*Based on standard match rate paid out instantly following deposit. Match rate 3% for Gold members and 1% for non-Gold. Keep Gold for 1 year and the IRA for 5 years. Other terms apply. Gold membership offered by Robinhood Gold LLC. $5/month.
*Based on standard match rate paid out instantly following deposit. Match rate 3% for Gold members and 1% for non-Gold. Keep Gold for 1 year and the IRA for 5 years. Other terms apply. Gold membership offered by Robinhood Gold LLC. $5/month.
Portfolio management offered through Robinhood Asset Management ("Robinhood Strategies"), an SEC-registered investment advisor. Gold membership is offered by Robinhood Gold, LLC.
Other fees may apply. Learn more about options trading on Robinhood. View Robinhood Financial’s fee schedule. Options carry a significant level of risk and are not suitable for all investors. To learn more, read the Options Disclosure Document.
SIPC coverage does not protect against a loss in the market value of securities. Learn more on our help center.
Robinhood does not provide tax advice.
Limitations apply to both types of retirement accounts. Match typically paid out instantly on settlement of funds. Please see the IRS's IRA Deduction Limits for more information.
Limitations apply to both types of retirement accounts. Match typically paid out instantly on settlement of funds. Please see the IRS's IRA Deduction Limits for more information.
An individual retirement account (IRA) allows you to save and invest money for retirement with tax advantages.
We offer 2 types of IRAs: Roth and traditional. A Roth IRA offers tax-free growth potential on after-tax contributions. With a traditional IRA, your investments have the opportunity to grow tax-deferred and you may be eligible for a tax deduction on your contributions.
Each year, the IRS sets a maximum amount that you can contribute across all of your IRAs. This includes IRAs outside of Robinhood. For 2025, the contribution limit is $7,000 for people under age 50, and $8,000 for people age 50 and over.
Keep in mind, you can contribute to your IRA for the previous tax year until the IRS tax filing deadline.
You can add money to your IRA in 2 ways:
When you fund a Robinhood IRA and subscribe to Robinhood Gold, we’ll give you a 3% boost—also called a match—on all annual contributions. That means we’ll add 3% on top of every $1 you contribute—up to the IRS contribution limits.
IRA match does not apply to managed IRAs from Robinhood Strategies.
Disclosures:
**1 year starts from the date you earned your first Gold match.
You must have earned (wage) income in order to contribute to an IRA. 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, visit the IRA match FAQ.
Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59½ may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
A Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.
All investments involve risk and loss of principal is possible.
The IRA match is a 3% match on annual contributions with a Robinhood Gold subscription ($5/month) or 1% without.
You get matched on any amount from contributions, IRA transfers, or old 401(k)s. We’ll add 1%. No cap.
IRA match does not apply to managed IRAs from Robinhood Strategies.
KEEP IN MIND
The match isn’t counted toward your annual contribution limits.
The IRA contribution limits set by the IRSfor 2025 are:
$7,000 if you are under age 50, which means you can earn up to $70 extra (or $210 with Robinhood Gold)
$8,000 if you are age 50 or over, which means you can earn up to $80 on top of your contributions (or $240 with Robinhood Gold)
NOTE
You can contribute to your IRA for the previous tax year until the IRS tax filing deadline.
Disclosures
This is not a recommendation to roll over.
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, visit Robinhood’s Help Center or FINRA’s site.
The 3% matching on contributions requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year after your first Gold match to keep the full Gold match. Match rate subject to change. Non-Gold customers receive a 1% match. Offer only applies to self-directed IRAs.(
The funds that earned any match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. For more information, visit the IRA Match FAQ.
This is not a recommendation on any investment or investment strategy.
You’ll usually get your IRA match right away after your deposits settle. The exact amount of time depends on the type of deposit you’re making:
If you’re making a regular annual contribution: Once your deposit is complete, you’ll usually get your IRA match money instantly. Keep your contributions in your IRA for at least 5 years to avoid the early IRA match removal fee.
If you’re transferring an IRA: Once your transfer completes, your match amount is calculated based on the match percent of the total of the transferred cash plus transferred securities and options.
If you’re rolling over a 401(k): When your old 401(k) rollover completes, the match will be calculated based on the match percent of total rollover amount.
IRA match does not apply to managed IRAs from Robinhood Strategies.
Each type of IRA has unique benefits. You can have a Roth or traditional IRA even if you already have a 401(k).
With a Roth IRA:
With a traditional IRA:
Learn more about traditional IRAs
Disclosure
This is not investment or tax advice.
To decide which IRA is right for you, first find out your eligibility:
You’re typically eligible for a Roth IRA if:
You’re usually eligible for a traditional IRA if:
Learn more about traditional IRAs
If you’re eligible for both types of IRAs, you may want to consider whether you want tax benefits now or in the future.
A Roth IRA may be right for you if you:
A traditional IRA may be right for you if you:
Disclosure
This is not investment or tax advice.
Yes, you can transfer another IRA or roll over old retirement accounts, like a 401(k) or 403(b), into a Robinhood IRA.
When you transfer another IRA to your Robinhood IRA, keep these details in mind:
A transfer is a movement of funds between 2 retirement accounts of the same type. For example, you can transfer eligible assets from an outside Roth IRA into a Robinhood Roth IRA.
We’ll reimburse the IRA closing or transfer fee that the other brokerage might charge—up to $75 for transfers of $7,500 or more in equity, options, and cash assets, provided we receive proof of the charge.
When you roll over an old 401(k) to a Robinhood IRA, keep these details in mind:
A rollover is a non-taxable (but may still need to be reported) way to transfer money from an old 401(k) into an IRA. A rollover is just 1 of several actions you can take with your old 401(k). Learn more about rollovers and transfers
IRA match does not apply to managed IRAs from Robinhood Strategies.
Disclosures
This is not a recommendation to roll over.
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, visit Robinhood’s Help Center or FINRA’s site.
The funds that earned the match must be kept in the account for at least five years to avoid a potential Early IRA Match Removal Fee. Match rate subject to change. No subscription required for 1% match. Offer only applies to self-directed IRAs. For more information, see the IRA Match FAQ.
Yes! With a Robinhood IRA, it’s simple to set up automatic—or recurring—contributions. You can choose a schedule that works for you:
You can choose from thousands of stocks, ETFs, and options (for qualified traders) to invest in within your IRA.
Disclosures
Investors should consider the investment objectives, risks, and charges and expenses of any Exchange Traded Product (ETP), including any Exchange-Traded Fund (ETF) and any Exchange-Traded Note (ETN), carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the ETP and should be read carefully before investing. For a current prospectus, customers should visit the relevant ETP's details page to access a link to the prospectus.
Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount(
This is not investment advice, nor a recommendation of any specific asset or strategy. For specific questions, consult a professional.
All investments involve risk and loss of principal is possible.
If you’re not sure where to start, don’t worry—a managed IRA by Robinhood Strategies may be the right solution for you. When you sign up, just answer a few questions about your investing needs and retirement goals, and you'll get an expert-managed portfolio that proactively adjusts your retirement investments for 0.25% per year. Robinhood Gold subscribers ($5/month) get zero management fees on every dollar over $100K.
Terms apply
Annual management fee of 0.25% charged by Robinhood Strategies on the net portfolio value of each managed account. Robinhood Gold members pay no management fees on the portion of their managed account net portfolio that exceeds $100,000, thereby limiting the annual management fee to $250. Access to Robinhood Strategies' services does not require a Gold membership. Other fees apply. Further terms apply.
IRA match does not apply to managed IRAs from Robinhood Strategies.
Disclosures
Portfolio Management offered through Robinhood Asset Management, LLC (“Robinhood Strategies”), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, please see our firm’s brochure.
No, not the same. The Robinhood IRA match and employer 401(k) match both offer matches on contributions. They have the following differences:
A 401(k) employer match is a contribution that an employer makes to an employee's retirement account. The Robinhood IRA is entirely different from your employer plan.
The Robinhood IRA match is a percentage of your contribution amount, whereas a 401(k) match is generally a percentage of your compensation. The percentage figure should not be used as a basis for comparison or evaluation.
Your 401(k) may have a shorter vesting plan than the 5 year holding period required to earn the full Robinhood IRA match.
Keep in mind that limitations apply to both types of retirement accounts. To learn more, read the IRS's IRA Deduction Limits.
We offer 2 types of IRAs: Roth and traditional. Each has special tax advantages.
Roth IRA tax advantages:
You should also know:
Traditional IRA tax advantages:
You should also know:
To learn more about the tax advantages of IRAs, visit the IRS website or talk to a tax advisor.