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Annuities > Immediate Annuities > Single Premium Immediate Annuity (SPIA)
Single Premium Immediate Annuity (SPIA)

The Thrivent Financial for Lutherans Single Premium Immediate Annuity (SPIA) is a fixed-interest contract. It can help meet your retirement income needs by providing immediate income for your lifetime—guaranteed!

How it works
You pay a single premium to Thrivent Financial. We invest this money in our general account and guarantee you income payments—either monthly, quarterly, semiannually or annually.

Why you should consider the Thrivent Financial Single Premium Immediate Annuity
Our SPIA may meet your needs if you:

  • Have available assets.
  • Want immediate income through flexible income payment options.
  • Want death benefit protection for your beneficiaries.*
  • Want to have income payments to help meet home living expenses, mortgages, or life, Medicare supplement or long-term care insurance premiums.

Your financial representative with Thrivent Financial for Lutherans can help
Contact your financial representative for more information about the Single Premium Immediate 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.

The Thrivent Financial Single Premium Immediate Annuity provides for immediate, guaranteed minimum income payments, based on Thrivent Financial's claims-paying ability, for the duration of the annuity payment period. This contract has provisions under which the contract is kept in force or terminated or adjusted due to misstatement of age or sex.

All guarantees based on Thrivent Financial's claims-paying ability.
*This feature is not available with all plans. It will depend on the income option you select.

Contract Forms: #4470,  #4474, #TX4470
20456WD N11-02


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Appleton Office:
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Appleton, WI 54919-0001 USA
800-THRIVENT
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Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA
800-THRIVENT
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Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

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This document was last updated on Thursday, November 16, 2006 at 11:25 AM