Robinhood 3% IRA Match

The Sandbox Finance/Investments
81

check, fidelity might offer you 1% to stay

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82

… Just a 1% match to any non-retirement brokerage??

Yeah, I need to get my partner on board and do this.

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83

Transferred my VTI over to RH. So between my wife and I we are getting almost $15k out of this deal.

Now I just need their credit card with the unlimited 3% cash back.

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84

Damn. No annual fee? I really need to hop on this gravy train before they come back to Earth and eliminate/reduce especially the rollovers. 3% cashback might persist IMO.

85

You’ll need RH gold to get the card, which is $50/yr currently.

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86

Close enough to free since I’d already be getting it for the IRA+brokerage. Thanks! I think we have to do this with the card as a kicker.

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87

The 3% IRA bonus ended April 30, now 1%.

88

So I have <$240K sitting in a brokerage account, and I may as well move it to Robinhood as well. Now I have a reason to. If you are willing to stay gold for up to 2 years at Robinhood, you can earn a 1% bonus for moving money over there to a brokerage account. In my case that would be a bit less than $2,400 or $100/mo for 24 months. You don’t forfeit any monthly bonuses earned, but if your balance goes down you it could reduce or eliminate future balances. So there isn’t really any downside apart from selling off stocks and moving the money over which in my situation will be painless and instanteous.

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89

I can’t wait for the Robinhood 3% credit card to be more widely available

Although I suspect the 3% back won’t last very long

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90

The match is back thru 10/27. I would think that anyone starting a transfer by Friday could probably get in on time.

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91

THANK YOU. That’s nearly $10k to be added to our IRA. Will have to convince the spouse tonight as they hemmed and hawed last time.

92

SORRY I think I was wrong there, it’s 3% on annual contributions but maybe not rollovers

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93

1% to rollovers, 3% (with RH Gold) to contributions.

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94

It’s for rollovers/transfers as well for “hood week”

For those of you who missed out last time - get your free money now!

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95

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The ongoing 1% IRA match for new non-rollover contributions isn’t shabby, either.

96

Received spousal approval for the rollover, with dissenting commentary and promises what will happen to me if Robinhood takes our deposit and runs to the Caymans. Will initiate at lunch or after work.

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97

Liquidated my Roth IRA last night, but I think I need to wait until close of market today. Then maybe tonight, or at least on Monday I can transfer over to Robinhood.

They’re offering 1% on brokerages too… But my brokerage is half the size of my IRA and 1/3 the reward, I don’t know if it’s worth replatforming.

98

1% isn’t that crazy of a deal

A lot of brokerages will give you 1% to stay (based on account age and size)

3% tax free is a very different story

99

Robinhood is proving problematic to get my funds over, but I’m persisting. It better work this time.

Also, I had pretty much given up on the 1 share of Zynga I got free in Robinhood, as I don’t think I can cash out below what was given to me for free.

But it’s still there around $5 or so! And I forgot through Burger King, I won 1 Dogecoin in 2021, so there’s $0.13 more.

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100

Take Two (TTWO) acquired Zynga a couple years ago.