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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  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement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
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 4.2289 out of 5 by 546.
Rated 2 out of 5 by from
Date published: 2014-08-25
Rated 3 out of 5 by from
Date published: 2014-08-25
Rated 5 out of 5 by from Roth for Savings I appreciate all the research options available. Also website is easy to navigate.
Date published: 2014-08-24
Rated 4 out of 5 by from
Date published: 2014-08-24
Rated 5 out of 5 by from Closing in on Retirement I have been a Schwab IRA and personal savings client for over 20 years. I have used them to accumulate my needs for retirement. The online research helped me to pick good, solid mutual funds that have a long term record for return. Now that I am approaching retirement, I am very glad I started with Schwab as a saver/investor.
Date published: 2014-08-24
Rated 3 out of 5 by from Whose money is it, anyway? The basic problem I have with the Schwab IRA is the antiquated methods available for distribution of funds. They do not make electronic transfers available; you have to request a check and then the check has to be processed and mailed, so now you are dependent on the Post Office to get your money to you. It is all so 1990's. My other IRA, with another company, allows immediate electronic distribution of available funds into your checking or other bank accounts.
Date published: 2014-08-23
Rated 4 out of 5 by from Long term view I have had a Schwab IRA since the IRA law was first passed back in the 1970s. I got it because it had low or no annual fees, which was not nearly as common back then as it is now. The Schwab IRA has just about all the features one would want in an IRA: no annual fee. essentially unlimited investment choices, and a reasonable amount of research advice availability. I look forward to making withdrawals from my IRA in a few more years.
Date published: 2014-08-22
Rated 3 out of 5 by from Investment Options My experience with Schwab IRA would be much improved if there was a way to automatically rebalance investments in my portfolio. Also, target retirement funds with competitive expense ratios and fees should be made available to IRA investors. I have a 401k with Schwab and low-cost target retirement funds are available but the same funds have high fees in the IRA accounts.
Date published: 2014-08-22
  • 2015-08-31T07:12CST
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