Timothy Sumer

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 accurate co

Robinhood's retirement accounts are finally here! In this video we open a Robinhood Roth IRA account, go over the benefit/ features, and make a purchase in our retirement account . After years of Robinhood talking about adding retirement accounts, it’s finally here. Plus I am finally off the 500,000+ person waitlist to open my very own Robinhood retirement account ! In this video we are going to setup our Robinhood Roth IRA account, go over first impressions of the new retirement section of Robinhood, talk about the features/benefits you should be aware of, and actually make our first purchase within our roth IRA account. Earn up to $200 in free stocks signing up for Robinhood - This video is great for anyone who is considering opening their own Robinhood retirement account with the traditional IRA or roth IRA. So let’s get started! Video link to transferring retirement accounts (IRA, roth IRA, 401k, and roth 401k) from other brokerages (Vanguard, Webull, E-trade