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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: longtimebrk   😊 😞
Number: of 15060 
Subject: OT: Robinhood 3% for IRA Transfer
Date: 01/21/2024 12:07 PM
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I'm sure some here have 8 figure IRAs.

Getting a 3% match on IRA rollovers seems pretty sweet to me. Have to leave the IRA money with Robinhood for 5 years (no big deal) and pay for Gold membership for one year ($6 a month)

No limit on the amount of match earned.

Hmmm...


https://robinhood.com/us/en/support/articles/ira-g...


"Today, Robinhood Gold subscribers earn a 3% match on all eligible annual IRA contributions. For a limited time only, Robinhood Gold subscribers will also earn a 3% match on transfers and rollovers into your Robinhood Retirement account between January 17, 2024 and April 30, 2024, with no limit on the amount of match earned.

After the transfers promotion ends on April 30, 2024, transfers and rollovers will earn 1% match, and IRA annual contributions will continue to earn a 3% match for Robinhood Gold subscribers.

Keep in mind, you must hold the funds in your IRA for at least 5 years to keep the match, and be a Robinhood Gold subscriber for 1 year after the first deposit that earns the 3% match."
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