Is a ReadyChoice IRA right for me?
Get a quick start saving for retirement with a ReadyChoice IRA—an all-in-one investment solution for investors looking to open a new IRA. This solution pairs a Traditional or Roth IRA with a recommendation for a T. Rowe Price Retirement Fund.
And if your needs change, you always have the option to select another target date fund or choose from more than 100 T. Rowe Price mutual funds.
A ReadyChoice IRA may be right for you if you are ...
Choose the ReadyChoice IRA that’s right for you.
An IRA may be subject to an annual fee, and a fee may be assessed when an IRA is closed.
Build a portfolio with a ReadyChoice IRA.
Life evolves and priorities change. At T. Rowe Price, we get that, and we get you. We are by your side, helping you achieve your best outcomes, not just for retirement, but for life.
ReadyChoice IRA includes a point-in-time, no-obligation recommendation for a T. Rowe Price Retirement Fund based on your age, investment amount, and the factors discussed in the Methodology document (PDF). You have the option of selecting another target date fund or even building your own portfolio from scores of other T. Rowe Price funds that may be appropriate for an IRA. You remain in full control of all investment decisions.
Grow your retirement with us.
The T. Rowe Price Retirement Fund Recommendation Service is a nondiscretionary advisory service provided by T. Rowe Price Advisory Services, Inc., a registered investment adviser under the Investment Advisers Act of 1940. T. Rowe Price Investment Services, Inc., distributor, T. Rowe Price mutual funds, T. Rowe Price Advisory Services, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies.
The principal value of the Retirement 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 funds’ allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The 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 postretirement withdrawal horizon. The funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility over shorter time horizons.
All investments involve risk, including possible loss of principal. Diversification does not ensure a profit or protect from a loss in a declining market.
*39 of our 56 Retirement Funds had a 10-year track record as of 9/30/2024 (includes Investor, I Class, Advisor, and R Class Shares). 37 of these 39 funds (94%) beat their Lipper average for the 10-year period. 27 of 42 (64%), 20 of 42 (47%), and 37 of 39 (94%) of the Retirement Funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 9/30/2024, respectively. Calculations are based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)
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