Robinhood

Senior worker using carpooling app while in driver's seat.

The traditional Robinhood and Roth IRA match to boost retirement savings

Leave a Comment / Personal finance / By

Robinhood says it will match 1% of IRA contributions on its platform. Nearly half of American workers do not have access to a company-sponsored retirement savings plan. Robinhood says about half a million people are already on its waiting list to open an IRA account. It’s no secret that Americans struggle to save for retirement, …

The traditional Robinhood and Roth IRA match to boost retirement savings Read More »

Robinhood will pay a 1% “match” on customer contributions to retail Individual Retirement Accounts

Robinhood will pay a 1% “match” on customer contributions to retail Individual Retirement Accounts

Leave a Comment / Personal finance / By

Raphael Henrique | Sopa Pictures | Light flare | Getty Images Robinhood brings the concept of a 401(k)-style contribution to its retail customers who may not have access to a workplace retirement plan. The retail brokerage will pay a “match” of 1% on its clients’ contributions to a Robinhood Individual Retirement Account, the company announced …

Robinhood will pay a 1% “match” on customer contributions to retail Individual Retirement Accounts Read More »