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Thrivent Offers New Retirement Solution to Meet Future Income Needs
December 30, 2016 | Callie Briese, Manager, Communications
Secure Retirement Builder™ can help provide peace-of-mind in retirement income
Thrivent Financial has enhanced its suite of retirement solutions with the new product called the Thrivent Secure Retirement Builder.
This new product is a fixed indexed annuity (FIA) issued with a guaranteed lifetime withdrawal benefit rider and offers those nearing retirement a feeling of confidence that their future income needs can be met.
"The Secure Retirement Builder enhances our already comprehensive product suite for our members," said Wendy McCullough, vice president at Thrivent Financial. "We are pleased to offer yet another solution to help our members be wise with money and live generously."
At its core, Secure Retirement Builder is designed to generate guaranteed lifetime income in retirement.* With one premium payment, members lock in guaranteed income and growth potential.
The amount of income the client will receive is based on the amount of premium used to purchase the contract, any interest credited in the contract and the clients' age when they being taking withdrawals.
The annuity value can only go up when interest is applied and will never go down due to negative market performance, creating a potential for increasing income over time. The accumulated value will only go down if the rider charges are greater than any interest credited.
Whether individuals are looking for a potential boost in savings as they near the point of retirement or looking for confidence in a retirement income source, it may be wise to learn more about fixed indexed annuities with guaranteed benefits.
About Thrivent Financial
Thrivent Financial is a financial services organization that helps Christians be wise with money and live generously. As a membership organization, it offers its more than 2.3 million member-owners a broad range of products, services and guidance from financial representatives nationwide. For more than a century it has helped members make wise money choices that reflect their values while providing them opportunities to demonstrate their generosity where they live, work and worship. You can also find us on Facebook (Link opens in new window) and Twitter (Link opens in new window).
Insurance products issued or offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans, Appleton, Wisconsin. Not all products are available in all states. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents/producers of Thrivent. For additional important information, visit Thrivent.com/disclosures.