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Robinhood Gold: 3% match on annual IRA contributions

3% match with Gold

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With a Robinhood Gold subscription ($5 a month), annual IRA contributions get a 3% match. Gold must stay active for a year, and matched funds must stay 5 years.

Deposit
Eligible annual IRA contributions, within limits
Keep it for
5 years from deposit; Gold for 1 year
Rate
3% with Gold
Fee
Gold is $5 a month
Limit
Annual IRA contribution limits

How to get it

  1. Open an eligible self-directed Robinhood IRA.
  2. Subscribe to Robinhood Gold ($5 a month) and stay subscribed for 1 year.
  3. Make an eligible annual IRA contribution, within your contribution limit.
  4. The match is added once the eligible deposit settles.

Fine print

  • Stay subscribed to Gold for 1 year to keep the full Gold match. Robinhood's page describes the start of that year two ways: from the first eligible deposit, and from the first Gold match.
  • Keep the matched funds in the IRA for at least 5 years from the deposit, or an early IRA match removal fee may apply.
  • The 3% Gold rate and the 1% standard rate are alternatives. You get one or the other, not both.
  • The contribution match isn't the same as the transfer and rollover match.
  • Robinhood says the match rate is subject to change.
  • No public end date stated.
  • Gold costs $5 a month. The research did not establish annual or transfer-out fee amounts. Treat them as unknown, not $0.

Source

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