Dec 6, 2022

Introducing Robinhood Retirement

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The first and only IRA with a Robinhood 1% match for every dollar contributed, access to stocks and ETFs, all in one place, and zero commissions or account minimums.

Starting December 6, everyone will be able to sign up for Robinhood Retirement waitlist to invest for their future the Robinhood way - no employer necessary. All while earning a 1% match from Robinhood on every eligible contribution dollar, other fees may apply.*  With Robinhood Retirement, customers are now able to open multiple Robinhood accounts for the first time.

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People are relying on themselves. They’re taking on gig work, side hustles and building their own companies.  Tools that can make it easier to save for retirement - such as automatic transfers from a paycheck or contribution matching - are often not available to the gig economy - which makes up as much as 40% of America’s total workforce.

Pew Charitable Trust recently found lack of access to a workplace plan is the most significant retirement savings challenge facing non-traditional workers, with 77% saying they would participate in a defined contribution savings plan if they were eligible for it. We believe that saving for retirement should be easy and accessible to all, and not dependent on where or how you work.

Here’s how it works*:

  • Select your IRA. Customers can choose to invest in stocks and ETFs through either a traditional IRA or Roth IRA.

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  • Invest on your own terms. Our retirement account lets customers build a custom portfolio through our tailored in-app recommendations, by choosing their own investments, or a mix of both. The sign-up process and onboarding flow takes a few minutes and helps customers get started right away.

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For illustration purposes only. Not a recommendation for any specific customer.

  • IRA Instant Deposit - Once a customer contributes, they will have access instantly to their funds to start investing, up to $1,000.

With Robinhood Retirement, earnings can grow either tax-free or tax-deferred, which means customers will save on taxes while saving for their future – an added tax benefit even if they already have a 401k elsewhere.

Starting December 6, people can sign up to apply for early access via a waitlist and will receive access on a rolling basis over the following weeks, with full availability in January. For customers who want early access sooner, we’ve developed a referral program. Customers have the ability to refer a friend to the Retirement waitlist and once their friend joins, they will receive early access to a retirement account.

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Disclosures 

*Other fees may apply. Match limitations apply. 

*Contributions must come from an external source and the match is capped at the annual IRS limits for contributions. The customer must keep the funds that earned the match in the account for at least five years to avoid the possibility of a fee when withdrawn. For more information, see the IRA Match FAQs

Robinhood does not provide tax advice. 

All investments involve risk and loss of principal is possible. 

Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services. All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’). 

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© 2022 Robinhood Markets, Inc.

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All investing involves risk.

U.S. brokerage services are offered through Robinhood Financial LLC, a registered broker dealer (member SIPC) and U.S. clearing services through Robinhood Securities, LLC, a registered broker dealer (member SIPC). Find more information on FINRA's BrokerCheck.

U.K. brokerage services are offered through Robinhood U.K. Ltd, an authorised and regulated firm by the U.K. Financial Conduct Authority (FRN: 823590), and introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA.

U.S. cryptocurrency services are offered through Robinhood Crypto, LLC (NMLS ID: 1702840). EU cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), registered in Lithuania as a virtual currency exchange and virtual currency depository wallet operator.

A self-custody cryptocurrency wallet, Robinhood Wallet, and related services are offered through Robinhood Non-Custodial, Ltd. (a limited company organized in the Cayman Islands).

The Robinhood Money spending account is offered through Robinhood Money, LLC (NMLS ID: 1990968), a licensed money transmitter.

Say Technologies, LLC provides technology services for shareholder engagement and communication.

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news.

All are affiliated entities and wholly-owned subsidiaries of Robinhood Markets, Inc.

Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2025 Robinhood. All rights reserved.
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All investing involves risk.

U.S. brokerage services are offered through Robinhood Financial LLC, a registered broker dealer (member SIPC) and U.S. clearing services through Robinhood Securities, LLC, a registered broker dealer (member SIPC). Find more information on FINRA's BrokerCheck.

U.K. brokerage services are offered through Robinhood U.K. Ltd, an authorised and regulated firm by the U.K. Financial Conduct Authority (FRN: 823590), and introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA.

U.S. cryptocurrency services are offered through Robinhood Crypto, LLC (NMLS ID: 1702840). EU cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), registered in Lithuania as a virtual currency exchange and virtual currency depository wallet operator.

A self-custody cryptocurrency wallet, Robinhood Wallet, and related services are offered through Robinhood Non-Custodial, Ltd. (a limited company organized in the Cayman Islands).

The Robinhood Money spending account is offered through Robinhood Money, LLC (NMLS ID: 1990968), a licensed money transmitter.

Say Technologies, LLC provides technology services for shareholder engagement and communication.

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news.

All are affiliated entities and wholly-owned subsidiaries of Robinhood Markets, Inc.

Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2025 Robinhood. All rights reserved.