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.
1-800-847-4836

M-F, 8 a.m. – 6 p.m. CT
Say “ThriventFunds.com” for faster service.
Contactus@Thriventfunds.com or,
Visit our support page

 

1 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. $50 a month automatic investment does not apply to the Thrivent Money Market Fund or Thrivent Limited Maturity Bond Fund, which have a minimum monthly investment of $100.

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Retirement Accounts

Simplified Employee Pension Plan (SEP) IRA

A Simplified Employee Pension Plan (SEP) IRA is an individual retirement account associated with your employer's SEP plan. Although you set up the SEP IRA account, your employer makes contributions on your behalf. In addition to your employer’s contributions, you can contribute your traditional IRA contribution to your SEP IRA (by mail-in check only and the contribution cannot be pre-taxed salary deferred). For additional information on traditional IRA contributions, see the Traditional IRAs for retirement page. Other than the contributions, SEP IRAs are a lot like a traditional IRA, putting the account owner in charge of their retirement funds. Learn about the features, rules, and limits of a SEP IRA.

SEP IRAs may be a great choice for people who:

  • Have been notified by their employer they are eligible for a SEP plan
  • Are a small business owner who has established a SEP plan 

The Thrivent approach

Though your employer is making the contributions on your behalf, you can control how they are allocated. Whether your goal is accumulation or distribution, 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.

SEP IRA highlights

Contribution limits

  • 2019: Employer can contribute up to 25% of your compensation or $56,000 (whichever is less)
  • 2020: Employer can contribute lesser of 25% of pay or $57,000

Thrivent minimum investment

  • Thrivent Mutual Funds does not have a minimum investment requirement for Employer Sponsored Qualified Plans.

Distributions

  • Required to start taking distributions at age 70½

Withdrawals

  • Penalty-free after age 59½ and subject to federal income tax
  • 10% early distribution penalty may apply before age 59½ unless an exception applies

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.

Additional documents

SEP plan participant information

Your employer is required to provide information to all eligible employees to help you understand your SEP plan. 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)