The IRA match is a 3% match on annual contributions with Robinhood Gold or 1% without Gold for self-directed Robinhood IRAs. Accounts managed by Robinhood Strategies are not eligible for the IRA match on contributions.

Without a Gold subscription, you can get a 1% match on IRA transfers or old 401(k)s all year with no cap on the match you can earn. Gold members earn 2% on all IRA transfers and old 401(k) rollovers into self-directed IRAs until April 30, 2025, and 1% starting May 1, 2025. Robinhood Gold IRA Transfers Match has more details.

KEEP IN MIND The match isn’t counted toward your annual contribution limits.

The IRA contribution limits set by the IRS for 2024 and 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)

For self-directed IRA contributions, you can earn the 3% match with Robinhood Gold (subscription fee applies), or 1% without Gold on annual IRA contributions (up to the contribution limit) from any linked account.

For account transfers, when your IRA transfer completes, the amount of the match is calculated based on the value 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 old 401(k) rollover completes, the match will be calculated based on the match percent of the total rollover amount. No cap. For example, if you transfer or rollover $100,000 with a 1% match, we’ll give you $1,000 on top of your transfer or rollover.

Without a Gold subscription, you can earn a 1% match on eligible annual IRA contributions, IRA transfers, and old 401(k) rollovers. Gold members can earn a 3% match on eligible annual contributions, and a 2% match on IRA transfers and old 401(k) rollovers into self-directed IRAs until April 30, 2025. Starting May 1, 2025, Gold members can earn a 1% match on IRA transfers and old 401(k) rollovers.

Contributions into IRAs managed by Robinhood Strategies do not currently get an IRA match.

You can earn a 3% match on annual contributions with Robinhood Gold (subscription fee applies), or a 1% match on annual contributions without a Robinhood Gold subscription into self-directed IRAs. Keep in mind, you must:

• Hold the assets that earned the match in your IRA for at least 5 years.
• Maintain your Gold membership for at least 1 year from when you received the Gold match.

No. The IRA match counts as interest income in your IRA and doesn’t count toward your annual IRA contribution limit.

You’ll usually get the IRA match right away after your deposits settle. The exact amount of time depends on the type of deposit you’re making.

Without a Gold subscription, you can earn an uncapped 1%. As a Gold subscriber, you can earn a 2% match on all IRA transfers and old 401(k) rollovers into self-directed IRAs until April 30, 2025, and then a 1% match after that.

For example, if you transfer $100,000 from an outside IRA, you can earn a 1% match of $1,000.

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 FAQ for more info.

For old 401(k) rollovers, this process can typically take 2-4 weeks for deposits to complete.

Generally, you can contribute to your IRA for the previous tax year until your tax filing deadline.

After the federal tax deadline for the previous tax year (typically April 15th), you can no longer make prior-year contributions in the app or on web classic. Please contact us if you need to request any contribution adjustments.

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. Refer to the IRS IRA Deduction Limits for more information.

Yes! The match is calculated to 4 decimal points. We’ll add the match to your account after it reaches the next whole cent increment.

For example, if you make 4 individual contributions of $0.25, we’ll add a match into your account when it accrues up to $0.01.

Keeping the IRA match after withdrawing funds from your IRA depends on how long you've had the assets that earned the match in your Robinhood IRA, the match amount earned in all of your Robinhood IRAs, and the total remaining balance of all of your Robinhood IRAs.

As long as you’ve held the funds that earned the match for at least 5 years, the IRA match is yours to keep. If you withdraw money earlier than 5 years, and your remaining IRA balance stays at or above your deposit amount that earned the IRA match plus the match amount, it’s yours to keep.

For example, if you're a Gold member and you deposited $1,000 and earned a $30 IRA match on June 1, 2025, you can withdraw all of it on or after June 1, 2030.

If you choose to withdraw money from your IRA before June 1, 2030, you’ll keep the $30 IRA match as long as the remaining IRA balance is at least $1,030 (which represents your original deposit amount plus the $30 IRA match).

When withdrawing money from your IRA less than 5 years after making the deposit, we may charge an early IRA match removal fee equal to the IRA match amount earned if your remaining IRA balance is lower than your transfer amount that earned the IRA match plus the match amount. If you have multiple Robinhood IRAs, the IRA Match Early Removal Fee is calculated based on all of the IRAs.

Note, transferring your account to another firm also may result in an early IRA match removal fee. For more information, refer to Are there fees if I transfer my IRA out of Robinhood?

Example

Let's say you aren't a Gold member and you transferred $1,000 and earned a $10 IRA match on June 1, 2025 and you withdraw money from your IRA less than 5 years after making the eligible transfer, and the remaining balance is $210, you may be charged an early IRA match removal fee of $8. This is equal to the $8 IRA match you earned for the $800 of eligible contributions that you’re withdrawing.

The following shows some more examples of the early IRA match removal fee:

Note, that the early IRA match removal fee may also apply to required minimum distributions.

Other fees and taxes may apply. See our fee schedule for details. Robinhood does not provide tax advice. Consult a tax advisor for help.

Keeping your full IRA match after canceling your Gold membership depends on how long you've been a Gold member after earning your first Gold match.

As long as you remain a Gold member for at least 1 year from the date of your first Gold match, you can keep the full match.

For example, if you’re a Gold member who contributed $1,000 and earned a $30 IRA match on June 1, 2025, you can keep all of it if you cancel your Gold membership on or after June 1, 2026.

If you cancel your Gold membership before June 1, 2026, you’ll lose the additional 2% of $20 in this example as the Robinhood Gold cancellation IRA match removal fee. Keep in mind, you would be eligible to keep the 1% match, or $10 in this example, which has been offered to non-Gold customers.

KEEP IN MIND
If you elect to downgrade from Robinhood Gold early, or are downgraded for any reason (ex. Failure to pay the monthly Gold subscription fee in your individual investing account), you’ll need to have enough uninvested cash in your IRA to cover what you owe. Otherwise, the fee charge may create a cash deficit and we may sell off some of your positions to cover the IRA match removal fee. We’ll notify you if this scenario occurs. To add cash, you can either transfer money from another account or liquidate assets in your IRA.

Note that IRS contribution limits may prevent you from making a deposit to your IRA.

The following are some more examples of when the Robinhood Gold cancellation IRA match removal fee may apply:

• Let’s say you’re a Gold member for 10 months and just earned your first Gold match. If you cancel your Gold membership 3 months later, you can’t keep the full match because the fee applies.
• Let’s say you’re a Gold member who earned the Gold match, and then canceled your Gold membership 18 months later. You’ll keep the match that you earned. If you become a Gold member again and earn the match 3 months later, you’ll need to maintain your Gold membership for a full year from the date that you earned the match during your new Gold membership in order to keep it. Otherwise the fee applies.

Other fees and taxes may apply. Review the following section about early transfer fees and our fee schedule for details. Robinhood doesn’t provide tax advice. Consult a tax advisor for help.

You can add money through one of the following.

• New contributions: Check out IRA Contributions for more info.
• Transfers from IRAs from other firms: Check out IRA Transfers for more info.
• Rollovers from old 401(k)s or other employer plans: Check out Rollovers for more info.

Generally, you’ll be charged an early IRA match removal fee if a transfer out of your IRA:

• If it’s less than 5 years after making the deposit that earned the IRA match
• And your remaining IRA balance is less than the deposit amount that earned the IRA match plus the IRA match amount

NOTE The IRA Match Early Removal Fee will be calculated based on all of your Robinhood IRAs, if you have multiple IRAs with Robinhood.

Otherwise, you get to keep the IRA match.

If you don't have any cash in your IRA, then the early IRA match removal fee will show up as a debit at the other firm. If you have cash available in your IRA, the early IRA match removal fee will be deducted from your cash balance.

Also, the fee for an outgoing transfer with the Automated Customer Account Transfer Service (ACATS) is $100.

For details, review our fee schedule.

The IRA match generally would be taxable during a conversion because it’s counted as interest income for tax reporting purposes. Everyone has a different tax situation and should consult a tax advisor. Robinhood does not provide tax advice.

The IRA match on annual contributions, transfers, and 401(k) rollovers are considered income earned by the IRA account for tax reporting purposes. We won’t deliver a 1099 for the match due to the tax status of IRAs.