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 an IRA bonus.

To receive the deposit bonus, an IRA transfer or 401(k) rollover into your self-directed Robinhood IRA must be initiated during the promotion period of October 9, 2025 at 9 AM PT through November 19, 2025 at 8:59 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 deposits in 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 deposits by adding up all inbound IRA transfers initiated between October 9, 2025 through November 19, 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 your bonus percentage 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 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 details. 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.

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. Note that Robinhood doesn’t reimburse fees associated with rollovers. Contact your plan provider to determine if a rollover will incur a fee.

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

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

Eligibility: The IRA Bonus Offer is available only to customers who (1) have (or successfully open) a self-directed Individual Retirement Account ("IRA") offered by Robinhood and custodied at Robinhood Securities, LLC (a "Robinhood IRA"); (2) directly receive an email or in-app communication about the IRA Bonus Offer; and (3) contribute 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. Only self‑directed IRAs qualify. Deposits to IRAs managed by Robinhood Asset Management, LLC ("Robinhood Strategies") are not eligible.

Offer: For eligible Robinhood customers, Robinhood will provide a cash bonus (“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 deposits from an External Qualified Account that are initiated to their Robinhood IRA between October 9, 2025 at 9 AM PT and November 19, 2025 at 8:59 PM PT (the “Offer Period”) and successfully settle. Robinhood may terminate this promotion before the end of the Offer Period at its sole discretion.

The Bonus is subject to a 5 year earn-out 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: The amount of the Bonus is calculated based on the applicable Bonus Rate percentage 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 is deemed to occur when the securities are posted to the account and available to trade. Please note that the Bonus is only available for securities that successfully transfer and settle, and will not be granted for securities that are rejected. If a customer receives a 1% Bonus Offer and the customer's deposit 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: 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, an “IRA Bonus Early Removal Fee” equal to the total Bonus amount received in the prior five‑year 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 Deposit 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 customer has fulfilled the conditions of the Offer, 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. Please 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 deposits 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.

Securities trading offered through Robinhood Financial LLC, member SIPC, a registered broker dealer, and a subsidiary of Robinhood Markets, Inc.