Robinhood Nears Debut of Retirement Accounts Within App (2)

Robinhood Markets Inc. is nearing the launch of retirement accounts, according to evidence found inside of the company’s iPhone app, part of a bid to challenge traditional money managers and stock-trading platforms.

The company -- best known for commission-free trading of stocks and crypto -- has begun adding support for traditional IRA and Roth IRA retirement accounts, as well as pension accounts. Underlying code inside of a beta version of the Robinhood app was updated this week to include several references to the retirement accounts, according to findings from developer Steve Moser that were shared with Bloomberg.

The news helped ...