Individual Retirement Accounts (IRA)

Save for the Future You


No matter where you want your retirement savings to take you, it's quick and easy to set up an IRA to help you get there. Scottrade offers transparent pricing, a wide variety of investment products and objective third-party research to help you make sure your savings are working hard to meet your goals.


We have a variety of account types available to help you stay on the right track—plus, it can be easier to manage your investments when they're all in one place.




Old 401(k) or IRA Rollover

Simplify and Consolidate

If you roll over your IRA or old 401(k) to Scottrade, we can help you get a holistic view of your investments and provide solutions for reaching your specific goals.

Scottrade offers both Traditional and Roth IRA rollover options. When you open a Rollover IRA, you will have access to a wide variety of investment choices including stocks, bonds, mutual funds and more. Plus, a direct transfer of your old 401(k) or IRA can help you avoid any negative tax consequences.

We’ll even refund your transfer-out fees* when you roll over your account into a Scottrade IRA.

Roth IRA

Tax-Free Growth

Roth IRAs allow you to make after-tax contributions, while still letting your money grow tax-free (as long as it is in the account for at least 5 years). Your contributions are not tax-deductible, but you will enjoy tax-free growth. Qualified withdrawals from a Roth IRA are not considered taxable income. This can give you more control over your future—especially because there are no Required Minimum Distributions (RMDs). There are income limitations on who can contribute to a Roth IRA, but even if you exceed the income limitations, you can consider converting a Traditional IRA to a Roth IRA.

With a self-directed Roth IRA at Scottrade, you can invest in stocks, bonds, mutual funds and more. To help decide whether this aligns with your retirement goals, familiarize yourself with Roth IRAs.

Traditional IRA

Tax-Deferred Savings

With no annual income limits and tax-deferred contributions, Traditional IRAs can be a great fit for your retirement goals. Depending on your income and eligibility, you may also qualify for your contributions to be tax-deductible.

Scottrade offers Traditional IRAs with a variety of investment options including stocks, ETFs, bonds, mutual funds and more. To determine whether this is the right fit for you, read more about Traditional IRAs. 


Employers, Employees, and the Self-Employed Investing Together 

If you are self-employed or own a small business of less than 25 people, a Simplified Employee Pension (SEP IRA) may be the right option for you and your employees. As the name suggests, these are generally simpler to set up and administer than the alternatives. One feature of a SEP IRA is that contribution limits could be higher than for a SIMPLE IRA.

SEPs offer tax-deferred features like Traditional IRAs, but extends them to the employer—because, tyically, instead of the employee making contributions, the employer does. Find out more about SEP IRAs and see if they align with your retirement plan.


Retirement Plans for Small Businesses 

If you’re self-employed or work for a small business, you may want to expand your retirement plan to include a Savings Incentive Match Plans for Employees (SIMPLE IRA).These accounts provide a simplified method for small business owners and employees to make contributions. Plus, they may qualify for an annual tax break and have ongoing tax-deferred compounding like a Traditional IRA.

Make the Switch: Roll over your IRA in 3 easy steps

Before making any rollover decisions, investors should research and consider all available retirement options carefully. Your decision should reflect consideration of various factors, including the benefits and penalties involved. Some of these factors include, but are not limited to, investment or account related fees and expenses, differing levels of service available, withdrawal penalties, creditors and legal protections, required minimum distributions, and factors related to owning employer stock. The importance of these factors will vary depending on your individual needs and circumstances. Tax consequences may vary depending on state law and your individual situation. Scottrade does not provide tax advice. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation.

*Scottrade will reimburse the account transfer fees up to $100 charged by another broker when you transfer your account with a value of $10,000 or more to Scottrade. You must apply for the fee reimbursement offer by completing and submitting a Scottrade Account Transfer Reimbursement Request form and a statement providing proof of imposed transfer fees. Account Transfer Reimbursement Request forms and proof of transfer fees can be mailed, faxed or personally delivered to your local Scottrade branch office. Reimbursement will be made to your account via a credit within 30 days of receipt of the Account Transfer Reimbursement Request form and proof of transfer fees. The transfer reimbursement does not currently have a termination date. However, Scottrade reserves the right to terminate this offer at any time without prior notice or extend the offer at its sole discretion. Void where prohibited.