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Traditional IRA

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Open a Traditional IRA for a tax-smart way to save for retirement.

Ready to get started?

Open a Traditional IRA

Here’s what you’ll need:

  • Social Security number
  • Driver’s license number
  • Employer’s name and address
  • Statement information for assets or cash you may want to transfer
  • Beneficiary information
  • No fees to open or maintain your account—other charges may apply1
  • A range of stocks, bonds, ETFs, mutual funds, and CDs to choose from
  • Easy access to financial professionals and investment tools

What are the fees and commissions?

  • $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1
  • Minimum required to open an account: $1,0002
  • Commissions: $4.95 per online equity trade;3 $0 per Schwab ETF online trade in your Schwab account4

What do I get with this Traditional IRA?

Every Schwab account comes with investment help and guidance. With this account, you’ll get:

  • Immediate tax benefits if you qualify
  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement
  • Retirement planning tools and resources in Understanding IRAs
  • 24/7 service and support

See Client Reviews

Quick answers to related questions

Have questions about our Traditional IRA? Here are responses to some of the most common questions we hear. If you have a specific question, please call us at .

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Helpful Resources

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Individual Retirement Account is rated 4.2 out of 5 by 889.
Rated 5 out of 5 by from easy navigation everything I need to know is here
Date published: 2018-03-07
Rated 5 out of 5 by from Best Customer Service Ever! Had to set up my account and take care of RMD paperwork. Your customer service rep, Jonathan (in Phoenix I think), was excellent. He was knowledgeable, went the extra mile to help me, spoke clearly, and made this process easy. Give that boy a raise!
Date published: 2018-03-06
Rated 5 out of 5 by from Great and easy access I rolled this account over from another more restrictive account. I love how easy it is to make trades and to get information on equities.
Date published: 2018-03-05
Rated 5 out of 5 by from Title is fine Very easy to follow each day-- Gives a great indication of trend & direction
Date published: 2018-03-04
Rated 5 out of 5 by from very friendly IRA
Date published: 2018-03-02
Rated 5 out of 5 by from Easy to learn howe to use. Can get information easily when want and need its. Respect my privacy and wish to control how much marketing desired. Is frequently upgraded and improvements are noticeable.
Date published: 2018-03-01
Rated 5 out of 5 by from Great service They helped walk me through rolling over my 403b to an IRA, then once I had the account in place and an online link I found the website to be very easy to navigate and self explanatory.
Date published: 2018-02-27
Rated 5 out of 5 by from Extensive selection of mutual funds and all the information you need to make intelligent choices.
Date published: 2018-02-25
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