Recently I wrote about the new Robinhood Gold Card. It pays 3% cash back on all purchases, making it one of the most valuable rewards credit cards available today. As I noted in the article, however, to qualify you must be a Robinhood Gold member, which costs $50 a year if paid annually. So what’s this got to do with retirement savings?
As a member of Robinhood Gold, you also get a 3% match on all IRA contributions. For those that max out their IRA this year with $8,000 in contributions, Robinhood throws in an extra $240. What I want to talk about in this article is the 3% match Robinhood is offering when you transfer an IRA to Robinhood. This is a limited time offer that expires on April 30th.
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