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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 apply.1
  • $0 account minimum.
  • Commissions: $4.95 per online equity trade;2 $0 per Schwab ETF online trade in your Schwab account.3

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  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement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 .

Take the next step.

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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 4.1 out of 5 by 495.
Rated 5 out of 5 by from RMD Easy and simple.
Date published: 2018-11-29
Rated 1 out of 5 by from Incompetent Everything worked great until I had a filing problem. I was misinformed twice. Schwab didn't respond to submissions twice. No one to hold accountable.
Date published: 2018-11-21
Rated 5 out of 5 by from Great low cost investing Super easy interface, great options, and low fees. Makes me feel more in control of my money.
Date published: 2018-11-19
Rated 1 out of 5 by from poor features could not find link to corporate actions/instructions for tender offers. Very poor and highly frustrating.
Date published: 2018-11-15
Rated 5 out of 5 by from Great help when I need it Schwab is full service and meets my requirements for traditional IRA, Roth IRA, bank checking, and bank saving accounts.
Date published: 2018-11-14
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