How to buy mutual funds from Thrivent

We’re delighted you’re considering Thrivent Mutual Funds. No matter how you buy, we’re here to help you invest with confidence.

Buy online through Thrivent Funds

You can open an account and purchase funds right on our site.

Why buy online?

  • Set up an account starting with as little as $50 per month1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.


Buy through a financial professional

Need more guidance? Ask your financial professional about Thrivent Mutual Funds.

Why work with a financial professional?

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.

Additional fees may apply, when working with a financial professional.


Buy through an investment account

Our funds can be purchased through other online brokerage platforms. Search for Thrivent Mutual Funds when making your selections.

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds to investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.

Additional fees may apply.


Not quite ready?

We want you to invest your money wisely and with confidence. Here are some other options that may help you.


Need more help?

Call or email us.

M-F, 8 a.m. – 6 p.m. CT
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Visit our support page


New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds "automatic purchase plan." Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

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Simplified Employee Pension Plan (SEP) IRA

A Simplified Employee Pension Plan (SEP) is a retirement plan established by a business owner, typically a small business owner. Once the employer has established the SEP plan, employees are then notified to get their own SEP IRA account setup so the employer can then make contributions on behalf of the employee. SEP IRAs are like a traditional IRA and allow employees to control their retirement funds. Learn about the features, rules, and limits of a SEP IRA.

SEP IRA benefits:

  • Typically, higher annual contribution limits than standard IRAs or 401(k)s.
  • Contributions are immediately 100% vested and grow tax-deferred until withdrawn.
  • Allows employees a wide array of investment options across all major asset classes and risk tolerances.
  • Less administration for a small business owner.
SEP IRA highlights

Contribution limits
  • 2021: Employer can contribute the lesser of 25% of employee's compensation or $58,000
  • 2022: Employer can contribute the lesser of 25% of employee's compensation or $61,000

Thrivent minimum investment
  • Thrivent mutual funds do not have a minimum investment requirement for Employer Sponsored Retirement Plans.

  • Required to start taking distributions at age 72
  • If a distribution is taken prior to age 59 ½, a 10% early distribution penalty may apply unless a distribution meets one of the IRS penalty exceptions, such as disability.

Thrivent Mutual Funds fees
  • 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.
  • Semiannual low balance fee of $10 may apply for those accounts not maintaining minimum balance requirements. See the Prospectus for more information.
  • SEP IRA account closeout fee of $15
  • Other fees may apply for certain services and are redeemed directly from your account. Examples include overnight delivery or wire fees.

SEP plan participant information

Your employer is required to provide information to all eligible employees to help you understand your SEP plan and the contributions your employer will make. You should look for:

  • SEP plan document or IRS Form 5305-SEP (with instructions)
  • A statement showing contributions made for the year (by Jan 31 of the year following the contribution or 30 days after the contribution is made, whichever is later)
  • A copy of any plan amendments and their effect (within 30 days of the effective date)

Additional documents