Retirement Accounts (IRAs)
Schwab offers multiple types of individual retirement accounts (IRAs) to help meet your goals.
Key advantage: You may get immediate tax benefits, but you'll have to pay taxes when you take money out in retirement.
Key advantage: You can get tax benefits later, when you take out your retirement savings tax-free.
Rolling over your plan from a former employer is one way to take control of your retirement savings. Get start-to-finish rollover help.
Other IRA options
Why IRAs at Schwab?
$0Online equity trades¹
Online tools and resources
View important information about our IRAs at Schwab
- View important information about our IRAs at Schwab
Get your retirement on track with three easy steps
StepOpen your IRA account
here are many different types of IRAs, each with different benefits and requirements, depending on your personal situation and financial goals. We can help you understand your options and select the IRA account type that meets your needs.
StepFund your account
Your money can come from various sources, such as rolling an old employer plan into the account, transferring an existing IRA to Schwab, or making a direct contribution.
StepChoose your investments
Schwab offers a range of investment options, including stocks, bonds, ETFs, mutual funds, CDs, and more
This tax information is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends that you consult with a qualified tax advisor, CPA, financial planner, or investment manager. Depending on the type of account you have, there are different rules for withdrawals, penalties, and distributions. Please understand these before opening your account.
A rollover of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options, which may include but not be limited to keeping your assets in your former employer’s plan, rolling over assets to a new employer's plan, or taking a cash distribution (taxes and possible withdrawal penalties may apply). Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment-related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.
We're here to help.
View important information about our ratings and reviews
- View important information about our ratings and reviews