Tax day is April 15, 2021. Visit the Tax Resource Center to help you prepare.

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.

 

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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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TAX RESOURCE CENTER

Contribution limits & rules for IRA & CESA

Tax-deferred accounts have limits on the amount of money that can be contributed per year. In some cases, the rules get very detailed and take into consideration how you file your taxes, your income, and your work status. Here’s some information about the tax ramifications of how you fund your tax-deferred accounts as well as additional deduction limits and withdrawal rules.

Jump to information on:

For information on IRA deduction limits, visit the IRS website.
Traditional IRA
Contribution overview
Contribution limits
  • 2020: Lesser of $6,000 or 100% of earned income across all your Traditional and Roth IRA accounts
  • 2021: Lesser of $6,000 or 100% of earned income across all your Traditional and Roth IRA accounts
  • No age limit on contributions as long as you have earned income.
Catch-up contributions
  • If you're age 50 or older, you can increase your total IRA contribution to $7,000 for 2020 and 2021.
Contribution deadline
  • Contributions must be made by the tax filing deadline, which is generally April 15 or the first business day after if it falls on a weekend or holiday.
Tax-deductible contributions

Your traditional IRA contributions may be tax-deductible, but there are several factors that may limit and disqualify you from the deduction, depending on whether you or your spouse are covered by a retirement plan at work and/or your income exceeds certain levels. You’re considered covered by an employer retirement plan if you or your spouse have:

  • A contribution plan (profit-sharing, 401(k), stock bonus, or money purchase pension)
  • An IRA-styled plan like a SEP, SARSEP, or SIMPLE IRA
  • A benefit plan (pension that pays a retirement benefit)
Income levels are determined by your Modified Adjusted Gross Income (MAGI), which is your annual adjusted gross income with certain deductions (e.g., student loan and IRA deductions) added back in.  See IRS Publication 590-A Contributions to Individual Retirement Arrangements for more information.
 
Roth IRA
Contribution overview
Contribution limits
Catch-up contributions
  • If you're age 50 or older, you may be able to increase your total IRA contribution to $7,000 for  2020 and 2021, based on MAGI limits.
Contribution deadline
  • Contributions must be made by the tax filing deadline, which is generally April 15 or the first business day after if it falls on a weekend or holiday.
Tax-deductible contributions
  • Contributions for Roth IRA don’t qualify for tax deductions
 
Coverdell Education Savings Account (ESA)
Contribution overview
Contribution limits
  • Limit of $2,000 per year, per student total from all contributors (across any/all educational savings accounts held)
  • Contributions can be made by the student, parents, or any other individual or organization
  • An individual's contributions for a student may have certain limitations based on the contributor's Modified Adjusted Gross Income (MAGI)
  • You do not need earned income to make a contribution
  • See IRS Publication 970 Tax Benefits for Education
Contribution deadline
  • Contributions must be made by the tax filing deadline, which is generally April 15 or the first business day after if it falls on a weekend or holiday.
Deductions
  • ESA contributions aren’t deductible.
Looking for an IRS form or publication? The IRS's Online resources can help. VISIT IRS.GOV