Traditional IRA

Get the basics

What is a Traditional IRA?


  • You can contribute up to $6,000 into your IRA for 2019- If you're over 50 you can contribute an additional $1,000.
  • Contributions are often tax deductible.
  • Anyone with earned income can contribute until age 70½.
  • To Contribute Now


  • Must begin taking money out by age 70½.
  • Pay no taxes until you take money out.
  • Withdrawals are penalty free at age 59½.
  • More about Traditional IRAs
Get the basics

Traditional IRA features

Make contributions, regardless of your income.

Contributions are often tax deductible.

Pay no taxes until you take money out.


What makes TIAA IRAs different?

Advice and support at no additional costs to help you figure everything out*

A wide array of investments

Flexible retirement income options

Next steps

Ready to open a Traditional IRA?

You can start online now, or give us a call at 844-TIAA-IRA.
Make sure you have info about your annual income and funding account handy.
Next steps

Speak with an IRA consultant

Give us a call

We’re here to help.
Weekdays, 8 a.m. – 7 p.m. (ET)

Request a callback

Tell us when you want us to call.

Discover more


New to investing?

Get the basics if you’re just starting out.

Make sure you’re covered

Do you have enough life insurance?
This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made  based on the investor’s own objectives and circumstances.
* Some IRAs may be eligible for support only, and not advice services.  Advice services use a methodology from Morningstar Investment Management, LLC.
Withdrawals of earnings prior to age 59½ may be subject to ordinary income tax and a 10% penalty.
Certain securities may not be suitable for all investors. Brokerage Services are provided by TIAA-CREF Brokerage Services, a division of TIAA-CREF Individual & Institutional Services, LLC.