Headlines: Robinhood's Retirement Push & SECURE 2.0
Show notes
What Else Is in the New SECURE 2.0? | National Association of Plan Advisors
There’s a lot still to unpack in the new SECURE 2.0 Act of 2022, but 24 hours after its publication, here are some additional highlights. First off, it’s worth reiterating that the legislation still needs to be approved by both the House and Senate, and signed by President Biden.
Behind Robinhood’s Retirement Push
Online brokerage Robinhood’s head of investment management left a 21-year career at J.P. Morgan to reach a wider population of American investors. She’s getting the chance with an IRA aimed at the gig economy.
The Robinhood IRA Match and employer 401(k) match both offer matches on contributions, but they aren’t the same. For starters, the IRA Match does not count toward your annual contribution limit so you have more to invest.
There’s a lot still to unpack in the new SECURE 2.0 Act of 2022, but 24 hours after its publication, here are some additional highlights. First off, it’s worth reiterating that the legislation still needs to be approved by both the House and Senate, and signed by President Biden.
Behind Robinhood’s Retirement Push
Online brokerage Robinhood’s head of investment management left a 21-year career at J.P. Morgan to reach a wider population of American investors. She’s getting the chance with an IRA aimed at the gig economy.
The Robinhood IRA Match and employer 401(k) match both offer matches on contributions, but they aren’t the same. For starters, the IRA Match does not count toward your annual contribution limit so you have more to invest.