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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  • Potential gains accumulate tax-deferred—pay no taxes until funds are withdrawn in retirement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 866-855-5636.

Take the next step.

Call
866-855-5636
or

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 769.
Rated 5 out of 5 by from Great experoence I have been with Schwab 17 years and have gain a lot of knowledge throughout the years.
Date published: 2017-10-30
Rated 4 out of 5 by from Schwab Has Been My GoTo Financial and Investment Advisor I really like Schwab and the services they offer. I have been a customer for over 25 years.
Date published: 2017-10-29
Rated 5 out of 5 by from Excellent Service Schwab is an excellent provider of investment services for my self-directed IRA, from low trading costs, to complete accounting an assistance - I highly recommend their services!
Date published: 2017-10-27
Rated 5 out of 5 by from Happy so far- but what's next? I now have 13K in my IRA. I am almost 66. Should i keep investing or should I change my investing strategy?
Date published: 2017-10-27
Rated 5 out of 5 by from
Date published: 2017-10-27
Rated 5 out of 5 by from Everything you need to succeed Excellent research, execution, and security.
Date published: 2017-10-26
Rated 5 out of 5 by from
Date published: 2017-10-26
Rated 5 out of 5 by from sevice very helpful representative explained a change in fund name, and helped me find the quarterly portfolio report on the website
Date published: 2017-10-25
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