Robinhood for $18k/ 3% Gold Match. Worth it? : r/Bogleheads

Tolerating Robinhood for $18k / 3% Gold match. Worth it? I have around $300k in my 401k with previous employer before layoff and $300k in Roth IRAs with Fidelity. With Robinhood gold - I …

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Robinhood For $18k/ 3% Gold Match. Worth It? : R/Bogleheads

2 weeks from now

Tolerating Robinhood for $18k / 3% Gold match. Worth it? I have around $300k in my 401k with previous employer before layoff and $300k in Roth IRAs with Fidelity. With Robinhood gold - I …

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Is It Worth Switching To Robinhood For The 3% Match?

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I switched my contributions to Robinhood to get the 3% match. You do have to pay $5 a month for gold but gold also has other benefits like a higher interest rate on uninvested cash and other …

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Robin Hood 3% Match : R/Bogleheads - Reddit

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Fees are acceptable as long as you profit in the end, that's how cc's work too. Gold for 1 year is $60, 3% match on $6500 is $195. You just profited $135 on just $6500. This isn't including the …

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Any Reason Not To Go With Robinhood's IRA Matching Offer?

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Sep 13, 2024 · To keep the 3% match (or 1% match for non-gold members), the contribution that earned said match must remain in the IRA for at least 5 years. For example, say you …

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Robinhood 3% IRA Match - Page 3 - Bogleheads.org

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Jan 19, 2024 · Will 3% transfer match apply if I open both a traditional and Roth account and transfer to each? ... For those doing this, don’t forget that you can $1000 of margin free with …

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Robinhood 3% IRA Match - Bogleheads.org

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Aug 7, 2023 · Notice that this is very very very different from a 401(k) employer "percentage match." A "3% match" on a 401(k) means that if you contribute 3% of your salary, the …

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Robinhood 3% IRA Match - Page 26 - Bogleheads.org

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Mar 5, 2024 · Another boglehead had determined it wasn't worth the bother, I agreed with their logic. ... So i just opened a roth at Robinhood to take advantage of the 3% match after signing …

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R/Bogleheads On Reddit: Is Robinhood’s 3% IRA Match Worth It …

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If you borrow $1000 and invest it all in SGOV, you’ll make $1053.20. You then pay back $1000 and keep the $53.20. This arbitrage means Robinhood Gold costs $6.80/year at current …

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Robinhood 3% IRA Match - Page 25 - Bogleheads.org

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Mar 2, 2024 · If a customer has received a Robinhood Gold IRA Deposit Match, and they ... So what it is the consensus of transferring over more than 500k to Robinhood. Worth the risk for …

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Robinhood Gold 3% IRA Match - Is It Worth It?

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I'm interested in getting people's take on Robinhood's 3% IRA match offer. Do you think it's worth it? The 3% applies only to new contributions, and you have to pay for Gold for a full year AND …

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What Do You Guys Think About Robinhoods New Announcement: …

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$6500 in a Roth IRA times 3% is $195. Minus the $60 you have to spend on Robinhood Gold, you come out $135 per year ahead each year. The best part is that the $60 comes out of normal …

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Robinhood 3% IRA Match - Page 31 - Bogleheads.org

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Morik wrote: ↑ Tue Mar 26, 2024 11:07 pm For those that enable stock lending, my thoughts regarding the trade-off of Robinhood's 3% contribution match vs lower stock lending returns, …

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Robinhood 3% IRA Match - Page 21 - Bogleheads.org

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Feb 24, 2024 · corduroysuit wrote: ↑ Tue Feb 20, 2024 1:24 am Seems like the common wisdom here is to take the 3% bonus and then stop paying for Gold after a year. (Then leave funds at …

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What Do You Guys Think About Robinhoods New Announcement: …

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Robinhood announced in their earnings call yesterday that they are increasing the IRA match for gold members from 1% to 3%, which seems huge, especially if it’s applicable to 401k transfers …

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7855 Boulevard E, North Bergen Twp., NJ 07047-5923 - Redfin

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Jul 29, 2022 · 1 bed, 1 bath house located at 7855 Boulevard E, North Bergen Twp., NJ 07047-5923 sold for $390,000 on Jul 29, 2022. MLS# 3782805.

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Robinhood 3% IRA Match - Page 35 - Bogleheads.org

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Apr 6, 2024 · whodidntante wrote: ↑ Tue Apr 09, 2024 2:14 am Just as a matter of record, I have backed up the terms and conditions of the Robinhood 3% IRA match. No doubt, some hapless …

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Robinhood Gold New 1% Deposit Match : R/Bogleheads - Reddit

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The 3% match is in exchange for you paying for a Robinhood gold subscription, and the 1% deposit match is in exchange for signing up for their annual fee credit card. ... I see so many …

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FAQs about Robinhood for $18k/ 3% Gold Match. Worth it? : r/Bogleheads Coupon?

How much does Robinhood gold cost?

That means Robinhood Gold costs $6.80/year. Then if you contribute $6500 to your IRA, you'll have $6695 (3% of 6500 is $195.) If you contribute $7500, you'll have $7725 (3% of 7500 is $225.) That works out to just under 3% for the match. The match is permanent and available every year. My favorite part is that the entire bonus is tax advantaged. ...

How much money does Robinhood give a 401K & IRA?

If max out your Roth IRA every year from 25 to 65, it compounds out to over $50,000 extra tax free. Furthermore, Robinhood has a 1% match on all 401k and IRA rollovers and transfers. There's no maximum limit. So if you transfer in $5 million of cash or securities, you get $50,0000 cash as a bonus. ...

Does Robinhood offer a 401K & IRA match?

Furthermore, Robinhood has a 1% match on all 401k and IRA rollovers and transfers. There's no maximum limit. So if you transfer in $5 million of cash or securities, you get $50,0000 cash as a bonus. Theoretically, this means Peter Thiel could transfer in his entire IRA and get an enormous match. But I'd recommend staying below the insurance limits. ...

Does Robinhood keep a one-time match?

The unique thing here is that while most matches are a one time thing, Robinhood has stated they'll keep this match around as long as they're still in business. So instead of getting a one time match, you get 3% on your Roth IRA contributions every year. ...

How much does Robinhood membership cost?

Requires $60/year "Gold" Membership. Gold membership includes $1000, 0% interest margin. Margin SGOV, make $20-$50/year. Membership net, $10-$40. Benefit = $155-185/ year in extra Roth dollars. Required to hold money at Robinhood for 5 years to keep money. This is the worst sticking point in my opinion. Interested to hear opinions. ...

Is Robinhood gold a good investment?

It seems like it's the best and cheapest place to hold a lazy portfolio now. Contributing $6500/year means you get $195/year. You have to pay $60/year for Robinhood Gold though. So you come out $135/year ahead. Robinhood Gold also comes with $1000 of 0% interest margin. ...