Thrivent Multi-Year Guarantee Annuity with ROP — 9-year fixed annuity at 5.05%
- Locks in 5.05% for 9 years
- Open with $10,000 to $2,000,000
- Free withdrawals allowed for:
- 10% of your balance each year
Rates as of May 8, 2026
Projected balance
over 9 years
Compounded at 5.05% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $12,625 | $262,625 |
| 2 | $13,263 | $275,888 |
| 3 | $13,932 | $289,820 |
| 4 | $14,636 | $304,456 |
| 5 | $15,375 | $319,831 |
| 6 | $16,151 | $335,982 |
| 7 | $16,967 | $352,949 |
| 8 | $17,824 | $370,773 |
| 9 | $18,724 | $389,497 |
| Total earnings | $139,497 | $389,497 |
Free-withdrawal allowance: 10% / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #24 of 27 (top is 5.50% — Capitol Life Heritage Elite)
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 The charge is a percentage of the amount withdrawn, decreasing each year.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% |
| Year 6 | 4.0% |
| Year 7 | 3.0% |
| Year 8 | 2.0% |
| Year 9 | 1.0% |
Contract terms
What else to know
Term
9 years guaranteed at 5.05% APY
Investment range
$10,000 – $2,000,000
Rate banding
Higher investment amounts qualify for higher rates.
| Premium band | Rate |
|---|---|
| $10,000 – $50,000 | 4.65% |
| $50,000 – $100,000 | 4.90% |
| $100,000 – $250,000 | 5.00% |
| $250,000 – $2,000,000 | 5.05% |
Funding sources accepted
Traditional IRA, Non-Qualified, 1035 Exchange, IRA Rollover, IRA Transfer
Owner age
18 to 86 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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