Robinhood Gold IRA Transfers Match
Today, Robinhood Gold subscribers earn a 3% match on all eligible annual IRA contributions. For a limited time only, Robinhood Gold subscribers will also earn a 2% match on IRA transfers and 401(k) rollovers into your Robinhood Retirement account starting January 8, 2025 through April 30, 2025, with no limit on the amount of match you can earn.
A rollover is a non-taxable way to transfer money from a retirement plan, like an old 401(k), into an IRA. A rollover is just 1 of 4 options you can consider for your old 401(k).
After the transfers promotion ends on April 30, 2025:
For more information about the Robinhood Gold subscription, check out What's Robinhood Gold?
Keep in mind, customers who don’t subscribe to Robinhood Gold get a 1% match all year on IRA annual contributions and retirement account transfers.
You must hold the funds in your Robinhood IRA for at least 5 years and be a Robinhood Gold subscriber for 1 year after the first Gold match.
To receive the 2% transfer match:
In addition, you must keep your assets in your Robinhood IRA for at least 5 years, otherwise you may be subject to an early match removal fee. Review IRA match FAQ for more details.
The 2% match will only be granted on the net deposits in your IRA account.
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 deposits by adding up all inbound IRA transfers initiated between January 8, 2025 through April 30, 2025 and subtracting all IRA transfers out between the same dates.
When your IRA transfer completes, the amount of the match is calculated based on 2% of the total of the transferred cash plus transferred securities and options, 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 match 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 match will be calculated based on 2% of the total rollover amount.
You can only earn the 2% match on net new transfers into your IRA account.
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 for deposits to complete.
We’ll deposit your earned match after the eligible deposits settle in your account. For transfers, you’ll get the match as soon as they settle. For rollovers, you’ll get the match upon settlement, which is typically within 5-7 business days of receipt.
You must be a Gold subscriber when your transfer settles into your IRA, otherwise you won’t earn the 2% match.
We don’t charge a fee to transfer assets in. However, your outside retirement account 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.
If your other retirement or 401(k) plan administrator charges a direct rollover fee, that’s not eligible for reimbursement.
The IRA match is treated as interest income in your IRA. We won’t deliver a 1099-INT due to the tax status of IRAs. For more details, review IRA match FAQ.
Robinhood Gold IRA Deposits Match Terms & Conditions
Securities trading offered through Robinhood Financial LLC, member SIPC, a registered broker dealer, and a subsidiary of Robinhood Markets, Inc. Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.