re: My experience with transferring an IRA to Robinhood for the 3% match

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The matches do not count towards the max contribution, similar to 401k. So you can still contribute the full $7k in the IRA for this year and they will match 3% of that for an additional $210.

So really you end up with $7,210 in your IRA this year before any market changes. Edit - this is assuming you have Gold with them, which does cost $50/yr or $5/mo.

So even then it more than pays for itself if you max an IRA out.

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Kind of surprising…. Assuming the money goes into the IRA account and not a bonus paid into just a regular brokerage. Employees have had this right with 401k, but I guess I’ve never heard of such with IRAs. Seems like a private company would not* have the authority to over contribute and essentially grant additional tax free earnings.

Interesting to see where this goes