IRAs: Individual Retirement Accounts

Pursuing competitive long-term performance to help you reach your retirement goals is what we’re all about.

Find the right IRA option for you.

Open a new account

Roth IRA

  • Pay taxes now.
  • Receive tax-free withdrawals from qualified distributions.1
  • May be a good option if you're in a lower tax bracket.
  • Minimum investment: $1,000
  • Income limits may apply.

Traditional IRA

  • Pay taxes later.
  • Receive potential tax deductions now.
  • May be a good option if you're in a higher tax bracket.
  • Minimum investment: $1,000.
  • Income limits may apply.

Move an existing account

401(k) Rollover/Transfer IRA

  • Move your existing 401(k) or IRA.*
  • Consider your options for a previous employer-sponsored plan.
  • May be a good option if you want ongoing tax-deferred growth.

Top-Ranked Retirement Funds

Focused on a balance of risk and returns to maximize confidence in your investments. Over 95% of our Retirement Funds with a 10-year track record beat their 10-year Lipper average as of 3/31/2024.2

Rollover Concierge

Do you have an old 401(k)? Let us do the work for you. With this free service, you’ll get a dedicated Financial Consultant who can help you roll over your retirement savings.*

Put 80 years of expertise to work for you.

Life evolves and priorities change. We listen and put your chief concerns first to help you achieve your best outcomes—not just for retirement, but for life.

[T. Rowe Price] did a fantastic job by taking the time to listen to my whole situation, educating and providing options I hadn’t even considered before.

--Client of 15 years

Testimonials may not be representative of the experience of other customers and are not a guarantee of future performance or success.

Grow your retirement with us.

Invest for retirement

Start building for a more secure financial future.

Is an IRA right for you?

Speak with one of our Financial Consultants.

Monday–Friday, 8 a.m.–8 p.m. ET

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From one-on-one retirement investment advice to professionally managed portfolios, we're here to help.

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1Generally, as long as you've held the account at least 5 years and you're age 59½ or older.

*Consider all available options, which include remaining with your current retirement plan, rolling over into a new employer's plan or IRA, or cashing out the account value. When deciding between an employer-sponsored plan and IRA, there may be important differences to consider, such as range of investment options, fees and expenses, availability of services, and distribution rules (including differences in applicable taxes and penalties). Depending on your plan's investment options, in some cases, the investment management fees associated with your plan's investment options may be lower than similar investment options offered outside the plan.

The principal value of the Retirement Funds is not guaranteed at any time, including at or after the target date, which is the approximate year an investor plans to retire (assumed to be age 65) and likely stop making new investments in the fund. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. The funds’ allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The funds emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus on supporting an income stream over a long-term postretirement withdrawal horizon. The funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility over shorter time horizons.

236 of our 56 Retirement Funds had a 10-year track record as of 3/31/2024 (includes Investor, I Class, Advisor, and R Class Shares). 35 of these 36 funds (97%) beat their Lipper average for the 10-year period. 42 of 42 (100%), 24 of 42 (57%), and 38 of 39 (97%) of the Retirement Funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 3/31/2024, respectively. Calculations are based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)

All investments involve risk, including possible loss of principal.