Published On Dec 19, 2023
Robinhood is at it again. Robinhood is offering a 1% match on contributions to its new traditional and Roth IRA accounts, which is a unique feature not commonly found in IRA offerings. This could be particularly appealing to gig workers or those without access to employer retirement plans. The 1% match, which can go up to 3% for Robinhood Gold members, is seen as a good incentive for young investors to save for retirement, allowing their savings to compound over time.
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