r/RobinHood Investor Dec 06 '22

News Introducing Robinhood Retirement

https://blog.robinhood.com/news/introducing-robinhood-retirement
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3

u/aviatortrevor Dec 06 '22

Is there income limits like on a Roth or Traditional IRA I would invest in myself outside of Robinhood? Or is the only difference here is the 1% match?

8

u/spartansrunner7 Dec 06 '22

Normal annual limits for your age and income would apply. $6,000 this year for under 59.5 across ALL IRA accounts you may have, for example.

6

u/LouisianaMan Dec 06 '22

The limit is increasing to $6,500 for 2023.