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

I have about 1.5M between two Roth IRA's and two 401k's that I could potentially transfer over. Seems like a pretty good deal for about $45k.

FOr the 401k's one is at fidelity and the other is at Merrill Lynch. I would assume it would make sense to transfer to an IRA first at Fidelity and then an IRA at Merrill then perform the transfer to prevent additional time out of the market. Or do you think it would make more sense to transfer both to a Fidelity IRA then move to Robinhood?

I've been splitting up my 401k->IRA transfers into multiple transactions to reduce expected change in value between withdrawal and cash. Once it's invested in ETFs in an IRA account I don't really mind if it takes a while to transfer the assets since I have almost two months to finish the transfers for the bonus.

Yeah. What do you need help with?

Just confirmation. It's a big thread which I skimmed and wanted to make sure I got it right. Thank you.

Looks like you got it. You need to keep Gold for at least one year from the first transfer, and keep the transferred funds + bonus for five years. There's a terms and conditions document that covers this that you may want to keep a copy of.

Statistics: Posted by Lyrrad — Sat Mar 02, 2024 4:48 pm — Replies 1205 — Views 83337

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