Robinhood announced this week that they're coming out with both traditional and ROTH IRA's that come with a 1% match! Is Robinhood's 1% Match Retirement Accounts Worth it? AS ALWAYS THIS IS NOT FINANCIAL ADVICE! Retirement accounts are some of the best way to build wealth out there. You know it’s worth using when the government restricts how much money you can put in per year. Just like a Robinhood change the game with commission free trading, they’re at it again!. Today we talk about Robin Hood‘s one percent IRA match accounts. This includes a traditional and Roth IRA option. I answer some of the main questions that I had when I saw this announcement. Does the match count towards your contribution limit? Who would benefit from using this Roth IRA? And finally what does Robin Hood have to game from a situation like this? I answer all of these questions in the video and I hope you learn something from it. Do you plan on using Robinhood retirement accounts for the
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)