Benefits of a Traditional IRA
Tax advantages while you save.


All or part of your contributions may be tax-deductible, which may reduce your taxable income each year you make a contribution.

Your contributions may accumulate earnings and grow tax-deferred until you begin taking withdrawals in retirement, and by then, you could be in a lower tax bracket.


No income limit.

There are no income limit restrictions on eligibility to contribute. But you must have taxable compensation and there could be a limit on tax deductions if you are also contributing to a 401(k).

Frequently Asked Questions
Why T. Rowe Price for a Traditional IRA?

Low Fees and Minimums


You need to maximize your return potential, so we work to keep our fees competitive. That’s why our solutions include no-load mutual funds with low expense ratios. Keep in mind that an IRA may be subject to an annual fee, and a fee may be assessed when an IRA is closed. Here’s more information on fees.

Convenient and Flexible Fund Choices


You can choose from target date funds with strategic asset allocation and diversification, or select from more than 100 mutual funds to suit your investing needs.

A Global Investing Network in Pursuit of Your Goals


Our highly tenured global investment professionals are continuously assessing potential risk, while identifying opportunities to maximize growth potential over the long term.

Many of Our Funds Earn Morningstar's Highest Ratings


Over 70 of our funds have earned 4- or 5-star Overall Morningstar Ratings as of 11/30/19.*

Want to move existing savings into a T. Rowe Price Traditional IRA?