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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 4.2214 out of 5 by 515.
Rated 5 out of 5 by from
Date published: 2014-08-19
Rated 5 out of 5 by from Outstanding online presence The range, depth, and overall quality of the website is outstanding. When on the rare occasion I choose to call my local representative, her information is always presented in clear, straightforward terms and more often than not she simply says "I will take care of that for you". I couldn't ask for more, and never have.
Date published: 2014-08-18
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 signon signon signon signon all I sign on to work ooops you signed me off I sign on to work oooops you sign me off I sign off to work oooops you sign me off all night long every night love you but very very dum
Date published: 2014-08-17
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: 2014-08-16
Rated 5 out of 5 by from I wouldn't go anywhere else The title says it all. I'm sure that I'm probably repeating what other customers have already said, but I doubt that anyone can do this any better than Schwab. The research tools are easy to use and tell me everything I could possibly want to know about the various funds, stocks, etc. The webpage is easy to navigate. Customer service is always courteous and helpful. The fees are affordable. Etc., etc., etc. We've been using Schwab for more than 20 years. I wouldn't trust my money with anyone else.
Date published: 2014-08-16
Rated 5 out of 5 by from
Date published: 2014-08-15
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