T. Rowe Price IRA

T. Rowe Price offers a diverse array of investment options to help you customize a plan to achieve your retirement goals. To find out which type of IRA is right for you, use our Roth IRA vs. Traditional IRA selection tool.

It's easy to open an account or learn more about your IRA options.

Which IRA Is Right For You?

Roth IRA  Tax-free growth potential.

  • No age restrictions, but you must have earned income in order to make Roth IRA contributions.
  • For tax year 2013: May not be eligible if your income is over $127,000 for single filers and $188,000 for joint filers.
  • For tax year 2014: May not be eligible if your income is over $129,000 for single filers and $191,000 for joint filers.

Traditional IRA  Tax-deferred growth potential.

  • You must be under
    age 70½.
  • You must have earned income but there are
    no income limits.
  • For tax years 2013 and 2014 contributions may be tax-deductible if you meet income and eligibility requirements.

Roth IRA vs. Traditional IRA Selection Tool

Complete the four-step questionnaire to help select the IRA that best meets your needs.

What is your tax filing status? Single or Head of Household
Married Filing Jointly

Investment Options
for Your IRA

Keep your retirement savings on track with one of our low-cost, actively managed target date funds.

Mutual Funds

We have over 100 no-load mutual funds to address your specific investing needs.

Convert Your Traditional IRA to a Roth IRA

A Roth IRA offers many advantages over a Traditional IRA. See if you should switch.

Convert Your Traditional IRA to a Roth IRA Take a closer look

The principal value of the Retirement Funds and Target Retirement Funds (collectively, the "target date 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 target date funds' allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The Retirement 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 retirement withdrawal horizon. The Target Retirement Funds emphasize asset accumulation prior to retirement, balance the need for reduced market risk and income as retirement approaches, and focus on supporting an income stream over a moderate postretirement withdrawal horizon. The target date funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The key difference between the Retirement Funds and the Target Retirement Funds is the overall allocation to equity; although they each maintain significant allocations to equities both prior to and after the target date, the Retirement Funds maintain a higher equity allocation, which can result in greater volatility over shorter time horizons.

*Based on cumulative total return, 12 of 12, 12 of 12, 12 of 12, 9 of 9, and 2 of 3 (67%) of the Retirement Funds for individual investors outperformed their Lipper average for the 1-, 3-, 5-, and 10-year and since-inception periods ended 9/30/14, respectively. The Retirement 2010, 2020, 2030, 2040, and Income Funds began operations on 9/30/02; the 2005, 2015, 2025, and 2035 Funds began operations on 2/29/04; the 2045 Fund began operations on 5/31/05; and the 2050 and 2055 Funds began operations on 12/31/06. Not all funds outperformed for all periods. Fund returns have been affected by market volatility and may be negative for certain periods. (Source for Lipper data: Lipper Inc.)