Thrivent Financial for Lutherans
4.1
based on complex data
Annuity Educator Rating
Annuity review

Thrivent Multi-Year Guarantee Annuity with ROP (7-Year)

The Thrivent Multi-Year Guarantee Annuity with ROP is a great tool for retirement planning. It offers dependable interest earning with a guaranteed fixed rate, and the best part is tax-deferred growth, which lets your investment accumulate faster. In addition, you choose the premium and guarantee period to match your financial needs and timing. No need to worry about outlasting your savings.

Another comforting feature is the legacy benefit; you can pass any remaining investment to loved ones or your favorite causes. And if needs change, you can access your money, up to 10% of the annuity’s value each year without a surrender charge. Plus, Thrivent is a highly-rated, solid organization that's been providing financial solutions for over 120 years. A fantastic choice for a more secure retirement!

Thrivent Multi-Year Guarantee Annuity with ROP (7-Year)-brochure Thrivent Multi-Year Guarantee Annuity with ROP (7-Year)-brochure

Thrivent Multi-Year Guarantee Annuity with ROP (7-Year)

Your Email

Compare this annuity with 400+ others from 100+ companies

$

No agent will call you

About Product

Premium Type
Single Premium
Fee withdrawal:
10%
Market Value Adjustment
No
Return Of Premium
Yes
Minimum Contribution
$10,000
Maximum Contribution
$2,000,000
Min Age Qualified
18
Max Age Qualified
88
Types Of Funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, and 1035 Exchange

MYGA Interest Rates

Term
Rate
Annual percentage yield (APY)
earned over the investment term
7 years 4.35%
Thrivent Multi-Year Guarantee Annuity is a type of fixed deferred annuity designed to strengthen your financial portfolio. The premium paid into a MYGA earns a guaranteed fixed interest rate over multiple consecutive years (3, 5, 7 or 9 years).
When you purchase a MYGA you will select the single premium amount that best fits your financial needs and goals. The minimum purchase is $10,000 and the maximum is $2 million.
A MYGA is available in two versions—return of premium (ROP) or market value adjustment (MVA). Each version has its pros and cons, but the version you choose will depend upon your needs, goals and overall retirement plan.

Return of premium (ROP)
Thrivent guarantees that if the contract is terminated, it will pay in cash no less than the premium paid less the sum of any previous surrenders. 

Accessing your funds
With either version of MYGA, you may surrender at least 10% of the accumulated value each year without a surrender charge. The exact amount you can surrender free of charges during the guarantee period will depend on which version you have.
ROP version:
You can accumulate free surrenders up to a maximum of 25%. The accumulation takes place as follows: 
  • 10% free each contract year. 
  • 20% free if no surrenders in the prior contract year. 
  • 25% free if no surrenders in the prior two contract years. 
Surrenders taken each year that exceed these amounts will be subject to a surrender charge.

Year by Year Account Balance

Understand how your money will increase when invested in Thrivent Multi-Year Guarantee Annuity with ROP (7-Year).
See if this annuity ranks in your top 3 for Virginia
$
!

Riders

No Riders for Thrivent Multi-Year Guarantee Annuity with ROP (7-Year) annuity.

Waivers

Surrender Window

Once you reach the end of the period you’ve chosen, you can surrender the MYGA contract with no surrender charges.

Company Founded: 1902
TOP Rated Company
Thrivent Financial for Lutherans
Company Ratings
5
  • A.M. Best A++
  • S&P AA+
  • Moody's Aa2
  • Comdex 100
Assets: $77,377,151,689
Wisconsin

Similar Products

GuaranteeShield Series
GuaranteeShield Series
A- 3.85%
Earnings from $100K
$20,790
Term
5yrs
Symetra Select Max
Symetra Select Max
A 4.10%
Earnings from $100K
$12,811
Term
3yrs
Thrivent Multi-Year Guarantee Annuity with MVA
Thrivent Multi-Year Guarantee Annuity with MVA
A++ 4.85%
Earnings from $100K
$39,309
Term
7yrs
James Alden Experienced Annuity Educator
25 years experience
3,712 career consultations
4 slots free for today
scheduling.
Your Name
Your Phone
Thank you for your trust! I have received your contact information. Please wait for a call within 30 minutes. 😌