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REDDIT

Robinhood vs SoFi IRA Match = Joke?

G
May 1, 2026 · 12:47

Some people will say that free money is a good thing, and I would agree. However, a 3% match (RH Gold) only yields $225 a year in a Roth IRA if you are under age 50, and $258 per year if over age 50. With a SoFi match, you're only getting $75 to $86, respectively. Those numbers don't exactly light the afterburner for investing. Yes it is free money, but it doesn't amount to much of anything in the big picture.

What am I missing with these accounts? Is it all a gimmick?