⭐ Editor's Choice — Top Rated Pick
Robinhood Retirement (Roth & Traditional IRA)
📍 Available in: US
★★★★★ 4.8 / 5.0
Robinhood disrupted the retirement account market by introducing an employer-style match for individual IRAs. Standard users receive an instant 1% match on all eligible annual IRA contributions and incoming 401(k)/IRA transfers. Subscribers to Robinhood Gold ($5/month or $50/year) earn a 3% match on annual contributions ($210 free bonus on a $7,000 max contribution), which immediately invests inside your tax-free Roth IRA without counting toward your IRS contribution cap.
Key Facts at a Glance
| Cost / Fee Structure | $0 Standard ($50/yr for Gold 3% Match) |
| APR / Rate | 3% IRA Contribution Match (Gold) / 1% Base |
| Coverage / Loan Limit | $0 Minimum Deposit |
| Credit / Eligibility | Supports Instant Backdoor Roth IRA Conversion |
Pros & Cons
✓ Pros
- ✓Maxing out a $7,000 IRA with Gold ($50/yr) yields $210 in match cash—a guaranteed $160 net profit every year
- ✓Cleanest mobile user interface for executing a Backdoor Roth IRA conversion
- ✓Instant access to invest your contribution and match dollars before ACH settlement finishes
✕ Cons
- ✕Must keep the matched IRA funds at Robinhood for at least 5 years (and keep Gold for 1 year) or the match is clawed back upon transfer out
- ✕Does not support mutual funds or fixed-income CDs/bonds (ETFs, stocks, and options only)
Key Features
3% Instant Match on Annual IRA Contributions (with Robinhood Gold)1% Uncapped Match on Incoming 401(k) & IRA RolloversMatch Money Does Not Count Against Your $7,000 IRS Annual CapSeamless 2-Tap Backdoor Roth IRA Conversion Flow in App$0 Commission Stocks, ETFs & Options Inside Your IRA
Compare Robinhood Retirement (Roth & Traditional IRA) Side-by-Side
Not sure if Robinhood Retirement (Roth & Traditional IRA) is the right fit? See how it stacks up against direct competitors: