In this video, I walk through the new announcement from Robinhood yesterday, December 6, 2022 in which they will be offering a feature for individuals to open a ROTH IRA or Traditional IRA. 🛑 SUBSCRIBE! : shorturl.at/fL014 Since this is new, we have yet to try it, but it looks promising, and I like how they are promoting saving for retirement by offering these two options. There is a waitlist for this new Robinhood feature which you will need to sign-up on their website. To encourage people to create a Roth or Traditional IRA with Robinhood, they will match 1% for every dollar contributed. So in 2022, if you contribute the max, that will be $60 they will add to your account. It’s not a game changer, but its something. What I don’t see is they will be able to assist with those high-earners that can’t contribute directly to a ROTH IRA and have to use the back-door approach. About my channel: Rob CPA channel was created with a mission to provide viewers with ...
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 :)