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Investing - Theory, News & General • Robinhood 3% IRA Match

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I believe I saw that Robinhood charges a $100 fee to move money out of Robinhood. That's not a crazy amount relative to the 3% match. Can that be changed in the future? Can it possibly be a percentage in the future? I still have a lack of faith here and looking for a potential catch.
Do you know of any broker that charges a percentage fee to close out an account?
I do not, but I really don't follow these things hence the question. Just seems to me if they are offering a very large unlimited bonus based on a percentage, and they want to cover themselves, having a transfer out fee that is also based on a percentage could prevent a mass exodus in 5 years.
And would also be followed by massive lawsuits and kill their chance for any new clients.

Statistics: Posted by yougotitdude — Wed Mar 13, 2024 10:59 am — Replies 1379 — Views 101345



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