Robinhood Roth IRA Retirement Accounts match you 1% on your contributions

Robinhood takes a lot of flack, but this is...significant. 

Yes, 1% of the $6,500 annual IRA limit is only $65, but $65 is $65 (!) and lets not forget the power of compounding!! 

You never pass on free money and you always take the match. Robinhood is paying one, no employer necessary which is pretty freaking amazing. They are treating this as interest so their match evidently doesn't count against the annual contribution limit. 

I set up an account made an initial deposit, had an immediate match of 1% in the account that I could invest. 

You knew I was going to pimp my referral link, didn't you? If you don't have an account (and believe me, I understand why) consider it just for the free money to invest in a Roth. I look at it like a great deal on commodity service and a completely financial decision, not like a brand-loyalty or identification thing.

I will say their app and website has an amazing UX, though. 


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