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Partnership Disclosure
We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the rollover service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we might receive no compensation in these situations—because it’s just the right thing to do!

Charles Schwab IRA Review 2024: Features, Fees, and More

Updated on March 12, 2023

Learn about our Editorial Process

Key Takeaways
  • Charles Schwab offers one of the most competitive IRAs on the market – with low fees, built-in planning tools, and a user-friendly website and app.
  • The only drawback to Charles Schwab IRAs is that it doesn’t allow you to directly invest in and trade crypto, though it does offer crypto exposure.
Consolidate all of your old 401(k)s into a Charles Schwab IRA.
Start your 401(k) rollover to a Charles Schwab IRA in just a few minutes.

Charles Schwab IRA Snapshot

Best if you want
An easy-to-use, low-cost trading account from the broker that pioneered low-commission trades.
$0 online trades for stocks and exchange-traded funds (ETFs)
What you can invest in
Stocks & ETFs, Mutual Funds, Options, Futures, Bonds
Schwab does not offer direct investments in cryptocurrency, though this won't be a limitation for most investors.
Account minimum
Ease of Use
Star filledStar filledStar filledStar filledStar half
4.5 stars
Checkmark Pros

• No minimum balance
• Easy-to-use online platform
• Access to detailed research 
• Large selection of investment options
• A brand well-known for lowering costs for retail investors

Checkmark Cons

• No direct crypto investing

Ready to take control of your assets?
Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.

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