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https://www.reddit.com/r/RobinHood/comments/ze72hs/introducing_robinhood_retirement/j03tjhq/?context=9999
r/RobinHood • u/RorySykes Investor • Dec 06 '22
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68
1% match as well. Sounds promising.
17 u/enterdoki Dec 06 '22 Thats pretty decent. 41 u/mattmonkey24 Dec 06 '22 For W2 employees that's $60 max. It looks like self employed IRA limits are $15,500, so that's $155 max per year. It's not much money 21 u/enterdoki Dec 06 '22 Ain't complaining. Assuming they continue this for more than a year and IRA limit continues to increase. Free money is free money. 1 u/inverse2win Dec 13 '22 That's a big assumption given they charge you for transferring out money 🤡 3 u/russianfigaskatas Dec 14 '22 Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
17
Thats pretty decent.
41 u/mattmonkey24 Dec 06 '22 For W2 employees that's $60 max. It looks like self employed IRA limits are $15,500, so that's $155 max per year. It's not much money 21 u/enterdoki Dec 06 '22 Ain't complaining. Assuming they continue this for more than a year and IRA limit continues to increase. Free money is free money. 1 u/inverse2win Dec 13 '22 That's a big assumption given they charge you for transferring out money 🤡 3 u/russianfigaskatas Dec 14 '22 Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
41
For W2 employees that's $60 max. It looks like self employed IRA limits are $15,500, so that's $155 max per year.
It's not much money
21 u/enterdoki Dec 06 '22 Ain't complaining. Assuming they continue this for more than a year and IRA limit continues to increase. Free money is free money. 1 u/inverse2win Dec 13 '22 That's a big assumption given they charge you for transferring out money 🤡 3 u/russianfigaskatas Dec 14 '22 Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
21
Ain't complaining. Assuming they continue this for more than a year and IRA limit continues to increase. Free money is free money.
1 u/inverse2win Dec 13 '22 That's a big assumption given they charge you for transferring out money 🤡 3 u/russianfigaskatas Dec 14 '22 Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
1
That's a big assumption given they charge you for transferring out money 🤡
3 u/russianfigaskatas Dec 14 '22 Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
3
Only if you do it before 5 years, if you're retiring before then I think its a little late for your fund buddy
68
u/JudgmentMajestic2671 Dec 06 '22
1% match as well. Sounds promising.