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Reply to "Is there government match to Roth TSP?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You are stepping over dollars to pick up pennies. Open up a Roth with Robinhood, get a match when they offer it, and buy low, sell high. I did 100% last year and on track to do the same this year. Vanguard is useless dinosaur. [/quote] If a standard user contributes $7,000 to their Roth IRA (the maximum for 2024), Robinhood would contribute $70 (1% of $7,000). If a Gold member contributes $7,000, Robinhood would contribute $210 (3% of $7,000). That's literally peanuts from Robinhood matching, not worth it to open account with them.[/quote] I moved a $1m Roth to Robinhood and they added a 3% $30,000 bonus directly to the Roth. Didn’t seem like peanuts to me.[/quote]
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