IRA Bonus Details
All the brokers we list offer special IRA deals and benefits. Some give large match bonuses, others have low-cost investment choices, and some even offer free stocks.
Firstrade
Firstrade offers a unique IRA deal that pays back up to $250 in ACAT fees when you move your IRA to them.
If you transfer your IRA to Firstrade, you might receive a bill for ACAT transfer fees from your old broker. If you pay this bill, you can send Firstrade a copy of the receipt, and they will pay you back.
To get this bonus, you must have at least $2,500 in your account and keep it there for a year.
Why Firstrade?
Firstrade is a good choice for an IRA because it offers free trading. While many brokers say they are "commission-free," they still charge fees for things like options contracts, mutual funds, and OTC securities. Firstrade does not charge these fees.
Another reason to choose Firstrade is the wide range of investment options, letting investors build varied portfolios. Firstrade gives access to stocks, ETFs, many mutual funds, fixed-income products, penny stocks, and options trading.
Charles Schwab
Charles Schwab's IRA deal gives a deposit match that could offer new account holders up to $1,000 when they open and fund a new account, including IRAs.
The bonuses at Schwab depend on how much you deposit:
$25,000 - $49,999 = $100
$50,000 - $99,999 = $300
$100,000 - $499,999 = $500
$500,000 or more = $1,000
Make sure to deposit your chosen amount within the first 45 days of opening your account to get your bonus, which is paid soon after.
Why Schwab?
Charles Schwab is a large, stable company that offers many research tools, advanced trading platforms, and expert advice.
You can choose from many investment options that match your financial goals and risk level. Plus, Schwab is a zero-commission broker, which means there are no fees for trades and no minimum account balance needed.
Robinhood
Robinhood offers a different match bonus for IRA rollovers and new contributions, making it a good option.
Robinhood's IRA Match program has two levels: standard and Gold. Standard accounts get a 1% match on contributions and transferred funds, such as from an old 401(k). Gold members get a 3% match.
There is no limit to the amount Robinhood will match. If you transfer IRAs from other brokers, you could immediately earn 3% on those funds by signing up for Robinhood Gold and moving your accounts.
Two things to note: you must keep the transferred funds in your account for five years to keep the bonus, but during that time, your money can grow.
Why Robinhood?
Robinhood is popular for its simple interface, ease of use on mobile devices, low trading fees, and direct access to stocks, ETFs, and cryptocurrencies. The Robinhood Spending account also works well with other services the broker offers.
Webull
Webull is known for its generous bonus offers, especially for IRAs.
Webull's current deal rewards new accounts with up to 75 stocks from major US companies, depending on how much you deposit. Here are the tiers:
- Up to $499.99 deposit: 3 fractional shares
- $500 to $24,999 deposit: 20 stocks
- $25,000 and over deposit: 75 stocks
To keep the stocks, you must leave your deposit in your Webull account for at least 30 days.
Webull also offers a Spring IRA Match deal, giving a 3.5% match on deposits. You must keep the qualifying amount in your account for five years to keep the bonus, receiving 20% of the 3.5% each year.
Why Webull?
Webull attracts active traders with its advanced trading tools, smooth platform integration, customizable dashboards, and support for multiple monitors. It is also a commission-free broker, which means it does not charge fees for options contracts.
Acorns
Acorns is another broker offering special IRA choices through 'Acorns Later'—ideal for those who prefer simple, automatic investing. When you open a new Acorns account and fund it with at least $5, you get a $20 bonus.
Acorns Later offers SEP IRAs, Traditional IRAs, and Roth IRAs, all with the help of Acorns's easy-to-use financial tools.
Why Acorns?
Acorns is great for those who want simple and automatic investing. Your money is invested in ETFs based on your chosen portfolio mix, which you can change at any time.
Updated on 3/1/2025.
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