Looking Towards Retirement? Robinhood Has You Set With a Contribution Match
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.
What does your dream retirement look like? Touring major landmarks in an RV (the world’slargest fork, here you come)? Spending most afternoons improving your golf game? Or, readinga good book in a hammock? Whatever it is, investing for your future is a critical step in turningthat vision into reality.
Right now, you can work towards growing your retirement and get a boost by subscribing toRobinhood Gold ($5/month) and contributing to an individual retirement account (IRA).
Whether you’re just starting to invest for retirement or are just a few years away from your targetretirement date, you might consider signing up for Robinhood Gold.
Putting money into an IRA can be a smart way to invest for retirement. Whether it supplementsan employer-sponsored retirement plan like a 401(k) or it’s your primary retirement account,IRAs may provide advantages, such as tax-deferred growth. And, in some cases, yourtraditional IRA contributions can be deductible on your taxes.
With an IRA, you have more control over your investment options than you would with otherretirement plans. You can choose from a broad range of securities, including stocks,exchange-traded funds (ETFs), and even options for qualified traders (a contract that allows youto buy or sell an investment at a fixed price at a certain date.)
For 2025, investors with a Roth or Traditional IRA can contribute up to $7,000 per year ($8,000for those 50 and older).
Robinhood Gold is Robinhood’s membership program of premium services that offers perks likestock analysis and higher instant deposit limits.
Not a recommendation to transfer or rollover. A rollover is an important decision.
A rollover is not your only option for an old 401(k). You generally have 4 options for what youcan do with a 401(k) from a former employer. There are pros and cons to each that you shouldconsider. This isn’t tax advice. Consult a tax professional to understand your unique situation.
For more information, please visit Robinhood’s Help Centerhttps://robinhood.com/us/en/support/articles/rollovers-and-transfers/ or FINRA’s site.
The 3% matching on contributions requires a subscription with Robinhood Gold ($5/mo) andcustomers must stay subscribed to Gold for 1 year after your first Gold match to keep the fullGold match. The funds that earned the match must be kept in the account for at least 5 years toavoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Goldcustomers receive a 1% match. Offer only applies to self-directed IRAs. For more informationrefer to the IRA Match FAQ.
You must have compensation (wage income) in order to contribute to an IRA. Funds beingcontributed into or distributed from retirement accounts may entail tax consequences.Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax.Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account ingood standing.
All investments involve risk and loss of principal is possible
Limitations apply to both IRAs and 401(k)s. Please see the IRS’s IRA Deduction Limits for moreinformation.
Options trading is subject to eligibility requirements. Options trading entails significant risk and isnot appropriate for all customers. Customers must read and understand the Characteristics andRisks of Standardized Options (the Options Disclosure Document) before engaging in anyoptions trading strategies. Options transactions are often complex and may involve the potentialof losing the entire investment in a relatively short period of time. Certain complex optionsstrategies carry additional risk, including the potential for losses that may exceed the originalinvestment amount. Robinhood Financial does not guarantee favorable investment outcomes.The past performance of a security or financial product does not guarantee future results orreturns. Customers should consider their investment objectives and risks carefully beforeinvesting in options. Because of the importance of tax considerations to all options transactions,the customer considering options should consult their tax
Robinhood Gold is a subscription-based membership program of premium services offeredthrough Robinhood Gold, LLC.
Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered brokerdealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) aregistered broker dealer (member SIPC). All are separate but affiliated entities.
What does your dream retirement look like? Touring major landmarks in an RV (the world’slargest fork, here you come)? Spending most afternoons improving your golf game? Or, readinga good book in a hammock? Whatever it is, investing for your future is a critical step in turningthat vision into reality.
Right now, you can work towards growing your retirement and get a boost by subscribing toRobinhood Gold ($5/month) and contributing to an individual retirement account (IRA).
Whether you’re just starting to invest for retirement or are just a few years away from your targetretirement date, you might consider signing up for Robinhood Gold.
Putting money into an IRA can be a smart way to invest for retirement. Whether it supplementsan employer-sponsored retirement plan like a 401(k) or it’s your primary retirement account,IRAs may provide advantages, such as tax-deferred growth. And, in some cases, yourtraditional IRA contributions can be deductible on your taxes.
With an IRA, you have more control over your investment options than you would with otherretirement plans. You can choose from a broad range of securities, including stocks,exchange-traded funds (ETFs), and even options for qualified traders (a contract that allows youto buy or sell an investment at a fixed price at a certain date.)
For 2025, investors with a Roth or Traditional IRA can contribute up to $7,000 per year ($8,000for those 50 and older).
Robinhood Gold is Robinhood’s membership program of premium services that offers perks likestock analysis and higher instant deposit limits.
Not a recommendation to transfer or rollover. A rollover is an important decision.
A rollover is not your only option for an old 401(k). You generally have 4 options for what youcan do with a 401(k) from a former employer. There are pros and cons to each that you shouldconsider. This isn’t tax advice. Consult a tax professional to understand your unique situation.
For more information, please visit Robinhood’s Help Centerhttps://robinhood.com/us/en/support/articles/rollovers-and-transfers/ or FINRA’s site.
The 3% matching on contributions requires a subscription with Robinhood Gold ($5/mo) andcustomers must stay subscribed to Gold for 1 year after your first Gold match to keep the fullGold match. The funds that earned the match must be kept in the account for at least 5 years toavoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Goldcustomers receive a 1% match. Offer only applies to self-directed IRAs. For more informationrefer to the IRA Match FAQ.
You must have compensation (wage income) in order to contribute to an IRA. Funds beingcontributed into or distributed from retirement accounts may entail tax consequences.Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax.Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account ingood standing.
All investments involve risk and loss of principal is possible
Limitations apply to both IRAs and 401(k)s. Please see the IRS’s IRA Deduction Limits for moreinformation.
Options trading is subject to eligibility requirements. Options trading entails significant risk and isnot appropriate for all customers. Customers must read and understand the Characteristics andRisks of Standardized Options (the Options Disclosure Document) before engaging in anyoptions trading strategies. Options transactions are often complex and may involve the potentialof losing the entire investment in a relatively short period of time. Certain complex optionsstrategies carry additional risk, including the potential for losses that may exceed the originalinvestment amount. Robinhood Financial does not guarantee favorable investment outcomes.The past performance of a security or financial product does not guarantee future results orreturns. Customers should consider their investment objectives and risks carefully beforeinvesting in options. Because of the importance of tax considerations to all options transactions,the customer considering options should consult their tax
Robinhood Gold is a subscription-based membership program of premium services offeredthrough Robinhood Gold, LLC.
Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered brokerdealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) aregistered broker dealer (member SIPC). All are separate but affiliated entities.