"Maximizing Retirement Savings with a 3% Rewards Credit Card"

1 min read
Source: Forbes
"Maximizing Retirement Savings with a 3% Rewards Credit Card"
Photo: Forbes
TL;DR Summary

Robinhood Gold offers a 3% match on IRA transfers, with no limit on the amount matched, but members must pay a $50 annual fee and keep their IRA with Robinhood for 5 years to retain the match. Taking distributions from the IRA may trigger a clawback of the match, and while the process of transferring an IRA to Robinhood is relatively easy, some investors have doubts about the platform's suitability for long-term wealth building.

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