Boost IRA Retirement Contributions by the April 15 Deadline

The only 3% retirement boost

The only 3% retirement boost
(Image credit: Robinhood)

An individual retirement account (IRA) is a way to invest for the future with tax advantages. But time is running out to add money, as April 15 is typically the last day to make 2023 contributions. 

For extra motivation, Robinhood offers up to a 3% retirement match for investors who contribute to an IRA and subscribe to Robinhood Gold. 


A rollover is not your only option for an old 401(k). You generally have 4 options for what you can do with a 401(k) from a former employer. There are pros and cons to each that you should consider. This isn’t tax advice. Consult a tax professional to understand your unique situation. For more information, please visit Robinhood’s Help Center or FINRA’s site.

The 3% matching on contributions requires a subscription with Robinhood Gold (fees apply), must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. You must have compensation (wage income) in order to contribute to an IRA. The funds that earned the match must be kept in the account for at least 5  years to avoid a potential Early IRA Match Removal Fee. For more information refer to the IRA Match FAQ.

3% match requires Robinhood Gold (subscription fee applies) for 1 yr from the date of first 3% match. Must keep Robinhood IRA for 5 years.

The 3% matching on transfers is subject to specific terms and conditions.

You must have compensation (wage income) in order to contribute to an IRA. Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.

The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.

Limitations apply to both types of retirement accounts. Please refer to the IRS's IRA Deduction Limits for more information.

IRS contribution limits for 2023 are $6,500 ($7,500 if you're age 50 or older) annually. Visit the IRS site for more information.

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