Traditional IRA
Traditional IRAs can be a smart solution to increase your tax-deferred retirement savings.
online equity trades
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$0Online equity trades¹
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24/7Professional guidance
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Online tools and resources
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Satisfaction Guarantee²
View important information about our online equity trades and Satisfaction Guarantee
- View important information about our online equity trades and Satisfaction Guarantee
Advantages of a Traditional IRA
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Grow potential earnings tax deferred
May be a good option for those who expect to be in the same or lower tax bracket in the future as you'll pay ordinary income tax on your withdrawals.
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No income limitations to open an account
However there are annual contribution limits to the account.
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Current year contributions may be tax-deductible
Depending on your income level or if you don't have an employer sponsored retirement plan your contribution is fully deductible.
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
- View important information about our fees and commissions
Benefits of a Traditional IRA with Schwab
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Retirement planning tools and resources
Schwab offers planning resources, calculators and retirement income strategies, to help you plan for the future.
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Investing Insights
Stay informed with the latest marketing commentary, insights, and investing ideas from Schwab experts.
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Get support 24/7 + convenience of 300+ branches
Call our financial professionals anytime. Plus get local support at a branch near you.
Read Client Reviews
Common questions
- When can I access my account?
- What are the tax benefits?
- What are the benefits of a Schwab Traditional IRA?
- What kinds of investment choices do I have?
- How much can I contribute each year?
- Roth or Traditional IRA—what’s the difference?
Account Opening and Funding Questions
Account Opening and Funding Questions
- What do I need to open a Traditional IRA account?
- How do I open an IRA account?
- How do I fund my account?
Take the next step
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Take the next step
Open a Schwab Traditional IRA today. Call 866-855-5636 or
Have more questions? We're here to help.
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View important information about our ratings and reviews
- View important information about our ratings and reviews