An IRA transfer or 401(k) rollover into your Robinhood self-directed, traditional or Roth individual retirement account (IRA) from an external brokerage will earn you a bonus.

To receive the transfer bonus, an IRA transfer or 401(k) rollover from an external qualified account into your self-directed Robinhood IRA (excludes managed IRAs) must be initiated during the promotion period that ends on September 4, 2026 at 11:59 PM PT.

In addition, you must keep your assets in your Robinhood IRA for at least 5 years, otherwise you may be subject to an early IRA match removal fee. Review IRA match FAQ for more details.

The bonus will only be granted on the net new transfers into your IRA.

Check out Transfers and rollovers for key differences between these transfer types and what we can accept at Robinhood.

Check out Transfers and rollovers for steps to initiate a transfer or rollover.

You can calculate your net transfers by adding up all inbound IRA transfers initiated during the promotional period shown in the offer and subtracting all IRA transfers out between the same dates.

When your IRA transfer completes, the amount of the bonus is calculated based on a percentage of the net inflow of the transferred cash plus transferred securities and options—settled inflows minus any outflows before settlement—using the National Market System closing price of each position transferred into the account on the trading day before when the transfer settles. Settlement occurs when the securities are posted to the account and available to trade. Note that the bonus is only available for securities that successfully transfer and settle, and won't be granted for securities that are rejected.

When your 401(k) rollover completes, the bonus will be calculated based on the bonus percentage of the total rollover amount.

For IRA transfers, after we receive an account transfer request, it typically takes 5-7 business days for the transfer to be completed in your Robinhood account. Check out Transfers and rollovers for more info. For 401(k) rollovers, this process can typically take 2-4 weeks to complete.

We’ll deposit your earned bonus after the eligible transfers settle in your account. For transfers, you’ll get the bonus as soon as they settle. For rollovers, you’ll get the bonus upon settlement, which is typically within 5-7 business days of receipt.

We don’t charge a fee to transfer assets in. However, your outside retirement account brokerage may charge you a transfer fee to transfer your assets. For any full or partial account transfer into Robinhood that's $7,500 or more, we’ll reimburse the transfer fees your other brokerage may charge, up to $75. Contact us to request a reimbursement. Note that Robinhood doesn’t reimburse fees associated with rollovers. Contact your plan provider to determine if a rollover will incur a fee.

This Robinhood Financial LLC (“Robinhood”) IRA Transfer Bonus Offer (“IRA Bonus Offer”) is subject to these Terms and Conditions (“Terms”).

Eligibility: The IRA Bonus Offer is available only to customers who are legal residents of the 50 United States and D.C.; who have (or successfully open) a self-directed Individual Retirement Account ("IRA") offered by Robinhood and custodied at Robinhood Securities, LLC (a "Robinhood IRA"); who directly receive an email or in-app communication about the IRA Bonus Offer; who transfer new funds to a Robinhood IRA via a transfer of cash or investments from a qualified account at an institution other than Robinhood, such as an external IRA or employer plan (an "External Qualified Account"), during the Offer Period; who are under 68 years of age; and who are not non-resident aliens. Only self-directed IRAs qualify. Transfers to IRAs managed by Robinhood Asset Management, LLC ("Robinhood Strategies") are not eligible. Internal transfers — meaning any transfer or movement of funds or assets from another account held at Robinhood into a Robinhood IRA — are not eligible for the Bonus.

Offer: For eligible Robinhood customers, Robinhood will provide a personalized cash match ("Bonus") equal to a percentage, at a rate displayed to the customer in-app at the time they receive the IRA Bonus Offer ("Bonus Rate"), of a customer's transfers from an External Qualified Account that are initiated to their Robinhood IRA beginning at the time the offer and Bonus Rate are presented to the customer in-app, and ending on September 4, 2026 at 11:59 PM PT (the "Offer Period"), and successfully settle within the applicable settlement window defined below. Customers may receive Bonuses on multiple qualifying retirement transfers initiated during the Offer Period. Robinhood may terminate this promotion before the end of the Offer Period at its sole discretion.

The Bonus is subject to a 5-year holding period as described below. The Bonus will be earned and deposited into the customer's Robinhood IRA within approximately one week after the eligible transfer settles.

Bonus Calculation & Settlement: The amount of the Bonus is calculated based on the applicable Bonus Rate percentage of the net inflow of the transferred cash plus transferred securities and options (defined as settled inflows minus any outflows prior to settlement), using the national market system closing price of each position transferred into the account on the trading day before when the transfer settles. Settlement is deemed to occur when the securities are posted to the account and available to trade. To be eligible for the Bonus: ACATs-In transfers initiated during the Offer Period must successfully settle no later than three (3) business days following the end of the Offer Period; check-funded 401(k) rollovers initiated during the Offer Period must successfully settle no later than thirty (30) days after the end of the Offer Period; and 401(k) rollovers funded via ACH or internal journal must successfully settle by the end of the Offer Period.

Note that the Bonus is only available for securities that successfully transfer and settle within these required timeframes, and will not be granted for securities that are rejected. If a customer receives a personalized Bonus Offer and the customer's transfer results in a Bonus equal to a fraction of a dollar less than $0.01, the Bonus is rounded down to the nearest cent. Contributions under $1 do not receive a Bonus.

IRA Bonus Early Removal Fee: The Bonus is subject to a 5-year holding period. If a customer receives a Bonus and, within five (5) years of receiving it, transfers or distributes any portion of their Robinhood IRA and the IRA balance is less than the sum of net IRA deposits plus any Bonuses received, a prorated "IRA Bonus Early Removal Fee" based on the progress toward the 5-year holding period will be charged to the IRA separate from and above any ACATS out fee. It may be deducted from available cash in the IRA or, if insufficient, debited from the outgoing institution. Distributions required by law (e.g., required minimum distributions) can trigger the fee under the same balance test.

The IRA Bonus Early Removal Fee may not apply if a customer's IRA balance has risen by an amount greater than their net IRA contributions plus any Bonus amounts that they have received. However, the IRA Bonus Early Removal Fee will apply if the customer initiates a transfer or distribution request, and the customer's IRA balance has decreased, for any reason including investment losses, to less than their IRA deposits plus any Bonus they have received. Via these Terms, the customer directs the removal, transfer, sale of positions, and potential liquidation from their IRA to pay the IRA Bonus Early Removal Fee or, as applicable, to cover account deficits created by the IRA Bonus Early Removal Fee.

Chargebacks of bonuses received under this or any prior IRA promotional offers will be applied on a first-in, first-out basis. The earliest bonus credited will be the first subject to reduction or chargeback, followed by later bonuses in chronological order of crediting.

Net Transfers Requirements: The IRA Bonus Offer will not be granted with respect to transfers from an IRA at another financial institution if, during the Offer Period, a customer's withdrawals or transfers out of the Robinhood Platform are equal to or greater than the customer's transfers to the Robinhood IRA from External Qualified Accounts.

Violation of the Terms: In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the IRA Bonus Offer, Robinhood reserves the right to either decline to grant the IRA Bonus Offer, or to rescind or liquidate the IRA Bonus Offer, or any security or any related dollar proceeds derived from the IRA Bonus Offer, and via these Terms the customer directs the removal, transfer, and potential liquidation from their IRA. The Bonus will be credited to the customer's Robinhood IRA within approximately one week after the eligible transfer settles, though this timeline may be delayed in Robinhood's sole discretion if, for example, Robinhood determines that there are indications of fraud or a violation of these Terms.

The IRA Bonus Offer is not available with respect to IRA contributions or deposits alongside certain other Robinhood promotions, such as the Robinhood IRA Deposit Match or the Robinhood Gold IRA Contribution Match.

Not a Recommendation: The IRA Bonus Offer is not a recommendation of any investment or investment strategy, and is not a recommendation that a customer roll over or transfer assets into a Robinhood IRA. By participating in the IRA Bonus Offer, the customer represents that neither Robinhood nor any Robinhood affiliate has recommended any rollover or transfer to the Robinhood IRA. A rollover is one of four options, and other options include leaving the customer's money at the old employer plan, moving it to the new employer plan, or cashing out. Consult here for further guidance.

Robinhood, through the IRA Bonus Offer, does not intend to provide the benefit of deferred compensation or to create an employee pension benefit plan under the Employee Retirement Income Security Act (ERISA). For that purpose, Robinhood Markets, Inc. instead offers a separate employee benefit plan for Robinhood employees, the Robinhood 401(k) Plan, which may include a separate employer matching contribution.

Eligibility Restrictions: Robinhood customers with restricted accounts, deactivated accounts, and account restrictions are not eligible to participate in the IRA Bonus Offer; Robinhood customers who do not see the IRA Bonus Offer in their app may be subject to these restrictions and therefore ineligible to participate in the IRA Bonus Offer. Robinhood may decline requests to enroll in the IRA Bonus Offer at its discretion. Other restrictions may apply.

Right to Modify or Terminate: Robinhood reserves the right to change the Terms or terminate the IRA Bonus Offer at any time without notice. Robinhood reserves the right to refuse to grant the Bonus to transfers that it cannot verify were initiated prior to the end of the Offer Period. The IRA Bonus Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. The IRA Bonus Offer is only available for personal use, and may not be used for commercial purposes.

Taxes: Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a cash reward before enrolling. Robinhood processes and treats the Bonus on annual IRA contributions, IRA transfers, and 401(k) rollovers as income earned by the IRA for tax reporting purposes. The amount is based on a percentage of transfers made into the IRA. The Bonus amount will not be subject to, or impact, the maximum annual dollar contribution limit or the maximum annual deductible amount. Please note that the Bonus may be taxable income for conversions of a non-deductible IRA contribution to a Roth IRA.

Brokerage services are offered through Robinhood Financial LLC, ("RHF") a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, ("RHS") a registered broker dealer (member SIPC).

RHF and RHS are not banks. All are separate but affiliated entities. Securities offered by RHF are not FDIC insured and involve risk, including possible loss of principal.