Honest Dollar

Honest Dollar

by Goldman Sachs

27 ratings
12 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
Honest Dollar screenshot #1 for iPhone
Honest Dollar screenshot #2 for iPhone
Honest Dollar screenshot #3 for iPhone
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About

This digital platform simplifies retirement investing with an intuitive interface and automatic contribution options. It leverages extensive financial experience to help users select portfolios and fund IRAs based on their individual needs and goals.

Simplified retirement investing
Intuitive interface
Automatic contribution options
Personalized portfolio selection
IRA funding
Leverages Goldman Sachs experience
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What's New in Honest Dollar

2.8.9

November 13, 2019

Minor enhancements.

User reviews

Behind the Times

I opened this account because of the competitive brokerage fee, but am quite disappointed in the overall experience of using the app. It doesn’t have a Face ID login, for example, requiring you to enter your full email and password each time you log in. Once you’re in, it is incredibly difficult to discern what the rate of return has been on your investments. I have to hand calculate my total contributions and subtract that from my total. It also appears to be one of the few financial apps that doesn’t sync up with Mint, leaving my overall financial snapshot without a key component. I’m glad it auto-regulates your contributions so you don’t accidentally contribute more than the legal limit. Overall, the app is not user friendly and makes the status of your investment quite opaque. It’s quite a hassle to transfer IRA accounts but I’ll make the effort because this is just so poorly designed.
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Poor app, poor Investment management

Very poor app experience with limited ability to do much of anything - can’t Check returns, can’t add money. No modern app features like facial log in. Overall bad company.

Great App but can’t save a simple login

Glad to see a consumer friendly IRA app led by Goldman Sachs. It’s frustrating that I need to login every time and this also prevents me from adding my login to Mint to track all my accounts.

Won’t let you take your money out fast

Takes days and weeks for them to process anything.

Stay away

Make login easier

You need to add facial login or at least the ability to creat a pin to make login easier. I’m tired of having to type my email and password every time I want to get in. We’re almost in 2020, this shouldn’t be an issue.

Developer apps

FAQ

What is Honest Dollar?

Honest Dollar is a digital retirement account platform developed by Goldman Sachs. It aims to simplify the process of saving for retirement and investing in an Individual Retirement Account (IRA).

How does Honest Dollar help with retirement investing?

Honest Dollar offers an intuitive interface and automatic contribution options to make investing less intimidating. It guides users through selecting a portfolio and funding their IRA based on their personal financial needs.

Is Honest Dollar safe to use?

Honest Dollar is a Goldman Sachs product, leveraging 149 years of financial experience. Goldman Sachs & Co. LLC is a registered investment adviser, and brokerage services are provided by Apex Clearing Corp., a registered broker-dealer.

What devices does Honest Dollar support?

Honest Dollar is available on iPhone, iPad, and Apple Watch devices. It is designed to be accessible across multiple Apple platforms.

What is the age rating for Honest Dollar?

Honest Dollar has an age rating of 4+. This indicates it is suitable for a wide range of users, though financial advice is not provided for minors.

When was Honest Dollar last updated?

The latest version of Honest Dollar, 2.8.9, was last updated on November 13, 2019. The app was initially released on September 8, 2015.

Does Honest Dollar provide tax advice?

No, Goldman Sachs & Co. LLC does not provide accounting, tax, or legal advice through Honest Dollar. Users should consult an independent tax professional for personal circumstances.

What is the user rating for Honest Dollar?

Honest Dollar has a rating of 3.9 stars based on 27 ratings. This suggests a generally positive but mixed user reception.