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Traditional IRA

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To reach your retirement goals, we recommend taking full advantage of tax-smart ways to save. 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.

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 with this Traditional IRA?

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

  • Immediate tax benefits if you qualify
  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement
  • 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.

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 4.2214 out of 5 by 515.
Rated 5 out of 5 by from
Date published: 2014-08-19
Rated 5 out of 5 by from Outstanding online presence The range, depth, and overall quality of the website is outstanding. When on the rare occasion I choose to call my local representative, her information is always presented in clear, straightforward terms and more often than not she simply says "I will take care of that for you". I couldn't ask for more, and never have.
Date published: 2014-08-18
Rated 3 out of 5 by from New Roth IRA My Roth IRA has only been effect for 6 months now, so I am unable to provide a full review of the investments itself. However, the customer service and assistance from representatives of Schwab have been above-average and I am very happy with my choice to invest with Schwab up to this point.
Date published: 2014-08-18
Rated 5 out of 5 by from signon signon signon signon all I sign on to work ooops you signed me off I sign on to work oooops you sign me off I sign off to work oooops you sign me off all night long every night love you but very very dum
Date published: 2014-08-17
Rated 5 out of 5 by from Easy to use, great service All the things that annoy me about other banks: hidden fees, convoluted websites, the continual pushing of paperless deliver or credit cards, long service wait times, inflexible rules, are absent here. This is a great, online IRA account. Prompt service, flexible, fully featured, along with great access to research, stats, etc. For instance, once I was having an issue with a transfer from another bank and they actually called the bank with me!
Date published: 2014-08-16
Rated 5 out of 5 by from
Date published: 2014-08-16
Rated 5 out of 5 by from I wouldn't go anywhere else The title says it all. I'm sure that I'm probably repeating what other customers have already said, but I doubt that anyone can do this any better than Schwab. The research tools are easy to use and tell me everything I could possibly want to know about the various funds, stocks, etc. The webpage is easy to navigate. Customer service is always courteous and helpful. The fees are affordable. Etc., etc., etc. We've been using Schwab for more than 20 years. I wouldn't trust my money with anyone else.
Date published: 2014-08-16
Rated 5 out of 5 by from
Date published: 2014-08-15
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