2025 Update: Earn Up to 3.5% IRA Bonuses with Robinhood & Webull - Limited Time Offers!

Act Quickly—These IRA Bonus Offers End April 30, 2024!

Essential Highlights

• Webull offers a 3.5% cash bonus, while Robinhood provides a 3% match on IRA contributions, rollovers, and transfers.
• Eligible IRA types include traditional, Roth, and rollover accounts.
• Funds must settle by April 30, 2024, to qualify for the bonuses.
• Both require a five-year holding period on deposited funds to receive the full bonus.
• Robinhood mandates a Gold membership subscription ($5/month) for at least 13 months to qualify.

Maximize Your IRA with Webull's 3.5% Bonus

• Minimum Deposit: $0
• Zero commission on stocks, ETFs, and options trades

Webull is rewarding IRA customers with a 3.5% cash bonus on deposits settled by April 30, 2024, up to $1 million. Eligible accounts include traditional and Roth IRAs, funded via new contributions, transfers, or 401(k) rollovers.

Start your transfer early to ensure funds settle before the deadline. For 2024 contributions, the limit is $7,000 (or $8,000 if age 50+), which must be deposited by April 30 for the bonus.

Pro Tip

With the 3.5% Webull bonus, transferring $100,000 can yield a $3,500 bonus paid in five annual installments of $700. Keep funds in the account for five years to receive all payments. Early withdrawals forfeit remaining bonuses, but previously paid amounts remain yours.

Note: Bonuses are paid into a taxable brokerage account, treated as interest income annually, so prepare to report it on your tax returns.

Robinhood’s 3% IRA Bonus - What You Need to Know

• Minimum Deposit: $0
• Zero commission trading on stocks, ETFs, options, and cryptocurrency; futures contracts fees apply

Robinhood offers a 3% bonus on IRA contributions, transfers, or rollovers settled by April 30, 2024, with no maximum deposit limit. Eligible account types include traditional and Roth IRAs.

To qualify, you must be a Robinhood Gold member for at least 13 months. Gold membership costs $5/month and provides additional benefits, such as 5% APY on uninvested cash, compared to 1.5% without Gold.

Pro Tip

If transferring $7,500 or more, Robinhood reimburses up to $75 in account transfer fees, making this offer even more valuable.

Unlike Webull, Robinhood pays the full bonus after funds settle, directly into your IRA, avoiding immediate tax consequences. Roth IRA holders will never pay taxes on this bonus, while traditional IRA holders pay taxes only upon withdrawal.

Compare the Offers

Webull

• 3.5% bonus up to $1 million on contributions, transfers, and rollovers
• Bonus paid in five annual installments, taxable as interest income
• Funds must be held for five years to receive full bonus
• Requires taxable brokerage account for bonus deposits

Robinhood

• 3% bonus with no deposit limit
• Bonus paid once directly into the IRA account, tax-advantaged treatment
• Five-year holding period required
• Requires Gold membership for at least 13 months ($5/month)

Who Should Consider These IRA Bonuses?

These promotions are ideal for investors opening new traditional or Roth IRA accounts and those with significant balances to transfer or rollover. However, consider the five-year commitment and tax implications before participating.

Avoid if you:

• Plan to withdraw funds within five years
• Prefer consolidated accounts in one brokerage
• Want flexibility to move funds frequently
• Wish to avoid taxable events from bonus payments (Webull)

Explore Top Online Brokers and High-Yield Savings Accounts (May 2025)

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