Thrivent Multi-Year Guarantee Annuity with ROP — 5-year fixed annuity at 4.90%
- Locks in 4.90% for 5 years
- Open with $10,000 to $2,000,000
- Free withdrawals allowed for:
- 10% of your balance each year
Rates as of May 9, 2026
Projected balance
over 5 years
Compounded at 4.90% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $12,250 | $262,250 |
| 2 | $12,850 | $275,100 |
| 3 | $13,480 | $288,580 |
| 4 | $14,140 | $302,721 |
| 5 | $14,833 | $317,554 |
| Total earnings | $67,554 | $317,554 |
Free-withdrawal allowance: 10% / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #132 of 171 (top is 6.35% — Mountain Life Alpine Horizon)
- Top 5-year CD
- 4.20% APY · $307,099 at maturity (taxed annually)
If you withdraw early
Surrender charge schedule
Surrender charges apply to withdrawals beyond the free-withdrawal allowance during the contract term. The charge is a percentage of the amount withdrawn, decreasing each year. They exist because the carrier matches your premium against long-duration assets — early redemption forces them to unwind those positions.
| Contract year | Charge |
|---|---|
| Year 1 | 7.0% |
| Year 2 | 7.0% |
| Year 3 | 7.0% |
| Year 4 | 6.0% |
| Year 5 | 5.0% |
Contract terms
What else to know
Term
5 years guaranteed at 4.90% APY
Investment range
$10,000 – $2,000,000
Rate banding
Higher investment amounts qualify for higher rates.
| Premium band | Rate |
|---|---|
| $10,000 – $50,000 | 4.50% |
| $50,000 – $100,000 | 4.75% |
| $100,000 – $250,000 | 4.85% |
| $250,000 – $2,000,000 | 4.90% |
Funding sources accepted
Traditional IRA, Non-Qualified, 1035 Exchange, IRA Rollover, IRA Transfer
Owner age
18 to 90 years old
Death benefit
Full accumulated value passes to your beneficiary, no surrender charge.
Riders & waivers
- Return of Premium
Maturity
30-day window at the end of the term to withdraw, reinvest, or convert to guaranteed income via annuitization.
Tax treatment
Interest accumulates tax-deferred. Personal post-tax funds: only the interest is taxable on withdrawal. Withdrawals before age 59½ may be subject to a 10% IRS penalty.
Source: Thrivent contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
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