The Premium IRA match is a 3% match on net contributions made to a Roth or a Traditional IRA between your enrollment date in the offer and 12/30/24 up to a maximum contribution amount of $8,000, unless you have an IRS contribution limit that is lower. Compared to our 1% IRA Match, this is an additional 2% match on net contributions made to a Roth or a Traditional IRA for users in our latest version of Premium.
To be eligible for the Premium 3% offer, you must have become a Premium client or upgraded your plan on or after 4/25/2024 and be eligible for additional benefits with the Premium plan 0.65% annual fee. If you upgrade to Premium after 10/10/2024, your offer enrollment date will be the date that you upgrade. If you’ve already enrolled in the 1% IRA match, we will match contributions since the date that you claimed that 1% offer.
Does the IRA match count towards my IRS contribution limit?
The match isn’t counted toward your annual contribution limits.
The IRA contribution limits set by the IRS for 2024 are:
- $7,000 if you are under age 50, which means you can receive up to $70 through the 1% IRA match, or $210 through the 3% Premium match.
- $8,000 if you are age 50 or over, which means you can receive up to $80 through the 1% IRA match, or $240 through the 3% Premium match.
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