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A Roth IRA with Thrivent Mutual Funds is an individual retirement account to which you make contributions with money on which you’ve already paid taxes. With a Roth IRA you have the potential to take tax-free withdrawals of earnings in retirement. Learn about the features, rules, and limits of a Roth IRA.

Roth IRAs Are a Great Choice for People Who:

  • Have earned income
  • Expect to be in a higher tax bracket in retirement
  • Would benefit from federal tax-free distributions of earnings in the future
  • Don’t want to be subject to Required Minimum Distributions
  • Want the flexibility to withdraw contributions at any time 

The Thrivent Approach

Whether your goal is accumulation or distribution, a Roth IRA with Thrivent Mutual Funds offers simple solutions to diversify investments based on your risk tolerance. Choose from all-in-one investments or build your own allocations according to your specific objectives.

Roth IRA Highlights

Contribution Limits

  • 2015 and 2016: $5,500 total per year; $6,500 if you’re age 50 or older
  • No age limit to open or contribute to a Roth IRA
  • Contribution amounts may be reduced or you may be ineligible to make contributions depending on your earned income for the year. See IRS Contributions and Deduction Limits or IRS Publication 590 for further details.
  • Contributions aren’t tax deductible

Thrivent Minimum Investment

  • $1,000 per Thrivent mutual fund without recurring contributions, or
  • $50 monthly recurring contribution for all Thrivent mutual funds except for the Thrivent Money Market Fund or Thrivent Limited Maturity Bond which are $100 per month


  • No required minimum distributions during the owner's lifetime 
  • Beneficiaries must take required minimum distributions


  • Contributions (principal) can be withdrawn tax- and penalty-free at any time. Your earnings may be withdrawn without taxes or penalties if your Roth IRA is at least five years old AND: you are buying or building your first home ($10,000 limit), you reach age 59 ½, you are disabled, or are the beneficiary of the IRA.  
  • Distributions before age 59 ½ may be subject to federal income tax and a 10% early withdrawal penalty unless an exception applies


  • Annual IRA custodial fee is $15 per shareholder (traditional, SEP and Roth IRAs combined). Fee may be waived if you have $50,000 or more invested in Thrivent Mutual Funds or have a recurring purchase plan
  • Annual small account fee of $12 may apply for those accounts not maintaining minimum balance requirements.  See the Prospectus for more information.
  • IRA account closeout fee of $20
  • Other fees may apply for certain services and are redeemed directly from your account. Examples include overnight delivery or wire fees. 

Additional Documents

Traditional IRA to Roth IRA Conversion

If you have assets in a traditional IRA and decide that a Roth IRA is a better fit, you can convert some or all of those assets into a Roth IRA. Federal and possibly state income tax will be due the year of the conversion. A conversion is generally most advantageous if you expect your tax bracket to be higher in the future and if you can pay the taxes on the amount converted with assets from outside your IRA.

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