Three ways to buy Thrivent funds

We’re here to help you invest with confidence.


Thrivent Account

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

Buy 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.


Financial Professional

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

Buy 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.


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.

Buy 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.


This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

 - You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

 - The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.

 - These additional risks may be even greater in bad or uncertain market conditions.

 - The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.

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.

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Traditional IRA vs. Roth IRA: What’s the difference?

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Key points

Two types of IRAs

The primary difference between traditional and Roth IRAs is how and when your money is taxed.

Tax deferred growth

The money contributed to either IRA type can grow tax deferred, allowing for the potential of faster compounding.

When saving for retirement, many people consider individual retirement accounts (IRAs). The two types of IRAs are traditional and Roth—the primary difference between them is how and when your money is taxed.

What is an IRA?

An IRA is a retirement vehicle created by the federal government to encourage individuals to save. The money contributed to them can grow tax deferred. This can be a powerful advantage to you. Because if you don’t pay taxes on this growth while it’s in the IRA, your money may compound faster than it would if it were taxed immediately.

In addition:

  •  A traditional IRA has the potential for you to make tax-deductible contributions to your retirement, and the contributions and earnings are taxable when you make a withdrawal.
  • Roth IRA contributions are not tax-deductible, meaning that you’re contributing money you’ve already paid taxes on. But you are allowed to make “qualified withdrawals” of earnings that are tax- and penalty-free.

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Is an IRA a mutual fund?

The short answer is no. The biggest difference between an IRA and a mutual fund is that an IRA is a type of account that can be funded with an investment like a mutual fund, an annuity, or any number of other investment vehicles.

It usually depends on the institution that you’re opening the IRA with as to what type of investment it can be funded with. For example, a mutual fund company will usually offer mutual funds to invest your IRA in, an insurance company will offer annuities, a bank will offer CDs and a brokerage firm may offer stocks and bonds.

As with any investment decision, deciding which type of vehicle to use to fund your IRA will depend on your objectives, your risk tolerance and your investing timeline. Just keep in mind: The sooner you start your IRA, the longer your assets may grow to help you meet your retirement goals.

Let’s take a look at this handy chart for details on the differences of each type of IRA.

Comparing Traditional IRA & Roth IRA
  Traditional IRA Roth IRA
Who is eligible? Anyone who has earned income.

Anyone who has earned income, but the contribution limit amount is based on  their modified adjusted gross income (MAGI). For single filers, this would include anyone with MAGI under $138,000 for the 2023 tax year and under $146,000 for 2024. Contributions would be reduced on a sliding scale between $138,000 and $153,000 for 2023 and between $146,000 and $161,000 for 2024.

Married couples filing jointly must have MAGI between $218,000 and $228,000 for 2023 and between $230,000 and $240,000 in 2024 to qualify for a Roth IRA, with contributions reduced on a sliding scale.

What is the maximum amount that can be contributed each year? $6,500; $7,500 if over age 50 (for 2023), and $7,000 or $8,000 if 50 or over in 2024. $6,500; $7,500 if over age 50 (for 2023), and $7,000 or $8,000 if 50 or over in 2024.

What are the tax advantages?

You may be able to deduct your contributions from income taxes. And any growth in the account is not taxable until you withdraw it.

Any growth in the account is not taxable until you withdraw it—and may even be tax-free if certain conditions are met.

Is the contribution deductible from taxes?

Yes, unless you or your spouse participate in an employer-sponsored retirement plan and your MAGI exceeds certain dollar amounts (see IRS contributions and deduction limits).


What happens when I make withdrawals?

Withdrawals made before age 59½ may be subject to a 10% federal tax penalty unless certain conditions exist, in addition to ordinary income taxes.

Contributions are withdrawn first without tax or penalty. Withdrawals of earnings are income tax- and penalty-free if the IRA has been held for at least five years and you are at least age 59½, disabled, making a first time home purchase ($10,000) or paid to your beneficiary.

Am I required to take distributions?

Yes, you must begin taking distributions once you turn age 73.

No distributions are required for you, but your beneficiary will be subject to distribution requirements.

Best of both worlds

If it makes sense in your scenario, you could contribute to both types of IRAs to take advantage of the unique benefits each account offers. The annual contribution limit can be split between your IRAs. And if you currently have a traditional IRA and decide a Roth IRA would be a better fit, you could convert your traditional IRA account into a Roth. Keep in mind part or all of the distribution may be subject to income tax.

The good news is you have options. Learn more about Roth IRA conversions.

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.

Your retirement investment journey begins with 3 steps

Take advantage of tax contribution limits and open a Thrivent Mutual Funds IRA today. Choose an account, select mutual funds that match your retirement goals and investing style, and open your account.