Roth IRA

Open a Roth IRA and take advantage of after-tax benefits as you save for retirement.

Online equity trades

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    Online equity trades¹

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Advantages of a Roth IRA

  • Earnings grow tax-free

    Contributions and potential investment gains accumulate tax-free.

  • Qualified tax-free withdrawals

    Withdrawals can be taken out tax-free and penalty-free providing you’re 59½ or older and you have met the minimum account holding period (currently five years).

  • No mandatory withdrawals (unlike a Traditional IRA)

    There is no requirement to take minimum distributions starting at age 70½.

Fees and commissions

Open an account with a $0 minimum deposit plus get $0 online equity trade commissions3, regardless of your account balance or how often you trade.

View important information about our fees and commissions

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.

Benefits of a Roth IRA with Schwab

  • Retirement planning tools and resources

    Schwab offers planning resources, calculators and retirement income strategies, to help you plan for the future.

  • Investing insights

    Stay informed with the latest market commentary, insights, and investing ideas from Schwab experts. 

  • Get support 24/7 + convenience of 300+ branches

    Call our financial professionals anytime. Plus get local support at a branch near you.


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Common questions

Account opening and funding questions

Account opening and funding questions

Take the next step

  • Take the next step

    Open a Schwab Roth IRA today. Call 866-855-5636 or

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