solutions for Lyft Drivers

We hear from drivers every day who use Lyft to help secure a bright future, from paying tuition to saving for a first home. Today, we’re excited to launch a partnership with Honest Dollar to deliver a first-of-its-kind solution for savings and retirement plans, too.

Honest Dollar is an easy, affordable investing platform built with independent contractors in mind. Starting today, everyone who drives on the Lyft platform can look forward to:

  • Exclusive discounts, with no hidden costs. Drivers will enjoy access to plans for just $3/month (compared to the non-driver rate of $8/month), without the complex fee structures found in many retirement plans.
  • Seamless transactions. Honest Dollar’s mobile app makes it easy to link a bank account for easy debits and credits, so drivers can invest on the go.
  • Financial education. Empowering drivers to make great investing choices, Honest Dollar also offers access to ongoing financial education, too.

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 solutions to give our drivers greater peace of mind.

We’re excited to add to add Honest Dollar to our growing lineup of partnerships: eHealth, to give drivers easy access to the nation’s largest health insurance exchange; Allstate, to offer free or discounted roadside assistance; Verizon to cut down the costs of their devices and monthly cell phone bill; Intuit to help with tax preparation; and many more. We’re excited to keep up the momentum.

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