Skip to main content

Looking to Learn More? Sign up for our Investing Insights newsletter. Subscribe

Thanks for Signing Up!

Be sure to check your inbox for the Investing Insights newsletter to get the latest news and insights from Thrivent Mutual Funds.

Well that's unexpected - your subscription request was not submitted. Please try again.

Great news - you're on the list!

Looks like you're already on our mailing list. Be sure to check your inbox for the Investing Insights newsletter to get the latest news and insights from Thrivent Mutual Funds.

Retirement means something different to all of us. The one thing we all have in common, however, is wanting to ensure we’ve saved enough to live comfortably. Thrivent Mutual Funds offers Traditional IRAs, which are potentially tax-deductible ways to contribute to your retirement savings. Learn about the features, rules, and limits of Traditional IRAs here.

Traditional IRAs Are a Great Choice for People Who:

  • Have earned income
  • Want to defer taxes until retirement
  • Expect to be in a lower tax bracket in retirement
  • Would benefit from a potential immediate federal income tax deduction
  • Don’t think they’ll need to take any money out of the account until retirement (after age 59½)  

The Thrivent Approach

Whether your goal is accumulation or distribution, Traditional IRAs with Thrivent Mutual Funds offer sophisticated yet 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.

Traditional IRA Highlights

Contribution Limits

  • 2015 and 2016: $5,500 total per year; $6,500 if you’re age 50 or older
  • No contributions allowed beginning the year you reach age 70½



  • Deductibility of your contributions is subject to Modified Adjusted Gross Income (MAGI) limits and you or your spouse’s status as an active participant in an employer retirement plan
  • See IRS Contributions and Deduction Limits or IRS Publication 590 for further details

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


  • Must begin taking distributions from your traditional IRA in the year you turn age 70½


  • Penalty-free after age 59½ and taxed as current income
  • 10% penalty may apply before age 59½ unless there is an exception


  • 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

Ready to Start?

Other Thrivent Mutual Funds IRAs