Robinhood IRA Boost Promos: 3% IRA Contributions, 2% IRA Rollovers and 401(k) Transfers (Gold Required)

Robinhood brokerage app has some solid Retirement account promos for the New Year. There are much fewer brokerage promos that include both IRA rollovers and 401k rollovers. These can be very lucrative with a large retirement balance, especially as they are uncapped. Robinhood continues to aggressively collect assets. Keep in mind the 5-year minimum hold and 1-year minimum Gold subscription at $5/month.

• 3% bonus on IRA contributions with a Robinhood Gold subscription. You can still make your 2024 contribution until April 15th, and also your 2025 contribution. Subject to the usual IRA annual maximum contribution limits. Five-year minimum hold period.
• 2% on IRA and 401(k) transfers to your Robinhood IRA with a Robinhood Gold subscription. Five-year minimum hold period.

3% IRA Match Fine Print:

The 3% matching on contributions requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year after your first Gold match to keep the full Gold match. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Gold customers receive a 1% match. For more information refer to the IRA Match FAQ.

$420 match available to Robinhood Gold customers making the maximum 2024 IRA contribution by the IRS tax deadline, and the maximum 2025 IRA contribution. Robinhood does not provide tax advice; consult a tax adviser.

IRS contribution limit for 2024 and 2025 is $7,000 ($8,000 if you’re age 50 or older) annually. Visit the IRS site for more information. The annual tax filing deadline typically is April 15th but may vary by year or individual taxpayer circumstances. All IRA contributions count toward your annual limit.

2% Transfer Boost Fine Print:

The 2% matching on transfers requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year after receiving the first Gold match to keep the full Gold match. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Gold customers receive a 1% match. For more information refer to IRA Match 2025 FAQ.

If you contributed $7,000 for 2024, $7,000 for 2025, and roll over $100,000 in IRA/401k balances, that would add up to $2,420.

Robinhood will also reimburse up to $75 in outgoing transfer fees with transfers of $7,500 or more. This is a one-time reimbursement per account type, per external brokerage. You must send in a picture as evidence of the fee.

I’ve already written multiple articles about past flavors of these Robinhood promos, and I participated in the 3% IRA bonus previously. You will need to open up the appropriate IRA account at Robinhood first, and then transfer into that empty IRA container. You can attempt to offset some of the $5/month Robinhood Gold fee by using the free $1,000 in margin, or you might like the higher interest rate they pay on cash sweep with Gold.

• Robinhood Gold Free $1,000 in Margin
• Robinhood Gold IRA Match Review (3% match is expired, but possibly useful info)
• Robinhood ACAT Bonus: 1% of Taxable Brokerage Assets (Expired)