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December 7, 2022

Robinhood takes on retirement in search for more growth

NEW YORK (AP) — Robinhood, the company that blazed onto Wall Street after turning millions of novices into investors by trying to make trading fun, is now setting its sights on a more staid corner of the industry: saving for retirement.

The company on Tuesday is initiating signups for a retirement program, where customers can sock savings into an Individual Retirement Account, something better known as an IRA.

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