Robinhood vs Acorns IRA Match | Which is Best?

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Both Robinhood and Acorns offer a 1-3% match for your IRA, but which gives us the most benefit and the least hassle?

0:00 Intro
0:17 Robinhood Match
1:42 Holding period
4:28 Membership Costs
5:38 Overall Features other than this
5:53 Dollar for Dollar Best Value
5:58 Major factor for Robinhood
7:23 Best overall
10:09 Secret

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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

Updated Acorns Affiliate disclosure as of 4/9/24:

^This doesn't mean I was paid to make this video, it means I have an affiliate relationship with the company which allows me to make money from you using my links to sign up for services.
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Robinhood gold member since 2021 and it’s been amazing. Been paying 5 a month since then but now the reduced priced of 50 a year makes it even more of a steal. Awesome video. Glad I don’t use acorns

derookiee
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Acorns for me. Love the set it and forget it. I don’t have time to divide all my money into different funds. Lol that’s just me though. Best thing is to just invest anything you can people. No matter how big it small.

WattsJon
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Robinhood do not have a phone number to speak with a live representative, that is scary, especially when they are dealing with your money.

REPruittOrganization-uetq
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2 related videos at basically the same time. Yay!

eldersprig
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Whoa! 2 Brendan Evan videos in one day!?!?!

williamsease
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Getting this setup in Acorns is super clunky. The non Might Oak checking dosn't qualify for the fee waver with $250 direct deposit. So I have to wait 2 weeks to make sure my DD doesn't go into the old checking I need to close. After that I'll close the account, open the new Might Oak checking and wait another two weeks for the DD to get setup, meanwhile I'm getting the monthly fee charged while this whole process takes place.

yorxs
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Hey does anyone know if this is a one time match or a continuous annual match?

Thegrey
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I don't understand how RH IRA match works. I was thinking I would just start a new IRA over at RH because my one at fidelity is regrettably locked in with Fidelity branded TDF's. So with that in mind, do i need to deposit $7000 lump sum in order to get the 3 % match or can I pay into it month to month this tax season. Im only confused because of that transfer/roll-over deal that RH also had sounded like a lump sum deal.

bdonovable
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How long does the 1 % match last? Is this a 1 year thing or does this last forever

irbe
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i love the M1 finance layout, just wish they had a 1% match for free!

yourmanzach
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Is it true that in 2025 IRA is going to be 10, 000

isolinomartinez
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Does Acorn IRA match any amount I contribute to my later account?

roce
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