Robinhood's 3% IRA Transfer Bonus Is Back — But Read This Before You Move Your Money

If you've been thinking about moving an old IRA or 401(k) to Robinhood, there's a fresh incentive on the table. Through November 13, 2026, Robinhood is offering a 3% bonus on IRA transfers and 401(k) rollovers. That's a pretty generous match — but it comes with some strings attached, and it may not be available to everyone. Here's what you need to know before you pull the trigger.

What Exactly Is the Deal?

Robinhood is dangling a 3% bonus for anyone who moves an IRA or rolls over a 401(k) into a self-directed Robinhood IRA. The promotion runs through November 13, 2026, and the bonus is calculated on your net new transfers — meaning they add up everything you bring in during the promo window and subtract anything you move out.

One important caveat: this offer appears to be targeted. There's no public landing page that I could find, so you'll need to check your Robinhood app or account for a personalized offer. If you don't see it, you may not be eligible this time around.

The Five-Year Handcuff

Here's the part that deserves your full attention: you have to keep your assets in the Robinhood IRA for at least five years. If you pull money out before then, you could get hit with an early IRA match removal fee. That's Robinhood's way of clawing back the bonus if you don't stick around.

Five years is a long time in the investing world. Before you commit, ask yourself if you're comfortable leaving that money parked at Robinhood for that long. If there's any chance you'll need to move it sooner, this deal probably isn't for you.

How the Bonus Is Calculated

For IRA transfers, the bonus is based on the net inflow of cash, securities, and options that actually settle in your account. Robinhood uses the closing price on the trading day before settlement to value the positions. If any securities get rejected during the transfer, they won't count toward your bonus.

For 401(k) rollovers, it's simpler: the bonus is a percentage of the total rollover amount. Just keep in mind that rollovers can take two to four weeks to complete, so don't wait until the last minute to initiate one.

Fees and Reimbursements

Robinhood doesn't charge you to transfer assets in, but your current brokerage might charge an outgoing transfer fee. Good news: if you're transferring $7,500 or more, Robinhood will reimburse up to $75 of those fees. You'll need to contact them to request the reimbursement.

One catch — this reimbursement only applies to IRA transfers, not 401(k) rollovers. If your plan administrator charges a direct rollover fee, that's on you.

Should You Bite?

A 3% bonus is nothing to sneeze at. On a $100,000 transfer, that's $3,000 in free money — assuming you qualify and you're willing to lock it up for five years. But this isn't a decision to make lightly. Rolling over a 401(k) or moving an IRA has real consequences, and a bonus shouldn't be the only reason you do it.

Consider your investment options, the platform's features, and whether Robinhood fits your long-term strategy. If everything lines up and you can commit to the five-year hold, this could be a nice boost. If not, there's no shame in passing.

Bottom Line

• 3% bonus on IRA transfers and 401(k) rollovers through Nov 13, 2026.
• Likely targeted — check your Robinhood app for a personalized offer.
• Must keep assets in the Robinhood IRA for 5 years or risk an early removal fee.
• Transfer fee reimbursement up to $75 for transfers of $7,500+ (IRA transfers only).
• Bonus is based on net new transfers, so outflows during the promo period reduce your bonus.

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