Retirement, Investments, & Insurance for Individuals Invest & Retire Individual Retirement Accounts (IRAs) Principal® IRA

Principal® IRA

Putting you in control of your retirement savings.

Whether you're investing in a Roth IRA or a traditional IRA, we give you the tools and resources to help secure your financial future.

A Principal® IRA gives you access to a range of investment options beyond what's typically offered in a traditional employer retirement plan - such a 401(k). Whether you're looking for a straightforward investment or a customized lineup, you can choose from a variety of options including, but not limited to:

  • Mutual funds
  • Stocks
  • Bonds
  • Exchange-traded funds

With a Principal® IRA, you can consolidate multiple retirement accounts into one, which can mean less management and tracking for you.1 Our expertise can provide you with support to help you feel ready for whatever's next.

Principal IRA

We can point you in the right direction.

Our team of financial professionals is ready to take the hassle out of your decision. We've been there, too — so we can help walk you through it.

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With a Principal® IRA, you have access to a wealth of complimentary resources and professional support. We provide ongoing access to our team of dedicated, experienced financial professionals, Monday - Friday, 7 a.m. to 9 p.m. CT.

With more than 80 years of experience providing real-life products and services, we know a thing or two about helping people make financial progress.2

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What are the fees?

That depends on the size of your account and your specific investment options. Annual fees and early withdrawal fees may apply in some cases. We've included more information below, but it's important to weigh all the options.

Like buying a new car, or a car seat for your first child, the cheapest option for an IRA may not always be best. Our educational content and financial professionals can help you decide.

You won't pay account opening or maintenance fees for most accounts over $10,000. Accounts under $10,000 may have an annual fee of no more than $35, depending on which product you select. Brokerage accounts have a $35 annual fee regardless of account size. There are underlying fees or expenses for specific investment options—these are tied to the investment option and could apply regardless of the IRA provider you work with.


Ready to get started?

Already a Principal customer?

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Open a rollover IRA

New to Principal?

Open your rollover IRA in about 10 minutes.

800-247-8000 ext 2251

Monday - Friday
7 a.m. to 9 p.m. CT

Give us a call.

Help is within reach. Let our financial professionals do the heavy lifting for you.

800-247-8000 ext 2251

Monday - Friday
7 a.m. to 9 p.m. CT


1 When deciding between an employer-sponsored plan and an IRA you should consider the differences in investment options and risks, fees and expenses, tax implications, services and penalty-free withdrawals for your various options. The organization’s retirement plan investment options may have investment expenses lower than similar investment options offered outside the plan. There may be other factors to consider due to your specific needs and situation. You may wish to consult your tax advisor or legal counsel.

2 Providing retirement plan services since 1941

Investment and Insurance products are: 
• Not Insured by the FDIC or Any Federal Government Agency 
• Not a Deposit or Other Obligation of, or Guaranteed by, Principal Bank or Any Bank Affiliate 
• Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested 

This document is intended to be educational in nature and is not intended to be taken as a recommendation. 
Financial professionals provide education with respect to the options you have with your retirement plan assets, and are able to sell Principal® products. They do not represent, offer, or compare products and services of other financial services organizations.