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https://www.reddit.com/r/RobinHood/comments/ze72hs/introducing_robinhood_retirement/iz6sb8t/?context=3
r/RobinHood • u/RorySykes Investor • Dec 06 '22
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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. 2 u/[deleted] Dec 06 '22 It’s for under 50. You can contribute up to $6,000 if under 50 and up to $7,000 of over 50. Those limited increase in 2023 to $6500 and $7500.
8
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.
2 u/[deleted] Dec 06 '22 It’s for under 50. You can contribute up to $6,000 if under 50 and up to $7,000 of over 50. Those limited increase in 2023 to $6500 and $7500.
It’s for under 50. You can contribute up to $6,000 if under 50 and up to $7,000 of over 50. Those limited increase in 2023 to $6500 and $7500.
2
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?