When it comes to your retirement, there are a few things you can't control, such as inflation, Social Security and Medicare laws, and tax rates. But investing for retirement now is in your control.

To get started investing for retirement, you can open a Robinhood traditional IRA, a Roth IRA, or both in the app or on web classic. For more details, check out IRA overview.

The Robinhood Strategies team can do all the work for you in a managed IRA. For details, check out About Robinhood Strategies.

Similar to a non-retirement account, you can invest in stocks and ETFs within a self-directed Robinhood IRA. Investing with Options is available for qualified traders. Check out Options in Robinhood Retirement for details. Products and services offered by Robinhood Crypto, LLC, are not available in an IRA.

For managed IRAs, the Robinhood Strategies team selects and manages your investments for you.

Just like with your Robinhood non-retirement account, you can set up recurring investments for stocks or ETFs within your self-directed Robinhood IRAs. About recurring investments has more details. To set up retirement recurring investments:

1. In Retirement, select the applicable IRA account
2. Select a stock or ETF you want to set up as a recurring investment
3. Select Trade → Buy, and then enter the amount you want to buy
4. Open Dollars or Shares for order type options (top right), and in Conditional Orders, select Recurring investment
5. Choose the frequency (every market day, every week, every 2 weeks, or every month)
6. Choose a payment method
7. You can also select a linked bank account as a Backup payment to cover recurring investments. If your backup payment fails, we’ll automatically skip the order. Investments using external accounts count toward your annual contribution limit.
8. Review the order, and then submit or view the details if you need to change anything before submitting

You can also choose to View order history, Edit investment, Pause investment, or End investment at any time.

To view the portfolio value for your IRA in the Robinhood app or on web classic, go to Retirement → Settings (gear) → Investing. In Robinhood Legend, select the account icon at the top-right or add an account summary widget.

For managed IRAs, go to Investing to view your portfolio value. For details, check out Investment portfolio.

For a self-directed IRA, the portfolio shows the total value of all the holdings, including:

• Stocks & ETFs is the amount of money you currently have invested
• Brokerage Cash or Buying Power is the amount of money you have available to purchase new assets
• Instant Deposits Health describes if you’re in good standing, any pending deposits, and what’s available for investing. IRAs can receive up to $1,000 of Instant Deposits access.

When considering whether to buy or sell an asset in your portfolio, you can see how much buying power is available under Review Order within a stock or ETF’s detail page.

Just like you can with your non-retirement account, you can enable dividend reinvestment for your Robinhood IRA accounts. When enabled, cash dividend payments are automatically reinvested back into the underlying stock or ETF. You can enable dividend reinvestment at any time in the app:

1. Select Retirement
2. In the app, select Settings (gear icon)
3. In the Dividend Reinvestment section, select Edit Dividend Reinvestment
4. Toggle the switch On or Off
5. After you enable dividend reinvestment, you’ll see a list of your investments that are eligible for dividend reinvestment. You can choose which investments you’d like to reinvest cash dividends for by selecting the circle or checkmark.

If you have agreed to Stock Lending during the IRA opening process, when possible, Robinhood will lend out your shares to earn some interest, and then will pay you some interest income in return. You can disable or enable it again at any time in the app or on web classic:

1. For self-directed IRAs only, go to Retirement
2. In the app, select Settings (gear icon) → Investing
3. In the Stock Lending section, select Turn Off or On Stock Lending or View Stock Lending
4. Toggle the switch Off or On

All investments involve risk and loss of principal is possible. Investors should consider their investment objectives and risks carefully before investing.

You must have compensation (wage income) in order to contribute to an IRA. Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax.

Contents provided are for informational purposes only and do not constitute tax or investment advice. For specific questions, you should consult a tax professional. Robinhood does not provide tax advice. Links to third party sites are being provided for informational purposes only.

Recurring investments don’t ensure a profit or guarantee against loss. Not all securities on Robinhood are eligible for recurring investments. Recurring investments may result in a purchase of fractional shares, which are illiquid outside of Robinhood and not transferable.

Stock lending involves risks and may not be appropriate for all accounts. Stock lending is not appropriate for all customers. Stock Lending income depends on feature eligibility and can vary based on which stocks are loaned out. Stock Lending income is not guaranteed and stocks must be matched to a borrower in order to earn Stock Lending income. For risks and more information about Stock Lending, please review the Fully Paid Securities Lending Risk Disclosure Statement and the Fully-Paid Master Securities Lending Agreement.

Robinhood Asset Management, LLC (“RAM” or “Robinhood Strategies”) is an SEC-registered investment advisor. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities LLC (member SIPC) provides clearing services.