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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.

See all accounts.

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 4.3 out of 5 by 608.
Rated 5 out of 5 by from I am doing AOK I have been with Schwab for 0ver 30 years. Even before I open Schwab accounts, I knew and was convinced that no broker will be there to make my financial decisions for me. I never wanted them to. So I learned to invest myself. Contrary to common thinking, I don't think I spend lot of time doing it. Even when I was working full time as a busy doctor, I was investing myself. On and of I need some technical advises, I get it from Schwab without any problem. All in all I am very happy I have been with Schwab in the last 30+ years. I have been listening to MR Schwab's advise since the beginning of my investing activities: "have faith in the market."
Date published: 2015-07-04
Rated 5 out of 5 by from myopinions When I started my first Regular IRA at schwab I was told there would be no acct fees. Nearly twenty years later I still have not paid any account fees. I now also have a Roth and an inheirited IRA, and my wife has a Reg IRA, and we still don't pay any maintenance fees on any of them. Pretty Cool. When I started with schwab in ninety three they would provide a newspaper-like catalog for comparing Mutual funds. I really like how they have kept up with technologies year after year, to the point now where I have wonderful reasearch tools and up to the minute access to my account information.
Date published: 2011-02-20
Rated 5 out of 5 by from Easy to understand guildance and advice After having been with several full sevice and many online brokerage firms over the past 40+ years, Charles Schwab's Customer Sevice Team, easy to use web platform, and investment tools are the best of the best. Chuck is fair, honest, and can answer any question quickly. They know how to return a phone call and always follow up to see if you have any additional questions. Their account promotional bonus perks will make any level investor smile. I also love the bill payer and direct deposit features for my Schwab non retirement accounts. Less time running around transferring money for me.
Date published: 2012-12-04
Rated 2 out of 5 by from Attends to the big guy not the small one When I joined 'Schwab,I was with a large company and we got service. The representative was available often. Came by the plant and held meetings and assistance. When I left the company ,I continued with Schwab. They did not continue with me. I lost all contact with them.After a few years I tried to find them to no avail. They moved their offices and I didn't find them. I went to another office and was graciously told that they did not handle my account so, try to make contact with my rep. Even today,i have questions and the only help I can get is the corporate phone contact. I may have avoided many pitfalls if I had some assistance and guidance
Date published: 2011-03-10
Rated 2 out of 5 by from IRA Review Hello, I have had both Rollover and Roth IRA's with Charles Schwab for over a decade and their performance has been less than impressive and even disappointing to say the least. I believe it would be helpful to receive annual feedback from dedicated Schwab professionals who understand the IRA accounts, the current market performance, and available options, etc., in order to receive professional guidance re: longterm preparation for retirement and overall IRA performance and options. This would be very helpful to the average investor and middle class law-abiding American, who only wants to be able to retire comfortably and with confidence. Thank you.
Date published: 2011-12-05
Rated 5 out of 5 by from Exactly what our situation requires. We needed a low-cost setup to manage four self-directed IRA's (two Roth, two traditional). Schwab has met that need for two decades. Our capital accumulation and distribution plans dictate our investment strategy, which we spread across all accounts. Two were subject to "substantially equal payments" withdrawals, so are treated very different from the Roths, whose emphasis is on making payments of deductible and tax expenses. They have served us flawlessly through twenty years of early retirement. And really, we can't ask more than flawless service, tuned precisely to our needs. Combined with the banking arm it has met virtually all our financial needs.
Date published: 2014-08-15
Rated 4 out of 5 by from The Schwab IRA works for me This account serves my needs well. I do not mix "advice" with "account servicing", therefore, it suits me well that Schwab does not tell me what to do but lets me execute my own strategy I base that strategy in part on expert advice that is independent of Schwab. Schwab's account service is professional, flexible, and moderately priced. That enables me to benefit from strategies that involve trading options - such as selling covered calls. Such strategies can be prohibitively expensive if carried out with a "traditional" brokerage house where commissions are far higher than at Schwab and would sharply reduce my gains. Thank you, Schwab!
Date published: 2014-08-15
Rated 1 out of 5 by from Schwab doesn't live up to it's Commercia I'm an average investor who saves every month towards retirement hoping the money will be there when I need it. But Schwab may have better window dressing than the others but does not deliver straight talk it advertises. It's actions are no different from Wall St. in general. twice I've had issues with money not being deposited into the right accounts and staff seem clueless about resolving it, "talks down" to me. Now I believe it's done intentionally to make them money not me. I believe I have about a 50/50 chance my money will be there when I retire but I'm sure Schwab and Wall St. will have there's.
Date published: 2011-06-02
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