The Retirement eligibility questionnaire can help you decide if you’re eligible to open a Roth IRA or a traditional IRA with Robinhood. This questionnaire asks you a few key questions. After analyzing your answers, we’ll show what you may be eligible to contribute to.

After you open an IRA, you can then make a contribution, transfer or rollover funds, get Retirement recommendations, or pick which stocks and ETFs to invest in for your retirement.

The information provided by this questionnaire: (1) is based on publicly available information from the IRS; (2) provides answers based on information you input; (3) presents consolidated details and general education on common IRA concepts found in more detail in IRS publication 590-A and 590-B; and (4) is not account type advice, not investment advice, not tax or legal advice, not an offer, solicitation, nor recommendation to open a particular account, buy, sell, or hold any security, nor to engage in any specific trading activity.

You must have compensation (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. Robinhood does not provide tax advice; please consult with a tax adviser before taking an action that may entail tax consequences. Your tax adviser can provide information based on your personal circumstances.

The Robinhood IRA is available to any U.S. customer with a Robinhood investing account in good standing.

All investments involve risk and loss of principal is possible.

Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services. All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’).