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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Adam Parker, Gabriela Santos, & Stephanie GuildAdam Parker, Trivariate Research founder and CEO; Gabriela Santos, JPMorgan Asset Management global asset strategist; and Stephanie Guild, Robinhood head of investment strategy, join CNBC's 'Closing Bell' to discuss market outlooks.
Persons: Adam Parker, Gabriela Santos, Stephanie Guild Adam Parker, Stephanie Guild, Robinhood, CNBC's Organizations: Trivariate Research, JPMorgan Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's Gabriela Santos: Next year's markets will be driven by policyAdam Parker, Trivariate Research founder and CEO; Gabriela Santos, JPMorgan Asset Management global asset strategist; and Stephanie Guild, Robinhood head of investment strategy, join CNBC's 'Closing Bell' to discuss market outlooks.
Persons: JPMorgan's Gabriela Santos, Adam Parker, Gabriela Santos, Stephanie Guild, Robinhood, CNBC's Organizations: Trivariate Research, JPMorgan Asset Management
The retail brokerage will pay a 1% "match" on contributions its customers make to a Robinhood individual retirement account, the firm said Tuesday. The firm is billing it as the first-ever match paid to retail IRA customers (i.e., outside of a workplace retirement plan.) A 401(k) match is a common retirement benefit offered by employers that sponsor a workplace retirement plan. How the match worksA 401(k) match is generally structured as a share of employee contributions. There aren't any contribution or account minimums to get the Robinhood match, and trades don't carry commissions.
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