Tax-free transfers
With the Flexible Premium Deferred Variable Annuity, you can transfer a minimum of $200 at a time among subaccounts*. (If the accumulated value in the subaccount is less than $200, then you must transfer the entire accumulated value if you choose to make a transfer.) Up to 12 transfers are permitted per contract year without charge—and then $25 per transfer thereafter. Since your variable annuity is a tax-deferred investment vehicle, you don't pay taxes on any of your transfers. You will, however, pay taxes when you withdraw the money from your contract.
*Transfers from the Fixed Account with a one-year guarantee are limited to the greater of $500 or 25% of the accumulated value, per contract year. Transfers from the MVA Account may be subject to a market value adjustment.
Dollar cost averaging plan
Dollar cost averaging can be an effective way to help reduce your concerns about market volatility. Here's how it works: You invest a set amount at regular intervals, regardless of how the markets are performing. Through regular investing, your premium dollars automatically purchase more units of an investment subaccount when the price is low and fewer when the price is high. Over time, this strategy will likely reduce your average cost per unit, allowing you to take advantage of market ups and downs.
|
How Dollar Cost Averaging Works
|
| Month |
Monthly Investment |
Unit Price |
Units Purchased |
| 1 |
$100 |
$10 |
10.0 |
| 2 |
$100 |
$12 |
8.3 |
| 3 |
$100 |
$8 |
12.5 |
| 4 |
$100 |
$6 |
16.7 |
| 5 |
$100 |
$10 |
10.00 |
| 6 |
$100 |
$12 |
8.3 |
| Average cost of units purchased: $9.12 (600/65.8) |
| Average unit price during 6 month period: $9.67 (58/6) |
Periodic investment plans do not assure a profit, nor do they protect against loss in declining markets. Consider your financial ability to continue investing through periods of low prices. This hypothetical example is no guarantee of future results. Your results may differ from what is illustrated.
Automatic Asset Rebalancing Program
After working through the AssetMatch portfolio allocation program with your financial representative, you'll want to make sure that your asset allocation strategy continues working toward your objectives over time. Sometimes, as the markets fluctuate, the percentage of your investments in a particular asset class can differ from your original portfolio strategy. The Automatic Asset Rebalancing Program helps to bring your portfolio back to its original asset allocation, should your portfolio become too concentrated in one type of investment. Automatic Asset Rebalancing does not include assets allocated to the Return Protection Allocation, the fixed account, or any fixed period allocations (when available). Transfers made through Automatic Asset Rebalancing do not count as any of the 12 free transfers allowed annually.
Your financial representative with Thrivent Financial for Lutherans can help
Contact your financial
representative for more information about the Flexible Premium Deferred
Variable Annuity from Thrivent Financial for Lutherans. He or she can provide
you with costs, complete details of coverage, exclusions, reduction of benefits,
and terms under which the contract may be continued in force or discontinued.
Download a prospectus for the
Thrivent Financial for Lutherans Variable Annuity. The prospectus contains
more complete information on charges and expenses. You
should read the prospectus carefully before you invest or send money.
|