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  • 3 days ago
Can I Transfer My 401k To Robinhood - You can transfer your 401(k) to Robinhood by rolling it over into a Robinhood IRA, either Traditional or Roth, depending on your original account type. Robinhood partners with Capitalize to assist with the rollover process, including locating old accounts. The platform supports most stocks, ETFs, and cash but does not accept mutual funds or bonds, which may require liquidation before transfer.
Transcript
00:00Can I transfer my 401k to Robinhood?
00:03You can transfer your 401k to Robinhood by rolling it over into a Robinhood IRA, either
00:09traditional or Roth, depending on your original account type.
00:13Robinhood partners with Capitalize to assist with the rollover process, including locating
00:18old accounts.
00:19The platform supports most stocks, ETFs, and cash but does not accept mutual funds or bonds,
00:25which may require liquidation before transfer.
00:29Users report that the process is straightforward but caution that Robinhood lacks the retirement
00:33planning tools and customer service depth of traditional brokerages.
00:37Critics argue that Robinhood's focus on trading may not align with long-term retirement goals.
00:43The platform offers a limited-time 3% match for rollovers with a Robinhood Gold subscription,
00:48which some find appealing.
00:50Despite the incentives, many users recommend considering more established firms for retirement
00:55assets due to broader investment options and stronger regulatory reputations.

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