So you’ve heard about the IRA match, but aren’t quite sure what it means. We’ve got you covered.

Let’s unpack what an IRA match is, contribution limits, and how it differs from a traditional employer match.

What is an IRA Match

An IRA match is a program offered by brokerage firms and investment platforms, where they contribute a certain bonus percentage to your IRA contributions and 401(k) rollovers.

The standing ongoing match rate is 1%, but some platforms offer time-bound promotional offers, where they contribute 3% of your contributions. For instance, if you move $100 into an IRA, you will get $3.

The match applies to contributions and rollovers from eligible employer plans (like a 401(k), 403(b), or 457(b)). SoFi takes things a bit further — Even contributions into Automated IRA, Automated Roth IRA, Active IRA, and Active Roth IRA are eligible for the match.

Contribution Limits for an IRA Match

The IRA match is subject to the same contribution limits as set by the IRS every year. For 2025, the contribution limits are as follows:

  • $7,000 for individuals under 50
  • $8,000 for individuals age 50 or older

Keep in mind that there are no income limits for traditional or Roth IRAs. Therefore, the same applies to the IRA match offer.

There is no cap or limit on the 401(k) rollover match. However, the rollover must be completed via your chosen provider’s integrated platform.

Is an IRA Match the Same as an Employer Match?

This is where a lot of people get confused. The IRA match is not the same as an employer’s 401(k) match.

First off, the employer match is a contribution that your employer makes to your retirement account. This is typically a 401(k). In contrast, the IRA match is a promotion offered by a brokerage firm or an investment platform that offers IRAs.

Moreover, the IRA matches do not count toward your annual contribution limit. But employer matches sometimes do.

Lastly, certain key factors determine your eligibility for an employer match. This includes your age, length of service, and the contribution amount.

But the IRA match is generally available to plus members of the company, which means you might have to pay an additional fee.

Retirement

What to Consider

Before you sign up for the IRA match, consider the following things:

Matching percentage

Matching percentages vary. Many platforms offer an increased percentage during certain months. It’s best to check for current promotions.

Vesting period

Most firms and platforms have a 2-year vesting period. In simple terms, the contributions must stay in your IRA for at least two years from the date of deposit.

Account type

Make sure your specific IRA account is eligible for the match. As mentioned earlier, the match is available for both traditional and Roth IRAs as well as automated and active Investing accounts.

Overall, the IRA match is an excellent opportunity to get more of your hard-earned money.