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Individual Retirement Accounts (IRA)

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Open a Schwab Individual Retirement Account (IRA) for a tax-smart approach to saving for retirement.

Other IRA Options

Opening a Schwab IRA is an easy way to get your retirement savings on track and possibly save on taxes. We’ll help you choose the right Individual Retirement Account and provide the guidance, tools, and resources you need to meet your retirement goals. 

Traditional IRA

Key advantage: You may get immediate tax benefits, but you'll have to pay taxes when you take money out in retirement.

Ready to get started?
 

Roth IRA

Key advantage: You can get tax benefits later, when you take out your retirement savings tax-free.

Ready to get started?
 

Rollover IRA

Rolling over your plan from a former employer is one way to take control of your retirement savings.
  • Get start-to-finish rollover help
Ready to get started?

There are no fees to open or maintain your account. Other account fees, fund expenses, and
brokerage commissions may apply. (Pricing Details.)

Inherited IRA

Have you inherited an IRA or an employer-sponsored retirement plan account? Find out what you need to know.

Call to 866-855-5635 get started.

Custodial IRA

Do you have a child with earned income? Here’s a great way to give them a head start on their retirement savings.


Photo of woman on individual retirement account page

Understanding IRAs

Get answers to your questions about investing for retirement, plus tools and calculators—all to help you build the retirement you want.






Individual Retirement Account is rated 4.2 out of 5 by 722.
Rated 1 out of 5 by from Terrible Broken Product: Schwab and Checking Apparently, an additional Schwab One account initially created failed, but instead of returning money and closing the accounts, they kept them "open" for years, and terrible IRA account auto-investments with sub-index returns. The attempts to reallocate and change investments were always buggy, or incomplete, with extreme difficult to find simple cheap broad market index fund replacements. What is worst is that the Schwab.com website AND many multiple calls to Customer Support, across many different departments and days, NEVER communicated that the accounts were "invalid." Instead, attempts to set up an external linked checked account was REFUSED BY SCHWAB BANK to my external bank, which was so weird to them that they (external bank) placed a security hold against possible fraud. But still after multiple calls, wherein I was OFFERED a fix to apply a MANUAL voided check linked account configuration, did a final "Customer Verification Research Department" finally be the FIRST in YEARS (3+) that this was an Invalid account that should not exist because some issue with an EXPERIAN credit check in 2014 (with Experian being the unreliable, unsecure, terrible consumer credit monster).
Date published: 2017-09-16
Rated 5 out of 5 by from Good IRA account. Never had a problem with Schwab.
Date published: 2017-09-12
Rated 4 out of 5 by from IRA with mandatory withdrawals Schwab does well for research and trading. Meets all my needs for an asset statement (Balance Sheet). Falls way short for maintaining a projected income statement. Cash flow planning is very difficult because you do not offer Est. Annual Income by the security for all securities in a portfolio. Total Return monitoring must be done on my own spreadsheet. Takes several hours every month. I have mentioned to my acct mgr. If there is no change, I will be moving to an online brokerage that does. We moved my wife's acct from one that does to Schwab and she is lost without an estimated income summary. It has been one of her most reliable benchmarks for nearly 30 years.
Date published: 2017-09-12
Rated 4 out of 5 by from
Date published: 2017-09-12
Rated 5 out of 5 by from
Date published: 2017-09-11
Rated 4 out of 5 by from Great Brokerage Firm I have always had great experience at Charles Schwab. I had my retirement account with them for a few years now. The only thing is the outrageous fees. I'm glad they lowered them from $8.95 to $4.95. I remember in early 2015 I phoned in an investment. I had to pay $13.95 for the commission, which is a lot. But I'm hoping they can reduce their commission costs.
Date published: 2017-09-10
Rated 5 out of 5 by from Efficient service Information updated timely.
Date published: 2017-09-05
Rated 5 out of 5 by from
Date published: 2017-09-02
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