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Individual Retirement Accounts (IRA)


Opening a Schwab IRA is an easy way to get your retirement savings on track and possibly save on taxes. We’ll help you choose the right Individual Retirement Account and provide the guidance, tools, and resources you need to meet your retirement goals. 

Traditional IRA

Key advantage: You may get immediate tax benefits, but you'll have to pay taxes when you take money out in retirement.

Ready to get started?  

Roth IRA

Key advantage: You can get tax benefits later, when you take out your retirement savings tax-free.

Ready to get started?  

Rollover IRA

Rolling over your plan from a former employer is one way to take control of your retirement savings.
  • Get start-to-finish rollover help
Ready to get started?  

There are no fees to open or maintain your account. Other account fees, fund expenses, and
brokerage commissions may apply. (Pricing Details.)

Inherited IRA

Have you inherited an IRA or an employer-sponsored retirement plan account? Find out what you need to know.

Call to 866-855-5635 get started.

Custodial IRA

Do you have a child with earned income? Here’s a great way to give them a head start on their retirement savings.

Photo of woman on individual retirement account page

Understanding IRAs

Get answers to your questions about investing for retirement, plus tools and calculators—all to help you build the retirement you want.

A rollover of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options which may include but not be limited to keeping your assets in your former employer's plan; rolling over assets to a new employer's plan; or taking a cash distribution (taxes and possible withdrawal penalties may apply). Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.

Individual Retirement Account is rated 4.2163 out of 5 by 504.
Rated 3 out of 5 by from New Roth IRA My Roth IRA has only been effect for 6 months now, so I am unable to provide a full review of the investments itself. However, the customer service and assistance from representatives of Schwab have been above-average and I am very happy with my choice to invest with Schwab up to this point.
Date published: 2014-08-18
Rated 5 out of 5 by from Easy to use, great service All the things that annoy me about other banks: hidden fees, convoluted websites, the continual pushing of paperless deliver or credit cards, long service wait times, inflexible rules, are absent here. This is a great, online IRA account. Prompt service, flexible, fully featured, along with great access to research, stats, etc. For instance, once I was having an issue with a transfer from another bank and they actually called the bank with me!
Date published: 2014-08-16
Rated 5 out of 5 by from
Date published: 2014-08-15
Rated 5 out of 5 by from Exactly what our situation requires. We needed a low-cost setup to manage four self-directed IRA's (two Roth, two traditional). Schwab has met that need for two decades. Our capital accumulation and distribution plans dictate our investment strategy, which we spread across all accounts. Two were subject to "substantially equal payments" withdrawals, so are treated very different from the Roths, whose emphasis is on making payments of deductible and tax expenses. They have served us flawlessly through twenty years of early retirement. And really, we can't ask more than flawless service, tuned precisely to our needs. Combined with the banking arm it has met virtually all our financial needs.
Date published: 2014-08-15
Rated 5 out of 5 by from My Retirement Generator Four years ago, I converted my Traditional IRA to a Roth. It was a significant tax bill, but the time was right to make the conversion. Schwab helped me with the transfer. I had about 50 positions in the account and moved each of them to my Roth. There was no charge. I reinvest every dividend and never withdraw funds. The fees are low when I do need to add to a position or sell one. I am up over 60% to date and now have enough to cover most of my retirement needs. The Schwab website is terrific. I especially like the iPad app. It allows me to pull up a chart which very quickly shows all of my positions and their dollar gain or loss, % gain or loss for the day, and also shows me total gains to date for each position. I am very independent in managing this account. I look at it every day, but seldom make a change. I love the Schwab platform and its website. I can get as much help as I want, or none at all. I would recommend the Schwab platform for anyone who has an IRA. Excellent service, low fees, outstanding website, and wonderful customer service.
Date published: 2014-08-15
Rated 5 out of 5 by from Roth IRA/Schwab Checking I'm very satisfied with the accounts I hold w/ Charles Schwab.
Date published: 2014-08-15
Rated 5 out of 5 by from
Date published: 2014-08-15
Rated 4 out of 5 by from
Date published: 2014-08-15
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