Individual Retirement Accounts (IRAs)

Retirement savings with unique tax advantages

Individual Retirement Accounts (IRAs) are a simple way to save for retirement, offering a variety of tax advantages and even the opportunity to generate income during retirement, helping you to reach your goals and keep your family supported.
An IRA with the Principal® gives you numerous choices and control, with opportunities to consolidate multiple retirement accounts. It can be easier to manage and plan for retirement when your savings are in one place. 
Principal IRAs include a variety of investment options, such as: 
  • Mutual funds
  • Stocks
  • Bonds
  • Annuities

Financial professionals at Principal can help you define your retirement goals and create an IRA personalized to your needs and goals.

Learn more about your retirement plan distribution options (PDF).

Consolidate and simplify your retirement savings.
The potential for long-term tax-deferred growth with immediate tax advantages.
Enjoy tax-free qualified withdrawals of your retirement savings.

We're here to help

Want to discuss an IRA with a financial professional? We offer a variety of ways. Just choose the one that works best for you:

Get started with Principal RolloverPlusSM

With Principal RolloverPlusSM, you get ongoing support1.

Want to talk with a financial professional?

Call 800-247-8000, ext. 2251 to get a personalized approach.

Already have an IRA with Principal?

Call to add to it or log in to view account information online.

Help to reach your retirement goals

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More for your retirement: Going beyond your employer’s plan

When it comes to saving for retirement, your employer’s retirement plan isn’t the only option. Consider adding other types of accounts to your portfolio too.

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The financial juggling act: Prioritizing all your needs

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Your debt-free retirement: A roadmap

1 As part of the Principal RolloverPlusSM program, you have the option to receive educational help from us on how you are doing with your financial goals. By providing a dedicated counselor and/or the annual check-in feature, we are not providing investment advice, undertaking an investment advisory relationship with you or monitoring your IRA investments for you. 

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

Before investing, carefully consider the investment option objectives, risks, charges, and expenses. Contact a financial professional or visit for a prospectus or, if available, a summary prospectus containing this and other information. Please read it carefully before investing.

Investing involves risk, including possible loss of principal.

Withdrawals from IRAs prior to age 59 ½ may result in IRS early-withdrawal penalties.

IRAs are tax-deferred.  You derive no additional benefit from the tax deferral feature of an annuity. Consequently, an annuity should be used to fund an IRA to benefit from the annuity's features other than tax deferral. These features may include guaranteed lifetime income, guaranteed minimum interest rates, and death benefits without surrender charges.

The subject matter in this communication is 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 at 800-243-4380 ext. 2550 are sales representatives for the members of the Principal Financial Group. They do not represent, offer or compare products and services of other financial services organizations.