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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 monthly investment amount of $50 are offered through the Thrivent Mutual Funds “automatic investment 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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TAX RESOURCE CENTER

Taking required minimum distributions

With your retirement accounts, you will want to make sure you understand the required amount to withdraw from your account as well as the date your withdrawal must be completed by every year to avoid a penalty from the IRS. In the year of your first Required Minimum Distribution (RMD) the year you turn 73 or 75, if born 1960 or later, you have until April 1 of the following year to withdraw it. After the first year you reach age 73 or 75, and for every year after, you must take your RMD by December 31. 

The IRS has online resources that can help. IRS Publication 590-B covers IRA distributions including RMD. Visit IRS.gov.

Affected accounts

Traditional IRA, SEP IRA, SIMPLE IRA, & employer retirement plans

When they start
  • Traditional IRA, SEP IRA, and SIMPLE IRA; you have until April 1 of the following calendar year in which you reach age 73 or 75, if born in 1960 or later.
  • Employer retirement plans: you have until April 1 of the following calendar year in which you reach age 73 or 75 or the year you retire, whichever comes later (If your current employer's plan document contains a delayed retirement provision)1.
Exceptions

Roth IRA withdrawals are not required until after the death of the account owner.

How it’s calculated
  • The amount is determined by the account value of your IRAs at the end of the previous year, divided by your life expectancy factor.
  • If you have multiple Traditional, SEP or Simple IRAs, the RMD must be calculated for each account, but the distribution can be taken from one or more of the IRAs.
Options & strategies
  • Establish a balance between how long you need your money to last and the minimum you are required to withdraw every year. The IRS provides worksheets and lifetime tables that help you to accurately calculate your RMD. You can also set up a recurring distribution plan on your account with Thrivent Mutual Funds that will automatically calculate and distribute your RMD for that account each year.
  • If you are 70½ or older, you can make a qualified charitable donation (QCD) up to $111,000 for tax year 2026 which counts toward meeting the RMD requirement for an IRA. The distribution must be paid from the IRA directly to a charity. The distribution is not taxable, and no charitable deduction can be claimed on the federal tax return. State income tax treatment varies by state.  If you or your spouse has earned income, you can still contribute to a traditional IRA. Tax Deductible IRA contributions made for the year you reach 70½ and later years can reduce your annual QCD allowance.
How it’s taxed

Generally, required minimum distributions are taxed as ordinary income, except for any money that has already been taxed as non-deductible contributions, or that can be received tax-free.

Penalties

Failing to withdraw or making withdrawals that are less than the required minimum distribution is subject to an IRS penalty of 25% of the amount that was not withdrawn. The penalty is reduced from 25% to 10% if the individual corrects the failure within a prescribed “correction window,” which generally expires at the end of the second year after the excise tax should have been paid (or, if earlier, the date the IRS assesses the excise tax or mails a notice of deficiency to the taxpayer regarding the excise tax).

Inherited accounts and RMDs

When you inherit a retirement account, you need to calculate the required minimum distribution for the account inherited. The options vary based on whether you are the sole beneficiary of your spouse's account or someone else's account. In addition to the options below, an owner's surviving spouse and sole beneficiary has the option to transfer an IRA to spouse's IRA and treat it as his/her own. 

For accounts inherited before 2020, please consult your tax advisor for more information. 

Options for taking required minimum distributions include:

 
Inherited assets after December 31, 2019
Traditional, SIMPLE, SEP IRA, and Roth IRA

 

Spouse beneficiary:

1. Treat as own IRA

  • Roll assets into their own IRA
  • RMDs begin based on spouse’s age (Traditional/SEP/SIMPLE only)
  • Roth IRAs have no RMDs during the spouse’s lifetime

2. Inherited IRA (Spouse Beneficiary IRA)

  • RMDs based on spouse’s life expectancy
  • RMDs begin the later of:
    • 12-31 of the year the decedent would have attained age 73 or 
    • 12-31 of the year following death

Non-Spouse beneficiary:

Most non-spouse beneficiaries are subject to the 10-year rule. 

Standard Rule (Most Beneficiaries):

  • Entire account must be fully distributed by December 31st of the 10th year after death 
  • No annual RMDs required, unless the decedent had already begun RMDs 
  • If the decedent had begun RMDs, annual RMDs required in years 1-9, with full depletion by year 10

Eligible Designated Beneficiaries (EDBs)

EDBs are exempt from the 10-year rule and may stretch distributions over life expectancy.

Who qualifies as an EDB:

  • Surviving spouse
  • Minor child of the decedent (until age of majority)
  • Disabled individual 
  • Chronically ill individual 
  • Individual not more than 10 years younger than the decedent 

EDB Distribution Rules:

  • RMDs calculated using life expectancy 
  • Once a minor child reaches majority (10-year rule begins)

Roth IRA (inherited)

Spouse:

  • Distributions based on either a 10-year period (no distributions required in years 1-9) or
  • Life expectancy

Non-Spouse:

  • Subject to 10-year rule 
  • No annual RMDs
  • Account must be fully distributed by end of year 10
  • Distributions are generally tax free if Roth was held 5+ years

 

Consult your tax advisor

Calculating Required Minimum Distributions can be tricky. At Thrivent Mutual Funds, we recommend you consult your tax advisor. Thrivent Mutual Funds and their representatives cannot provide legal or tax advice.

1 5%+ owners of business sponsoring retirement plan must start RMDs by April 1 following the calendar year in which they reach age 73 regardless if there is a delayed retirement provision.

Looking for an IRS form or publication?

The IRS's online resources can help.

Visit IRS.gov