Robinhood launches retirement savings accounts

Dec 7 2022 by Fast Company

The platform renowned for enabling day trading and meme stocks is getting into the retirement-savings game.

Stock trading app Robinhood wants its users to start planning for retirement. The San Francisco-based company announced today that it’s launching retirement accounts, allowing day traders and others to start saving via IRAs and Roth IRAs, a move that puts the platform in more direct competition with traditional brokerages.

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