Why Schwab IRAs?

We're passionate about finding tax-smart ways to help you invest in and grow your retirement fund. You'll find a wide range of IRAs with $0 account opening and maintenance fees (other account fees, fund expenses, and brokerage commissions may apply),1 giving you more money for your future.

Retirement planning tools and resources

Our work doesn't end when you open an account. We're dedicated to providing insights, education, and tools that ensure you're confident in your choices.

Browse IRAs

  • Traditional IRA

    With a Schwab Traditional IRA, you won't pay taxes on earnings until you make withdrawals, and you may get immediate tax benefits when you contribute.

  • Roth IRA

    When you open a Roth IRA, you'll get your tax benefits later, when you take out your retirement savings tax-free.

  • Rollover IRA

    Rolling over your plan from a former employer is one way to take control of your retirement savings. If, after considering your options, you decide a Rollover IRA is right for your situation, you can get start-to-finish help from a Schwab Rollover Consultant.

    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 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. For more information on your available options, see schwab.com/rolloveroptions.

  • Inherited IRA

    An Inherited IRA is created when someone inherits an IRA after the death of the original owner. If you've inherited an IRA or an account in an employee-sponsored retirement plan, consider transferring it to a Schwab Inherited IRA.

  • Custodial IRA

    Do you have a child with earned income? A Custodial IRA can be a great way to teach your child the value of investing while giving them a head start on retirement savings.

FAQs

  • How much can I contribute to my IRA each year?

    For a Traditional IRA, you can contribute up to $5,500 for tax year 2016 and $5,500 for tax year 2017, or up to 100% of earned income, whichever is less. Individuals age 50 and over can also make catch-up contributions from earned income: an additional $1,000 each year for tax years 2016 and 2016. Not all of your contribution may be eligible for a current-year tax deduction. See contribution limits.

    Roth IRAs have the same contribution limits but also have income eligibility requirements.

  • Can I make early withdrawals from my IRA?

    Before you reach age 59½, you are subject to a 10% penalty, in addition to federal and state taxes, on Traditional IRA distributions and earnings withdrawals from Roth IRAs. Roth IRA contributions can be withdrawn at any time without penalty. If IRS requirements are met, distributions from Traditional IRAs and from Roth earnings are penalty-free under certain circumstances.

  • What kinds of investment choices do I have?

    Choose from stocks, bonds, ETFs, mutual funds, CDs, and more. Schwab also offers professional portfolio management solutions that can make investing even easier. As a Schwab client, you can have a complimentary consultation with a Schwab investment professional who can help you decide which investments are right for you.

See more IRA FAQs

Tools and Guidance

Our retirement tools and calculators can help you choose the IRA that's right for you.


What clients think about our Individual Retirement Accounts (IRAs):

Individual Retirement Account is rated 4.2 out of 5 by 704.
Rated 4 out of 5 by from
Date published: 2017-08-15
Rated 4 out of 5 by from
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
  • y_2017, m_10, d_3, h_21
  • bvseo_bulk, prod_bvrr, vn_bulk_2.0.3
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_704
  • loc_en_US, sid_1003, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_schwab

Choose your IRA:

Trade 3+ times per month? Add free Schwab Trading Services™.More Info

Get free access to Schwab's advanced trading platforms and trading specialists—no trade minimum required.

Continue

We're here to help

Clients of independent investment advisors: You may also contact your advisor or call Schwab Alliance at 800-515-2157.