Firstrade is back with a sweet deal for your retirement savings! Through January 31, 2026, they're offering a 3% contribution match for new IRA contributions made within 30 days, plus a 2% bonus if you transfer your IRA from another brokerage, with a maximum bonus of $20,000. This is basically free money to boost your retirement nest egg, which is awesome for any awardtrail reader looking to maximize their financial gains.

But, as always, there's a catch! To keep the full bonus, you need to keep your money with Firstrade for five years. If you withdraw early, they'll claw back a portion of the bonus depending on how long you've held the funds. So, make sure you're comfortable locking up your retirement funds for that period before jumping in.

Compared to similar deals like Robinhood's, Firstrade has the edge of having no associated fees to get the bonus. If you're in the market for a new IRA or looking to consolidate your accounts, this could be a great opportunity to pad your retirement savings, as long as you're okay with the five-year commitment. Do the math, and see if this deal works for you!