Disclosed herein are a retardation film for IPS mode, a polarizing plate including the same, and a liquid crystal display including the same. The retardation film for IPS mode has an out-of-plane retardation at a wavelength of 450 nm (Rth (450) of about −80 nm to 0 nm, an out-of-plane retardation at a wavelength of 550 nm (Rth (550) of about −60 nm to 10 nm, an out-of-plane retardation at a wavelength of 650 nm (Rth (650) of about −60 nm to 10 nm, and an in-plane retardation (Re) at a wavelength of 550 nm of about 0 nm to 10 nm.