• Individual Investor
Login
Login
  • Individual Investor

Three ways to invest in Thrivent funds

We’re here to help you invest with confidence.

MUTUAL FUNDS

Thrivent Account

You can purchase mutual funds right on our site with an online account.

Get started

Invest with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

MUTUAL FUNDS & ETFS

Financial Professional

For guidance when investing, ask a financial professional about investing in Thrivent mutual funds & ETFs.

Contact a Thrivent advisor

Invest 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.

MUTUAL FUNDS & ETFS

Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Invest with a brokerage account

  • Add Thrivent Mutual Funds and ETFs to your 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.

  • Take our quiz to determine your personal investment style.
  • Talk to your financial advisor about ETFs.
  • Sign up for our monthly investing insights newsletter.

 

Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.

 

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. Account minimums for other options vary.

Thrivent ETFs may be purchased through your financial professional or brokerage platforms.

Contact your financial professional or brokerage firm to understand minimum investment amounts when purchasing a Thrivent ETF.

Now leaving ThriventFunds.com

 

You're about to visit a site that is neither owned nor operated by Thrivent Mutual Funds.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Continue

RETIREMENT PLANNING

A tax-deferred retirement plan for the self-employed

Key points

Small business SEPs

You can set up a SEP account for yourself and for employees if you have some.

Similar to IRAs

Contributions are a deductible business expense, investments can grow tax-deferred and withdrawals may be taxed at ordinary tax rates.

When self-employed, you may be considering the value of your business being enough to achieve your retirement-savings goals. However, you also have access to retirement plans that may provide you with tax benefits and a second way to help save for retirement.

Simplified employee pension (SEP) individual retirement account (IRA) plans are like other employer retirement plans in that contributions you make as the business owner are considered a deductible business expense. Investments within the plan can grow tax-deferred, and withdrawals in retirement are generally taxed at your ordinary income rate in the year of the withdrawal.

Investing Insights newsletter

Subscribe to receive tips to help navigate your financial journey and ideas for setting and reaching your goals.

Subscribe

Tax-deferred SEP IRA retirement plans:

  • You may contribute up to 25%1 of your compensation2 or $69,000 (whichever is less) for 2024 and $70,000 for 2025.
  • You can contribute to a SEP IRA every year you are self-employed and have earned income, regardless of your age. 
  • You can adjust your contribution percent each year as the situation warrants.
  • You have until your business’ tax filing date plus extensions to set up and fund a SEP.3
  • You must start taking required minimum distributions (RMDs) in the year you turn 73, or 75 if born in 1960 or later.

If you take a distribution before age 59½, you would normally be subject to income taxes and a 10% early distribution penalty. The 10% penalty may not be imposed if the following conditions apply:

  • You are totally and permanently disabled.
  • You (and your spouse) are a first-time home buyer(s), in which case you can use up to $10,000 from your SEP to make a down payment on a home.
  • You are using the distribution (in excess of 7.5% of your adjusted gross income) to cover unreimbursed medical expenses.
  • You use the money to pay health insurance premiums while you’re unemployed.
  • You use the money for qualified higher education expenses.
  • You have a new baby or adopt a child. You may withdraw up to $5,000 from your SEP IRA without a penalty. The withdrawal must be made within one year after the birth or adoption date. Within three years of the distribution, you may repay the value withdrawn to an eligible retirement plan. The payment may be treated as a rollover.
  • For more information, see Exceptions to tax on early distributions. 

Although you would not pay a penalty on money withdrawn after 59½ (or if you qualify for an early distribution exception), you would owe taxes on all distribution at your ordinary income rate for the current tax year.

RELATED ARTICLES

Make the most of required distributions

It’s important at any age to know the exceptions, tax implications and strategies for maximizing your required minimum distributions from certain retirement accounts.

A low-cost retirement plan for small business owners

Learn how simplified employee pension plans help give business owners the opportunity to offer a retirement plan package to help attract employee candidates.

How to set up a SEP IRA for your business

Establishing a SEP for your business starts with maintaining a plan document. The Internal Revenue Service (IRS) provides a prototype document called the 5305-SEP, Simplified Employee Pension plan document. That is a matter that you may choose to handle through your tax advisor or on your own. (For more details, see IRS article: How do I establish a SEP?)

Once your business has established the SEP plan, you will be able to open a SEP IRA with a qualified financial institution to receive your contributions and provide investment choices, such as mutual funds, in which to invest your funds. If you have any employees, they will also need to open a SEP IRA, and provide you where their contributions need to be sent.

A SEP plan can put you on the road to retirement with tax benefits similar to those of corporate retirement plans. You can open a SEP IRA today through Thrivent Mutual Funds and start saving for your retirement.

 


 

The information provided is not intended as a source for tax, legal or accounting advice. Please consult with a legal and/or tax professional for specific information regarding your individual situation.

1 Self Employed owners who file Schedule C are limited to 20% of net earned income

2 For Schedule C filer, it would be net earned income; for Schedule C or Sub S Corporation filer, it would be W-2 income.

3 IRS.gov, Retirement Plans FAQs regarding SEP contributions

Related Insights