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Individual Retirement Accounts (IRA)

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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 4.2279 out of 5 by 487.
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 SUPPORT LOCAL AND ON LINE SUPPORT HAS BEEN VERY GOOD
Date published: 2013-10-04
Rated 4 out of 5 by from
Date published: 2013-10-03
Rated 4 out of 5 by from Dividends When dividends are paid, would like to have number of shares shown dividend paid on. TKS
Date published: 2013-10-03
Rated 5 out of 5 by from
Date published: 2013-10-02
Rated 5 out of 5 by from Easiest account to manage I'm a young twenty-something, and this is by FAR the easiest account I've managed. I can transfer funds from my Schwab bank account to my IRA or brokerage account in minutes, and have had absolutely no issues whatsoever. Thanks for providing a great service!
Date published: 2013-10-02
Rated 1 out of 5 by from My personal advisor never picks up live. I always have to call the national 800 number to get an immediate response to questions. My "local" advisor is always an answering machine, and I'll get back to you later. Now he's on vacation....can't someone else pick up instead. The whole government is shutting down this week...I have to wait for him to come back to advise me what to do. Very poor customer service in Great Neck. Excellent service from Denver and Indianapolis.
Date published: 2013-10-02
Rated 5 out of 5 by from safety and income I moved my IRAs to schwab 10 years ago, and the goal is for principal preservation and income. I choose mostly bonds , corporate and muni. I do my own investment choices , I like the easy of conversion to Roth , and their monthly and yearend statements make tax reporting easy . I trust the company and they are not pressuring me in trades for commission. They have advisors within the reach of a phone call and local offices.
Date published: 2013-10-02
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