How long do I have to pay back the boost?

Maida

To maximize your savings, you should aim to pay back your boost within 12 months.

Here’s how it works: During the first year, your fund will earn investment returns on your boosted total. If you contribute the full boost amount within the year, we’ll add any investment gains to your fund and you’ll continue to earn on that full amount.

You can boost your fund by $600 or $1,800. We'll invest that amount for you upfront. You'll be able to see the boost and track its growth in your fund dashboard.

Your monthly contributions will pay down the boost over time — but you’ll able to earn more thanks to the power of compounding returns. 

You’ll want to aim to pay off your boost within a year, so choose a monthly contribution that will get you there. And you can always add additional contributions to pay it off sooner.

If you don’t contribute the boost amount within a year, then the boost will go away and you’ll only earn investment returns on the amount you’ve contributed.

For example, if you start with a $600 boost and have only contributed $400 by the end of the year, from that point on you’ll only be earning returns on the $400 you’ve contributed.


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