Partner Content

Everything to Know About Robinhood’s Retirement IRA

The finance platform is offering a 3% match program on contributions.

By Stephanie Tsai

Plus Icon

Stephanie Tsai

More Stories by Stephanie

View All

May 3, 2024 9:23am

Add us as a Google Preferred Source

Everything to Know About Robinhood’s Retirement IRA

Robinhood

If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission.

This story was created in paid partnership with Robinhood.

Robinhood is renowned for pioneering the commission-free trading platform. Equally innovative are its accessible individual retirement accounts (IRAs): With a 3% IRA match on retirement contributions with Robinhood Gold, now might be a good time to consider building your retirement nest egg. 

What’s the 3% IRA Match?

Robinhood proudly introduces a groundbreaking 3% match program with Robinhood Gold, its premium subscription service. Earn up to 3% extra on every dollar contributed to a Robinhood IRA (within annual limits). That’s $210 on top of the $7,000 limit for 2024 contributions.

Related Stories

Shop online best Christmas gifts for movie lovers

Lifestyle

The Top 23 Holiday Gifts for Movie Lovers, From Retro Collectibles to Modern Tech

Best Nordstrom Holiday Gifts Under $100: 2026 Catalog, Gift Sets, Sale

Lifestyle

Nordstrom's 2026 Holiday Gift Guide Is Live: Our 26 Favorite Finds Under $100

Learn More about Robinhood Gold

For a monthly subscription fee, gain access to exclusive features and benefits with Robinhood Gold membership, including the 3% IRA match. Enjoy these perks while potentially receiving $210 extra on contributions and unlimited 1% match on retirement account transfers. Your first 30 days are free, then the subscription fee applies.

Ideal for the Gig Economy

Robinhood IRA can help anyone committed to building a financial future. Robinhood doesn’t require a traditional employer, making it perfect for independent workers, freelancers and consultants. 

Not a Gold member? No problem. Users can still receive a 1% boost on all contributions, transfers, and rollovers. 

Why Choose Robinhood Retirement IRA?

Beyond the 3% IRA match promotion, Robinhood offers a suite of features and resources to empower any retirement journey. From commission-free trading to intuitive investment tools, Robinhood provides resources to help take control of the financial future. While Robinhood does not charge commission fees, other fees may apply. 

With its user-friendly interface and access to a wide range of investment options, including stocks, ETFs, and options for qualified traders, Robinhood allows users to build a diversified retirement portfolio tailored to their unique investment objectives. 

Furthermore, Robinhood’s partnership with Capitalize* for transferring old 401(k)s, making it easier to consolidate retirement accounts. 

Clients have the opportunity to earn up to 3% extra on every dollar contributed via Robinhood Gold. Visit Robinhood’s Retirement page to learn more and take the first step toward investing in your retirement.  

Disclosures

Not a recommendation to transfer or rollover. A rollover is not your only option for an old 401(k). You generally have 4 options for what you can do with a 401(k) from a former employer. There are pros and cons to each that you should consider. This isn’t tax advice. Consult a tax professional to understand your unique situation. For more information, please visit Robinhood’s Help Center or FINRA’s site.  

The 3% matching on contributions requires a subscription with Robinhood Gold (fees apply), must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. For more information refer to the IRA Match FAQ.  

*Capitalize and Robinhood are separate and unaffiliated entities, and are not responsible for one another’s policies, services, or opinions. A rollover is not your only option for an old 401(k). For more information, please visit Robinhood’s Help Center or FINRA’s site. 

Robinhood Gold is offered through Robinhood Financial LLC and is a subscription offering premium services for a monthly fee. 

Read More About:

THR Newsletters

Sign up for THR news straight to your inbox every day

Subscribe Sign Up

More from The Hollywood Reporter

Everything to Know About Robinhood’s Retirement IRA

The Definitive Voice of Entertainment News

Subscribe for full access to The Hollywood Reporter

SEE MY OPTIONS Sign Up

Most Popular

Amber Glenn and Pasha Pashkov on 'Dancing With the Stars' Grammy Night.

‘Dancing With the Stars’ Grammy Night Attracts Star-Studded Performances as a Frontrunner Is Eliminated: See the Scores, Who Went Home

By McKinley Franklin

Coachella Valley Music And Arts Festival

Dua Lipa, Tame Impala, SZA and Daddy Yankee to Headline 2027 Coachella Festival

By Carly Thomas

Stacy Keach

Stacy Keach, Who Played Badasses With the Best of Them, Dies at 85

By Mike Barnes

James Gunn Peter Safran The Flash Premiere

Inside James Gunn, Peter Safran’s DC Ouster: Exec Tensions and a Fateful David Ellison Visit

By Borys Kit, Aaron Couch

Nicholas Hoult stars as Ryan in How To Rob A Bank

David Leitch’s ‘How to Rob a Bank’: First Reactions

By Abid Rahman

Johnny Depp in 'Ebenezer' from Paramount Pictures.

Johnny Depp’s ‘Ebenezer’: First Reactions

By Abid Rahman

Rob Lowe and James Franco in Confession

‘Confession’ Review: Rob Lowe and James Franco in a Ben Shapiro-Scripted, Stalinist Russia-Set Drama That’s Terminally Tedious

By Frank Scheck

Must Reads

Sacha Baron Cohen was photographed Oct. 14 at PMC Studios Los Angeles. Styling by Artistic & Fashion Director Alison Edmond Paul Smith sweater; Ali G’s jewelry.

Sacha Baron Cohen Gets Real About Backlash, Death Threats and Resurrecting Ali G

By Lacey Rose

Charli D’Amelio was photographed Oct. 5 at PMC Studios in Los Angeles. Artisitic & Fashion Director Alison Edmond Blumarine dress; Viltier earrings; L'Dezen bracelet; Mark Gong boots.

The Emancipation of Charli D’Amelio: How the TikTok Queen Took Back Her Life

By Nancy Jo Sales

Eric Bauza at the 'Coyote vs. Acme' Los Angeles Premiere held at the Fox Village Theater on August 26, 2026 in Los Angeles, California.

Eric Bauza Remembered as a “Once-in-a-Generation” Talent Who Gave Looney Tunes a New Voice

By Scott Roxborough