Download the Schwab app from iTunes®Get the AppClose

  • Find a branch
  • Chat
To expand the menu panel use the down arrow key. Use Tab to navigate through submenu items.

Accounts & Products
Let's chat
Professional answers 24/7
Hi, have questions about your retirement? I can help …
Live chat
 

Traditional IRA

Print

Open a Traditional IRA for a tax-smart way to save for retirement.

Ready to get started?

Open a Traditional IRA

Here’s what you’ll need:

  • Social Security number
  • Driver’s license number
  • Employer’s name and address
  • Statement information for assets or cash you may want to transfer
  • Beneficiary information
  • No fees to open or maintain your account—other charges may apply1
  • A range of stocks, bonds, ETFs, mutual funds, and CDs to choose from
  • Easy access to financial professionals and investment tools

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: $4.95 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  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement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

Quick answers to related questions

Have questions about our Traditional IRA? Here are responses to some of the most common questions we hear. If you have a specific question, please call us at 866-855-5636.

Take the next step.

Call
866-855-5636
or

Helpful Resources

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 4.2 out of 5 by 663.
Rated 5 out of 5 by from
Date published: 2017-06-10
Rated 4 out of 5 by from
Date published: 2017-06-09
Rated 5 out of 5 by from Investment information; roll over IRA Agent was knowledgeable, competent, very pleasant and courteous. She found the answers to my many questions, listened to what I wanted to say, and found the answers, either in her scope of experience, or by contacting other divisions. I am very impressed with the quality we have received as we use Charles Schwab.
Date published: 2017-06-07
Rated 3 out of 5 by from Great up front, not much after The Charles Schwab agent was great at helping us get all of our accounts consolidated. However, when it came to actually allocating the funds into growing, i cannot get anyone to call me back to make an appointment to help my wife and i do this. So our money has been sitting in the account for over a year and has not grown one cent.
Date published: 2017-06-07
Rated 5 out of 5 by from no hassel great Schwab has always been there when I needed help and guidance in investing and been a great help.
Date published: 2017-06-06
Rated 5 out of 5 by from I have never had any trouble since help is just a phone call away
Date published: 2017-06-03
Rated 5 out of 5 by from fast service schwab is overall excellent customer service.
Date published: 2017-06-02
Rated 5 out of 5 by from
Date published: 2017-06-01
  • y_2017, m_6, d_17, h_9
  • bvseo_bulk, prod_bvrr, vn_bulk_1.0.0-hotfix-1
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_663
  • loc_en_US, sid_1003, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_schwab