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Roth IRA


Here's a tax-smart way to help your retirement savings grow. When you open a Roth IRA, your contributions and any earnings grow tax-free and qualified withdrawals can be taken tax-free. At Schwab, you'll get personal investment guidance and great tools and resources.

What are the fees and commissions?

  • $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1
  • Minimum required to open an account: $1,0002
  • Commissions: $8.95 per online equity trade;3 $0 per Schwab ETF online trade in your Schwab account4

What do I get when I open a Roth IRA?

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

  • Qualified withdrawals can be made tax-free
  • No mandatory withdrawals (unlike a Traditional IRA)
  • Retirement planning tools and resources in Understanding IRAs
  • 24/7 service and support

See client reviews.

Ready to get started?

Need help? Call

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  or call 866-855-5636.
  • We're here to help.
  • OPEN

    We’ll help you choose the right account. Call 877-627-7734 or visit a local branch.

  • FUND

    Your New Client Concierge will help you take care of the paperwork, transfer assets, and more.


    Get a complimentary 1-on-1 consultation to select the right investments based on your goals.

Individual Retirement Account is rated 4.2294 out of 5 by 558.
Rated 5 out of 5 by from Great Experience Recently I was laid off from a position where the firm would be closing in a short time. It was important that I be able to transfer my rollover funds into my existing Schwab IRA quickly and within a tight time frame. I made one call to Schwab and got all of the information I needed, they also informed me that a critical piece of information was missing from my account which I was able to correct. The transfer was seamless and I was fully invested in my selections by January. I am very plaesed with the customer service I receive from Schwab and I would recommend them to anyone that asked me. Thank you for the great work that your associates do.
Date published: 2011-02-02
Rated 5 out of 5 by from Conserving our retirement funds When I moved my account from a company 401K to an IRA, I needed help to determine how I could invest without fear of market fluctuation. The representative took a great deal of time and care to answer all of my questions and based his recommendation on my concerns. He then explained thoroughly how my individual plan would work. My account has performed well in these troubled economic times and I appreciate the service Schwab is providing. Since retirement, "financial experts" contact me often, but my business will remain with Schwab.
Date published: 2011-09-14
Rated 1 out of 5 by from Avoid this company This company unilaterally switched me from a money market account that paid decent interest into a sweep bank account because my two accounts were less than the 100K or so they wanted you to have. I had been in that money market for around 10 years with a balance on the two accounts of around 40K. The bank account pays about 20 cents per month. In my opinion this company cares more about beefing up their profit margin at your expense than they care about helping you grow or invest your money. I would not consider increasing my business with this company.
Date published: 2011-09-08
Rated 1 out of 5 by from Staff never says same thing. Moving money from ESA account to Schwab one account is a nightmare. Always have to fill out nine page form with only three checked items to get it done. Sometime telephone call or chat does it other times the obnoxious complicated form is required. A fax to speed things up always gets lost and has no feedback. I have paid late fees on tution and housing requirement when I have mistakenly assumed this could be done in a days time. Staff is not helpful as they have the poet to say, "do it the hard way" and use it. Shape up Charles.
Date published: 2013-10-03
Rated 4 out of 5 by from Just Alright I've had an IRA with Schwab for probably twenty years. I get their online newsletter so I remember I have an account with them. What I don't get is why they don't try harder to get me to trade in this account. My natural inclination is to let it lie - even through down cycles like two years ago, but what if their online newsletters prompted me to rebalance my holdings or even to incentivize a trade with a temporary discount. I guess what I'm saying is that their approach is pretty Old School. I don't want to trade every day, or even every month, but I think much more could be done to encourage me, in particular, to think about my account in a more constructive way.
Date published: 2011-12-06
Rated 5 out of 5 by from Solid, easy to follow advice Using Schwab for the first time, I was a bit intimidated, but I was immediately encouraged to relax and just follow the easy guidelines and suggestions on line. The minute I didn't understand something, I would call my contact and either get an instant answer or leave a message. My calls were answered in less than an hour, sometimes as little as 5 minutes! I am now moving into my second year, managing three accounts and I increased the investment by 15%. I am very pleased! Wish I had more to invest : )
Date published: 2011-03-09
Rated 5 out of 5 by from Making the Most of a Single Income I am a single mother of two, work as a secretary and yet own my own home, have savings, and have retirements accounts like my Roth IRA at Charles Schwab. My financial policy is make every penny count. I don't buy what I don't need, I buy American, and I make investments with companies that don't jerk me around with endless fees. I have been thrilled with my experience with Charles Schwab. I rolled traditional and contributory accounts over from a credit union into one Roth IRA at CS before the end of last year to be able to split the tax burden over the following two years. It wasn't a huge amount of money, but every time I called for help or advice I received personal service that made me feel like a millionaire. The CS reps I spoke with were knowledgable, helpful, friendly, and seemed excited to show me how to navigate the website to make the most of my options. I appreciate, AND SEARCH FOR, companies that still treat me like the customer. Please don't forget us little guys (and ladies), we are still out here trying to live the dream and companies like Charles Schwab help make it happen.
Date published: 2011-11-13
Rated 1 out of 5 by from sad but true Been a Schwab customer (note customer) for over twenty five years. Have accounts linked in excess to 1.5 million US dollars. Over the years the support has been very marginal at best. When issues arise little consideration or help is extended. For the most part if you are self sufficient investor Schwab may be an adequate option. However they are extremely rigid in their responses, show no loyalty. Sure there are procedures and rules but! There must be a win-win approach. Some way to address issues to insure customers of 25+ yrs and significant assets to get issues resolved to their satisfaction. What does it take to get some attention - transfer your account and you will get a call.... yet the person calling has not bothered to investigate the issue.... only interested in retaining your account. Too little to late.
Date published: 2012-03-23
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