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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  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement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?

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866-855-5636.

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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.

  • INVEST

    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 4.2279 out of 5 by 487.
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 SUPPORT LOCAL AND ON LINE SUPPORT HAS BEEN VERY GOOD
Date published: 2013-10-04
Rated 4 out of 5 by from
Date published: 2013-10-03
Rated 4 out of 5 by from Dividends When dividends are paid, would like to have number of shares shown dividend paid on. TKS
Date published: 2013-10-03
Rated 5 out of 5 by from
Date published: 2013-10-02
Rated 5 out of 5 by from Easiest account to manage I'm a young twenty-something, and this is by FAR the easiest account I've managed. I can transfer funds from my Schwab bank account to my IRA or brokerage account in minutes, and have had absolutely no issues whatsoever. Thanks for providing a great service!
Date published: 2013-10-02
Rated 1 out of 5 by from My personal advisor never picks up live. I always have to call the national 800 number to get an immediate response to questions. My "local" advisor is always an answering machine, and I'll get back to you later. Now he's on vacation....can't someone else pick up instead. The whole government is shutting down this week...I have to wait for him to come back to advise me what to do. Very poor customer service in Great Neck. Excellent service from Denver and Indianapolis.
Date published: 2013-10-02
Rated 5 out of 5 by from safety and income I moved my IRAs to schwab 10 years ago, and the goal is for principal preservation and income. I choose mostly bonds , corporate and muni. I do my own investment choices , I like the easy of conversion to Roth , and their monthly and yearend statements make tax reporting easy . I trust the company and they are not pressuring me in trades for commission. They have advisors within the reach of a phone call and local offices.
Date published: 2013-10-02
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