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Inherited IRA

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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 and get one-on-one help and guidance. You'll get all the tax advantages of the IRA, as well as the ability to withdraw funds according to a set schedule over your lifetime.

What are the fees and commissions?

  • $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1.  Please see the Charles Schwab Pricing Guide for details. 
  • Account Minimum: $1,000
  • Commissions: $8.95 per online equity trade;1 $0 per Schwab ETF online trade in your Schwab account2

What do I get with a Schwab Inherited IRA?

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

See client reviews.

Ready to get started?

Call 866-855-5635.


Open a Schwab Inherited IRA today.

Call 866-855-5635 to get started.

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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.

Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. ETF Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

Individual Retirement Account is rated 4.349206349206349 out of 5 by 2,709.
Rated 5 out of 5 by from
Date published: 2016-09-12
Rated 4 out of 5 by from Linking IRA account to external accounts I was broaching the time in retirement where I i was at a point in my retirement where i want to take out monthly income distibution to an external account. I first went to the money link to set up the new account. When I tried on line it wouldn't let me link online. So I tried chat. The agent told me I had to set up via a form and fax back. She sent me the IRA distribution form which I started filling out but it was looking for specific distribution information which I wasn't ready with. So I called schwab, the agent on the phone walked through the steps of connecting the IRA account with the external account I already set up (via my spouses account). That seemed to be the problem is the account is associated to the profile. So now set up and I can either do one time or recurring distributions also indicating taxes to be withheld.
Date published: 2016-09-07
Rated 5 out of 5 by from Roth IRA Several years ago we decided to move some of our regular IRA money into Roth IRAs. We completed the transaction over a period of several years to spread out the taxes. The process was simple and now we have a portion of our retirement money that has been growing tax free and will be available for when we need it. The taxes on our RMDs are now lower because we reduced their value but kept and increased our IRA savings.
Date published: 2016-09-06
Rated 5 out of 5 by from IRA conversion to Roth IRA I decided to roll over a couple of holding in an IRA account over to a Roth IRA for the current tax year. I contacted my local Schwab financial advisor who helped guide me through the process. I think in future tax years I'll be able to do this on my own, but I very much appreciated the personal assistance from Schwab for this 'first time' conversion.
Date published: 2016-09-06
Rated 4 out of 5 by from There are a lot of products avalable stock, wide range of mutual funds, bonds, CDs
Date published: 2016-09-06
Rated 4 out of 5 by from
Date published: 2016-09-06
Rated 5 out of 5 by from Exactly what I wanted I've had a brokerage account for more than 20 years and have found that I get exactly the freedom to manage it that I want, along with all the research and trading power that I need to help me make decisions.
Date published: 2016-09-05
Rated 4 out of 5 by from Bill Pay and Brokerage Well integrated, Lousy Rate I really like using Schwab Bank's Bill Pay. It's easy to move income from brokerage and IRA accounts to the checking account, although the way below market interest rate has me moving all excess cash to an external account. Minor quibble, I wish there were a direct link to bill pay from the Summary web page. The outside ATM re-imbursement feature is great.
Date published: 2016-09-04
  • 2016-09-23T06:16CST
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