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Custodial IRA

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If you're the parent of a child who has earned income, a Custodial IRA can be a great way to teach the value of saving and investing. Besides getting a head start on saving, your child may be able to use the funds for college expenses—or even to buy a first home.

What are the fees and commissions?

  • $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1
  • Account Minimum: $100
  • Commissions: $4.95 per online trade;2 $0 per Schwab ETF online trade in your Schwab account3

What do I get with this Custodial IRA?

Every Schwab account comes with one-on-one investment help and guidance. With this account, you’ll also get:

  • Your choice of a Roth IRA or Traditional IRA
  • Control of the account until your child turns 18 (or 21 in some states)
  • Penalty-free withdrawals for qualified higher education expenses
  • Retirement planning tools and resources in Understanding IRAs
  • 24/7 service and support

Ready to get started?

Download Application 

Need help? Call 
866-855-5635.

 

See client reviews 


Take the next step.

Open a Schwab Custodial IRA today.

Download a Custodial IRA application.

Or call 866-855-5635.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Individual Retirement Account is rated 4.2 out of 5 by 704.
Rated 4 out of 5 by from
Date published: 2017-08-15
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Date published: 2017-08-12
Rated 5 out of 5 by from
Date published: 2017-08-11
Rated 5 out of 5 by from Great Resource and Easy to use Schwab has helped me to meet my goals towards retirement. Their website is easy to navigate. Their research is helpful as well.
Date published: 2017-08-10
Rated 5 out of 5 by from no hastle everything u can ask for in an account
Date published: 2017-08-09
Rated 5 out of 5 by from Easy Peasy The Schwab crew constantly tries to improve on already easy and very well staffed firm that is a pleasure to interact with. The staff, when contacted, goes over the top with information. They always answer questions quickly, accurately and with a great attitude. They always ask to do more for you than the original questions.The service factor is off the scale. Thanks Mr. Schwab! You done good!!
Date published: 2017-08-09
Rated 1 out of 5 by from Your chart page keeps freezing. Your Chart page keeps freezing. I've been having this problem for 3 months and it makes it impossible to due technical analysis of stocks. This is something you need to fix or you are going to start losing clients including me.
Date published: 2017-08-09
Rated 5 out of 5 by from Easy to access. I appreciate how accessible my money is to me! I can see where it is and have access in an instant, no hassle!
Date published: 2017-08-08
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