Why choose a Principal IRA?

When it comes to saving for retirement, you should feel like you’re in the driver’s seat. With a Principal® Individual Retirement Account (IRA), you will. Get control, convenience, and the ability to manage your money all in one place.

A broad range of investment options

You’ll have access to a wide range of investment options—not just what’s offered in an employer retirement plan. Investment options can include:

  • Mutual funds
  • Exchange-traded funds
  • Stocks
  • Bonds
  • Annuities
  • And more

Not sure what's right for you? We can coach you on investment choices if you need help.

Guidance and support

Your IRA comes with ongoing service and resources to help you manage your finances and plan for the future. You'll get:

  • A dedicated team of financial professionals available during your rollover and beyond.
  • Complimentary financial wellness resources through ARAG and Enrich—like online will prep, loan repayment options and budget-building tools.
  • Tips and insights sent right to your inbox, along with additional information on timely financial topics.

Or maybe you want to learn a little more before you make your decision. Just give us a call at 800-247-8000, ext. 2251—we're& happy to help you double check all your account options so you feel confident you're making the right decision.

What about fees?

There are no account opening or ongoing maintenance fees for accounts over $10,000, whether you're rolling over existing retirement funds into an IRA or making an initial deposit in a start-up IRA.1

It’s easy to start your IRA with Principal

Just choose the option that works best for you:

Want some more information? Check out our article on things to think about when opening an IRA.

Start your Principal IRA
  • Open your IRA online.
  • Call 800-247-8000, ext. 2251, to get personalized help from a financial professional.
Already have an IRA with Principal?

Log in to view account information online or add to your account.

1 Accounts under $10,000 may have an annual fee of no more than $35, depending on which product you select. Some investment options may have fees, depending on the type of investment and when you withdraw money. Some investments may charge early withdrawal fees if you close your account, or take money out, within a certain timeframe after opening the account. Annuities and mutual funds may also have additional fees specific to that type of product.

As part of the Principal Rollover Plus program, you have the option to receive educational help from us on how you are doing with your financial goals. By providing a financial professional team we are not providing investment advice, undertaking an investment advisory relationship with you nor monitoring your investments for you. You should contact us if your financial situation changes. The advice was limited to the retirement account that was discussed. If you need additional or new guidance, please call us back.

The value-added resources provided through ARAG Services, LLC (ARAG®) and iGrad, Inc. (Enrich) are not a part of any insurance products and plan administrative services provided through Principal Life Insurance Co or affiliated with any company of the Principal Financial Group®. All resources may be changed or canceled at any time. 

The use of resources provided by ARAG Services, LLC or Enrich should not be considered a substitute for consultation with an attorney or advisor. Principal® is not responsible for any loss, injury, claim, liability, or damages related to the use of the ARAG Will & Legal Document Center or Enrich resources.

Please remember that the ARAG legal documents are accurate and useful in many situations. Whether or not the document is right for you and your situation depends on your circumstances. If you want specific advice regarding your situation, consult an attorney.

Information is intended to be educational in nature and is not intended to be taken as a recommendation.

Enrich and ARAG Services, LLC are not an affiliate of any company of the Principal Financial Group.

This document is intended to be educational in nature and is not intended to be taken as a recommendation.

The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.

Financial professionals are sales representatives for the members of Principal Financial Group®. They do not represent, offer, or compare products and services of other financial services organizations.

Insurance products and plan administrative services provided through Principal Life Insurance Co. Securities offered through Principal Securities, Inc., 800-547-7754, member SIPC. Principal Life and Principal Securities are members of Principal Financial Group®, Des Moines, IA 50392.