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The Thrivent Financial for Lutherans Single Premium Immediate Variable Annuity (SPIVA) can help you meet your retirement needs—not only by providing immediate income that may last for your lifetime, but by offering the potential for protection against inflation. With flexible income payment options and a possible death benefit, as well as a variety of investment options, our Single Premium Immediate Variable Annuity may be right for you.
How it works
You pay a single premium to Thrivent Financial and then choose among the available investment options. You choose the frequency of income payments, which will fluctuate, depending on your investment choices, their respective performance and the assumed investment return you select.
Why you should consider the Thrivent Financial Single Premium Immediate Variable Annuity
Our SPIVA may meet your needs if you:
- Have available assets.
- Want flexible income payment options.
- Want your income payments to have growth potential through exposure to financial markets.
- Want death benefit protection for your beneficiaries.*
- Want to have income payments to help meet home living expenses, mortgages, or life, Medicare supplement or long-term care insurance premiums.
A variety of investment options
If you decide this product is right for you, you select the investment options to match your investment style, risk tolerance and income needs. Income payments from an immediate variable annuity will fluctuate, depending on your investment choices, their respective performances and the assumed investment return you select.
Your financial representative with Thrivent Financial for Lutherans can help
Contact your financial representative for more information about the Single Premium Immediate Variable Annuity from Thrivent Financial for Lutherans. He or she can provide you with costs, complete details of coverage, exclusions, reduction of benefits, and terms under which the contract may be continued in force or discontinued.
Download a prospectus for the Thrivent Financial for Lutherans Variable Annuity. The prospectus contains more complete information on charges and expenses. You should read the prospectus carefully before you invest or send money.
The Thrivent Financial Single Premium Immediate Variable Annuity is distributed exclusively by Thrivent Investment Management Inc., a wholly owned subsidiary of Thrivent Financial for Lutherans. With the Thrivent Financial Single Premium Immediate Variable Annuity, the contract owner assumes the investment risk and has the potential to receive more or less in terms of income payments during the annuity payment period.
All guarantees based on Thrivent Financial's claims-paying ability.
*This feature is not available with all plans. It will depend on the income option you select.
| Contract Forms: #4470, | #4474, #TX4470
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| 20456WG | N11-02 |
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