
A simple, modern way to pay yourself from your portfolio.
Meet Schwab Intelligent Income®. You can generate a monthly paycheck from your Schwab Intelligent Portfolios® or Schwab Intelligent Portfolios Premium® account for retirement or other income needs.
Generate a monthly paycheck for your retirement or other income needs.
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See how long your savings could last.
Gain clarity on how much you could withdraw from your portfolio to meet your income needs.
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Automated investing with tax-smart withdrawals.
We'll build you a diversified portfolio of Tooltip (ETFs) based on your goals and automate predictable withdrawals.
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Flexibility without penalties.
Get the flexibility to start, stop, or adjust at any time without penalties. Plus, access projection tools and monitoring, so you know where you stand.
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Plan for your income needs and future goals.
Unlike some other income solutions, you have full control of any remaining principal to pass on to heirs or use for other purposes.
Take the next step and let Schwab tailor your portfolio and monthly paycheck.
Get started
Curious about how much you can afford to withdraw?
With just a little information about your goals, we can give you an idea of how much you could withdraw with Schwab Intelligent Income.
Here's how Schwab Intelligent Income works for you:
We start by helping you figure out how long your money could last.
First, we get to know you. We ask a few simple questions to understand your needs, timeline, and risk tolerance.
You tell us: How much you have in your portfolio and how long you need it to last.
We tell you: How much you can withdraw each month.
With Schwab Intelligent Income, we'll help you gain clarity on how much could be withdrawn from your enrolled accounts and be confident in knowing how long it could last.

We build a diversified portfolio across your accounts.
Schwab Intelligent Portfolios builds a diversified portfolio of ETFs across all of your enrolled investment accounts. You can expect our intelligent technology to help:
- Monitor and automatically rebalance your portfolio.
- Keep you diversified and on track.
- Possibly offset taxes on your investment gains if you enroll in automatic Tooltip .

We manage the complexity of making tax-smart withdrawals for you.
Schwab Intelligent Income handles the complexity for you by using algorithms to generate a tax-smart withdrawal across all your enrolled accounts. Prioritized account withdrawals will help you:
- Consider Tooltip (RMDs) from enrolled Traditional IRA accounts.
- Plan for distributions for the long term with proportional withdrawals from taxable brokerage accounts and IRAs.
- Maintain flexibility by not tapping Roth IRAs until you need them.

You get the flexibility and visibility to spend with confidence.

Start, stop, or adjust your paycheck anytime without penalty.

See the potential impact of changes with our dashboard and projection tools.

Receive alerts when you get off target and get ideas for how to get back on track.

Access live Schwab professionals 24/7.
You get the freedom to plan for your income needs and future goals.
Unlike less flexible income solutions, you can plan and adjust to meet your income needs and still have principal remaining for your future and other financial goals.
- Your portfolio stays invested in the market so it has the opportunity to grow as you withdraw.
- You can see how much principal could remain after your income needs are met, given a range of market scenarios.
- If you choose to modify your paycheck or unenroll assets, you can see the impact on your portfolio over time.

What you pay.
Schwab Intelligent Income is a feature you can activate when you open a Schwab Intelligent Portfolios account.
Schwab Intelligent Portfolios
- Pay no advisory fee and no commissions.
- You'll be invested in a portfolio of exchange-traded funds (ETFs). Just as if you'd invested on your own, you'll pay the operating expenses on the ETFs in your portfolio, including Schwab ETFs™.
- We believe cash is a key component of any investment portfolio. Based on your risk profile, a portion of your portfolio is placed in an FDIC-insured deposit at Schwab Bank. Tooltip See more information.
Schwab Intelligent Income
- You'll pay no additional fee for this feature.

Ready to get started
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Ready to get started?
If you have any questions, call us at 855-694-5208.
Interested in adding ongoing guidance from a planning professional?
For a one-time $300 planning fee and a $30/month advisory fee after that, you receive:
- Unlimited 1:1 guidance from a CERTIFIED FINANCIAL PLANNER™ professional.
- A digital financial plan that provides a customized roadmap for reaching your goals.
- Interactive online planning tools.

Common questions
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There are no additional fees for the Schwab Intelligent Income feature. To enroll you must have a minimum of $5,000 per account for Schwab Intelligent Portfolios or a minimum of $25,000 for Schwab Intelligent Portfolios Premium, though these assets may be held across multiple Schwab Intelligent Portfolios Premium accounts.
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Yes, Schwab Intelligent Income is designed to help you make predictable tax-smart withdrawals across multiple accounts, including taxable, IRA and Roth accounts. Most account types that can be used in Schwab Intelligent Portfolios and Schwab Intelligent Portfolios Premium can be enrolled in Schwab Intelligent Income, with the exception of Custodial and Inherited IRAs and Joint Accounts.
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Yes, Schwab Intelligent Income is a feature of Schwab Intelligent Portfolios and Schwab Intelligent Portfolios Premium.
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When the time is right and you need to set up your recurring withdrawal, you decide how much you want distributed, the frequency of the distribution and provide an account−generally a checking or savings account−where you would like the money to be transferred.
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You are able to choose the frequency and deposit account to suit your needs. You can set up Schwab Intelligent Income to make withdrawals on a monthly, quarterly, semi-annual or annual basis and are able to direct your withdrawals to the account of your choosing. And of course, you can start, stop, or adjust your withdrawals at any time without penalty.
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No, your withdrawals are not guaranteed and due to various factors, you may need to adjust your recurring withdrawal amount to help reach your goal. If you need or would like guaranteed income please contact us at 855-694-5208 to help find the right product for you.
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You will be invested in a diversified portfolio of exchange-traded funds (ETFs) based on your goals, risk tolerance, and time horizon. Our advanced technology will help: monitor and automatically rebalance your portfolio, keep you diversified and on track, and may help to offset your taxes on your investment gains if you enroll in automatic tax-loss harvesting.