The chart below compares a tax-deferred annuity versus a taxable investment. For this hypothetical illustration, rates of 4 percent, 6 percent and 8 percent were chosen. These rates do not represent the performance of any specific product sold by Thrivent Financial for Lutherans or its affiliates.

Assumptions:
Tax-deferred annuity: Annual after-tax contribution of $2,000 made at the beginning of each year for 25 years at the given effective annual interest rate. Tax-deferred annuity (after taxes): Amount available on a lump-sum distribution after interest earnings were taxed, assuming a 25-percent tax rate. Taxable investment: Annual after-tax contribution of $2,000 made at the beginning of each year for 25 years, with interest earnings taxed annually at the 25-percent tax rate. The taxable portion of each annutiy distribution is subject to income taxation. If a taxpayer is younger than 59 1/2 at time of distribution, a 10-percent federal tax penalty could apply to the taxable portion of the distribution unless a penalty-tax exception applies. Surrender charges may apply upon withdrawal.

This hypothetical example is not intended to represent past or future performance of any product offered by Thrivent Financial for Lutherans or any of its affiliates. Applicable surrender charges have been included in the calculation above.

Part of your retirement plan
A fixed annuity can be a great supplement to an existing retirement plan, when established as a:

• Traditional IRA.
• Roth IRA.
• Tax-sheltered annuity (TSA).
• Simplified Employee Pension (SEP).
• Savings Incentive Match Plan for Employees (SIMPLE).

You should know that annuities placed into these types of plans do not have any additional tax deferral beyond those offered by the plans themselves. However, other features, such as the guaranteed interest rates, make annuities a popular investment choice in retirement plans.

Your Thrivent Financial representative can help
Contact your financial representative for more information about a Flexible Premium Deferred Annuity or Single Premium Deferred 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.

Contract Forms: A-AF-FPDA (04), A-AS-SPDA (04), A-CF-FPDAC (04),A-AS-SPDAN TX (04), A-AS-SPDAB TX (04), A-AS-SPDAN WA (04), A-AS-SPDAB WA (04)

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