What is most important to you?

Before we begin, consider these investing priorities and how they apply to your unique situation.

Grow my money
Take income
Leave it to others
  • Leaving money to your children or grandchildren
  • Giving to organizations and causes that matter to you
  • Choosing funds for your investment portfolio
  • Balancing investments in taxable, tax-deferred and tax-free accounts
  • Creating income to cover my expenses in retirement
  • Keeping a "rainy day" fund for unexpected expenses
Use the RAVA INTERACTIVE® tool to customize a variable annuity to help meet your goals.
Let's get started

111540 H

(5/17)

Variable annuities:
Are not FDIC insured
May lose value
Are not bank guaranteed
Are not insured by any federal government agency

Ameriprise Financial Confident Retirement ® approach

Careful planning and leaving as little as possible to chance can help you to achieve a more confident retirement.

Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. The Confident Retirement approach is not a guarantee of future financial results. © 2013-2017 Ameriprise Financial, Inc. All rights reserved.

Costs of emotional investing

Do the markets test your confidence? Select the emotion that describes your feelings about investing:

Designing an asset allocation strategy to meet your unique needs does not guarantee a profit or eliminate the risk of investment losses.
For more information on RAVA 5® variable annuity investment options, select Discover RAVA 5® from the menu.

Costs of emotional investing

Market versus investor returns. How does the average investor fare over time compared to the markets?

Market returns
Your answer

Investor returns
10%
0%
9.2%
5.0%
5.7%
0.71%
2.4%
S&P 500®
Index
Average
Stock Fund
Investor
Barclays
Aggregate Bond
Index
Average
Bond Fund
Investor
Inflation

Many investors "jump out" of the market when it's down or wait for a rising market to get back in.

The result? Over the past 20 years, both stock and bond investors significantly trailed their respective index returns. A diversified strategy, such as asset allocation funds, can help you stay invested — regardless of markets.

Designing an asset allocation strategy to meet your unique needs does not guarantee a profit or eliminate the risk of investment losses.
For more information on RAVA 5® variable annuity investment options, select Discover RAVA 5® from the menu.

What is the best investment?

The importance of diversification. Exploring the most common question in investing.

The investing world is made up of a wide variety of asset classes with different risks and return potential. See which investments led the pack — and which ones lagged — by exploring the chart.

Explore the chart
Designing an asset allocation strategy to meet your unique needs does not guarantee a profit or eliminate the risk of investment losses.

The importance of diversification

The yearly ups and downs of individual asset classes are hard to predict.

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Emerging
Markets
39.4%
Fixed
Income
5.2%
Emerging
Markets
78.5%
Real
Estate
28.0%
Real
Estate
8.3%
Emerging
Markets
18.2%
Small
Cap
38.8%
Real
Estate
30.1%
Real
Estate
3.2%
Small
Cap
21.3%
Comdty
16.2%
Int'l Bonds
4.8%
Int'l Equity
31.8%
Small
Cap
26.9%
Fixed
Income
7.8%
Real
Estate
18.1%
Large
Cap
32.4%
Large
Cap
13.7%
Large
Cap
1.4%
Large
Cap
12.0%
Int'l Equity
11.2%
Blended
Portfolio
-28.9%
Real
Estate
28.0%
Emerging
Markets
18.9%
Int'l Bonds
5.6%
Int'l Equity
17.3%
Int'l Equity
22.8%
Fixed
Income
6.0%
Fixed
Income
0.5%
Comdty
11.8%
Int'l Bonds
9.5%
Small
Cap
-33.8%
Blended
Portfolio
28.0%
Comdty
16.8%
Large
Cap
2.1%
Small
Cap
16.3%
Blended
Portfolio
10.0%
Small
Cap
4.9%
Int'l Equity
-0.8%
Emerging
Markets
11.2%
Blended
Portfolio
8.9%
Comdty
-35.6%
Small
Cap
27.2%
Blended
Portfolio
15.7%
Blended
Portfolio
-3.0%
Large
Cap
16.0%
Real
Estate
2.5%
Blended
Portfolio
3.9%
Int'l
Bonds
-3.2%
Blended
Portfolio
8.8%
Fixed
Income
7.0%
Large
Cap
-37.0%
Large
Cap
26.5%
Large
Cap
15.1%
Small
Cap
-4.2%
Blended
Portfolio
11.7%
Fixed
Income
-2.0%
Int'l Bonds
0.6%
Small
Cap
-4.4%
Real
Estate
8.5%
Large
Cap
5.5%
Real
Estate
-37.7%
Comdty
18.9%
Int'l Equity
7.8%
Int'l Equity
-12.1%
Int'l Bonds
4.3%
Emerging
Markets
-2.6%
Emerging
Markets
-2.2%
Blended
Portfolio
-5.7%
Fixed
Income
2.6%
Small
Cap
-1.6%
Int'l Equity
-43.4%
Int'l Bonds
6.9%
Fixed
Income
6.5%
Comdty
-13.3%
Fixed
Income
4.2%
Int'l Bonds
-2.6%
Int'l Equity
-4.9%
Emerging
Markets
-14.9%
Int'l Bonds
2.1%
Real
Estate
-15.7%
Emerging
Markets
-53.3%
Fixed
Income
5.9%
Int'l Bonds
5.5%
Emerging
Markets
-18.4%
Comdty
-1.1%
Comdty
-9.5%
Comdty
-17.0%
Comdty
-24.7%
Int'l Equity
1.0%

Past performance is not indicative of future results.

Large Cap
Return in a given year:
Best (2013)
32.4%
Worst (2008)
-37.0%
2007-2016 Average annual:
Return
6.9%
Risk
Standard Deviation
15.3%
Small Cap
Return in a given year:
Best (2013)
38.8%
Worst (2008)
-33.8%
2007-2016 Average annual:
Return
7.1%
Risk
Standard Deviation
20.1%
International Equity
Return in a given year:
Best (2009)
31.8%
Worst (2008)
-43.4%
2007-2016 Average annual:
Return
0.7%
Risk
Standard Deviation
18.6%
Fixed Income
Return in a given year:
Best (2011)
7.8%
Worst (2013)
-2.0%
2007-2016 Average annual:
Return
4.3%
Risk
Standard Deviation
3.3%
Real Estate
Return in a given year:
Best (2014)
30.1%
Worst (2008)
-37.7%
2007-2016 Average annual:
Return
5.1%
Risk
Standard Deviation
25.6%
Emerging Market Equities
Return in a given year:
Best (2009)
78.5%
Worst (2008)
-53.3%
2007-2016 Average annual:
Return
1.8%
Risk
Standard Deviation
23.4%
International Bonds
Return in a given year:
Best (2007)
9.5%
Worst (2015)
-3.2%
2007-2016 Average annual:
Return
3.3%
Risk
Standard Deviation
5.9%
Commodities
Return in a given year:
Best (2009)
18.9%
Worst (2008)
-35.6%
2007-2016 Average annual:
Return
-5.6%
Risk
Standard Deviation
18.0%
Blended Portfolio
Return in a given year:
Best (2009)
28.0%
Worst (2008)
-28.9%
2007-2016 Average annual:
Return
3.9%
Risk
Standard Deviation
13.1%

What is the best investment?

The importance of diversification. Exploring the most common question in investing.

Market leaders can change dramatically from year to year, making it difficult to predict the next big winner — or loser.

Rather than searching for the best single investment, build the investment strategy that’s best for you. Diversifying can help you prepare for market fluctuations — and may help reduce the overall volatility of your portfolio.

For more information on RAVA 5® variable annuity investment options, select Discover RAVA 5® from the menu.

"Safe" investments and real returns

Understanding the impact of taxes and inflation.

View 12-month CD results
View money market fund results
If you want to maintain your purchasing power in the future, your investment strategy should take into account the impact of inflation and taxes. They can create a drag on nearly all investment returns.

Select a tab above to learn more.
Historical Annualized Net Returns
12-month Certificates of Deposit (CDs)
Return
Return after tax
Return after tax and inflation
3%
0
-3%
2.34%
1.69%
-0.50%
1.18%
0.85%
-1.32%
0.23%
0.17%
-1.99%
20 years
10 years
5 years
Certificates of Deposit (CDs) are bank-issued instruments that generally provide a guaranteed rate of interest and principal protection from the Federal Deposit Insurance Corporation (FDIC).
Historical Annualized Net Returns
Money Market Fund Returns
Return
Return after tax
Return after tax and inflation
3%
0
-3%
1.79%
1.29%
-0.89%
0.50%
0.36%
-1.80%
0.04%
0.03%
-2.12%
20 years
10 years
5 years
Morningstar Direct, annualized average 7-day yields of money market funds.
Money market funds generally are composed of a variety of short-term debt securities designed to protect principal and liquidity with a secondary goal of providing investment income (yield).

Market performance and retirement income

How would market performance in retirement impact your income?

Living off your interest?

Low rates undermine a once-common strategy.

Understanding tax strategies

Gain more control over taxes by placing money in a variety of assets.

Taxation is just one consideration when making investment decisions. Neither Ameriprise Financial nor its affiliates may provide tax or legal advice. Consult with your tax adviser or attorney regarding specific tax issues.

Understanding tax efficiency

Discover how a portfolio’s tax efficiency is generally impacted by tax cost ratios.

Equity
Fixed Income
Nonqualified mutual fund portfolio
More tax efficient
Less tax efficient

The tax deferral calculator

Discover how tax deferral can keep more of your money working for you.

This easy-to-use calculator can help you compare tax-deferred and taxable investments.

Use the calculator

What is a variable annuity?

What is a variable annuity?

Grow your money
Leave it to others
Take income

Discover RAVA 5 ® variable annuities

Ready to learn more?

Two key investment categories can help put you in control.

With RAVA 5® variable annuities, you’ll have more than 90 investment options from recognized and respected fund managers, providing you with access to a well-diversified set of funds and asset allocation portfolios.

A variety of fund families encompassing a wide spectrum of investment types and strategies:

  • Equity funds
  • Fixed Income funds
  • Alternative and Specialty funds

A selection of “mixed–asset” portfolios designed to provide growth while using different strategies to address market risk and volatility:

  • Risk-Managed
  • Tactical
  • Traditional

Adjust your strategy without triggering taxes. Over time, your investment needs may change. You can reallocate or transfer your money among the investment options as needed, with no transaction fees and no capital gains taxes.

With dozens of individual fund options covering every major asset class, the RiverSource® variable annuity fund lineup includes traditional equity and fixed income funds, as well as sector and alternative investments.

Equities — Funds investing in U.S. and international stocks, including large-cap, mid-cap, small-cap, and styles including value, blend and growth that seek to provide growth within your portfolio.

Fixed Income — A wide selection of both domestic and international bond funds that can help provide stability and consistency to your portfolio while offering opportunities for dividends.

Alternatives and Speciality — Funds that seek to improve portfolio diversification and can help reduce downside risk in challenging market environments.

Asset allocation portfolios are broadly diversified across asset classes, market sectors and holdings to help you meet your investing goals.

Your advisor can help you select the fund, or combination of funds, that works best for you. Asset allocation does not assure a profit or protect against loss.

Traditional — These portfolios primarily use a strategic focus of investing. Managers review and select investments for portfolios based on a longer-term view of the markets.

Tactical — Fund managers have flexibility to make changes within these portfolios based on shorter-term views within sectors of the markets.

Risk Managed — These portfolios are managed to a specific level of risk or volatility in the markets. Managers use a dynamic strategy to make changes, as often as daily, to a portfolio’s allocation.

Discover RAVA 5 ® variable annuities

Two key investment categories can help put you in control.

With RAVA 5® variable annuities, you’ll have more than 90 investment options from recognized and respected fund managers, providing you with access to a well-diversified set of funds and asset allocation portfolios.

A variety of fund families encompassing a wide spectrum of investment types and strategies:

  • Equity funds
  • Fixed Income funds
  • Alternative and Specialty funds

A selection of “mixed–asset” portfolios designed to provide growth while using different strategies to address market risk and volatility:

  • Risk-Managed
  • Tactical
  • Traditional

Adjust your strategy without triggering taxes. Over time, your investment needs may change. You can reallocate or transfer your money among the investment options as needed, with no transaction fees and no capital gains taxes.

With dozens of individual fund options covering every major asset class, the RiverSource® variable annuity fund lineup includes traditional equity and fixed income funds, as well as sector and alternative investments.

Equities — Funds investing in U.S. and international stocks, including large-cap, mid-cap, small-cap, and styles including value, blend and growth that seek to provide growth within your portfolio.

Fixed Income — A wide selection of both domestic and international bond funds that can help provide stability and consistency to your portfolio while offering opportunities for dividends.

Alternatives and Speciality — Funds that seek to improve portfolio diversification and can help reduce downside risk in challenging market environments.

Asset allocation portfolios are broadly diversified across asset classes, market sectors and holdings to help you meet your investing goals.

Your advisor can help you select the fund, or combination of funds, that works best for you. Asset allocation does not assure a profit or protect against loss.

Traditional — These portfolios primarily use a strategic focus of investing. Managers review and select investments for portfolios based on a longer-term view of the markets.

Tactical — Fund managers have flexibility to make changes within these portfolios based on shorter-term views within sectors of the markets.

Risk Managed — These portfolios are managed to a specific level of risk or volatility in the markets. Managers use a dynamic strategy to make changes, as often as daily, to a portfolio’s allocation.

Options to grow your money

Smart investing strategies available with your RAVA 5 ® variable annuity.

Automatic Asset Rebalancing
Core-Satellite Approach
Dollar-Cost Averaging
Guaranteed Rate Accounts
Accumulation Protector Benefit ®

Keep your portfolio on track

As portions of your portfolio grow or shrink with the changing markets, automatic rebalancing can help you stay true to your original investment allocation. This strategy automatically reallocates the funds within your annuity back to your selected allocation. Over time, this can help you take advantage of market cycles to add growth potential to your portfolio — without transaction fees or capital gains taxes.

Asset rebalancing does not assure profit or protect against a loss.

Core-Satellite Approach

A RiverSource ® variable annuity gives you the flexibility to select a "primary" asset allocation portfolio as your core holding, using additional individual funds to further diversify your annuity investment.

Take advantage of market ups and downs

By using a "dollar-cost averaging" strategy, you can invest a lump sum and then choose fixed dollar amounts to automatically transfer to one or more other funds you choose.  Because you are investing at different price points, dollar-cost averaging lets you take advantage of lower prices during dips in the market, which may lessen the risk of investing a large amount in a single investment at the wrong time.

While this approach does not assure profit or protect against loss, it does allow you to use fluctuations in the market to your benefit.

Add guarantees and stability

Fixed rate accounts

Offer you a guaranteed fixed rate of return to help guard a portion of your portfolio from market volatility. You’ll know that there's a portion of your investment earning interest regardless of market conditions. The fixed rate account is not available for RAVA 5 Access ®.

Guarantee Period Accounts (GPA)

Let you choose a guaranteed rate period from one to 10 years to provide stable growth no matter what is happening in the markets. If you withdraw funds from your GPA before the end of the term, a market value adjustment is applied that may result in a gain or loss of principal (future rates cannot be predicted or guaranteed). GPAs have a $1000 minimum and are not available in all states.

Protect your principal

Accumulation Protector Benefit ® (APB ®)

APB provides the opportunity to protect your principal and lock-in market gains. It is an optional living benefit for your variable annuity* available for an additional fee. With APB, 90% of your annuity's highest anniversary value is locked in during a 10-year waiting period, regardless of market performance. If, at the end of the waiting period, your annuity's investment value is lower than the locked-in APB value, it will be increased to the locked-in amount. With APB, you are able to participate in the market for growth potential, with the comfort of knowing that your investment is protected.

* APB is not available with RAVA 5 Access.

Designing an asset allocation strategy to meet your unique needs does not guarantee a profit or eliminate the risk of investment loses.
The fixed rate account and GPAs may not be available on RAVA 5 annuities that include living benefit riders.

Options to take income

Flexible income options to meet your unique needs.

Withdraw money as needed
Income GuideSM program
SecureSource® benefits
Annuitization

Income when you need it

Withdraw money from your annuity as you need it, or set up automatic withdrawals at intervals and amounts you choose. Start, stop or change the withdrawals as your needs change.

Don't leave your success to chance

Investors want to feel confident that their income will last in retirement, and that they are making the most of it along the way.

Adapting your income as your investment values change can help you create income that's more sustainable — while taking advantage of good markets along the way.

But how do you know when to adjust your income, and by how much?

With Income Guide SM you can replace 'rules of thumb' with information that's customized based on your annuity's contract value and your age, so you can keep your lifestyle income on track throughout retirement.

Enjoy a lifetime or protected retirement income

These optional benefits (available for an additional fee) provide opportunities for guaranteed income, growth of future income, and protection for your beneficiaries.

Explore the web-based presentation explaining the features and benefits of the SecureSource 4® and SecureSource 4 Plus® benefits (or, in New York, the SecureSource 4 NY® and SecureSource 4 Plus NY® benefits) by selecting the link below.

SecureSource INTERACTIVE®

The SecureSource benefits are not available with RAVA 5 Access.

Create a guaranteed income stream

Income options that never run out
Convert all or a portion of your annuity's contract value into a stream of guaranteed income. You can choose to receive guaranteed income for a specific time period (such as 10, 15 or 20 years) or even for as long as you live.

Protection for your spouse
You can set up your annuity so that should you die, the monthly payments will continue to your surviving spouse or beneficiaries.

Continued tax advantages
You'll continue to receive tax advantages from a nonqualified annuity even after you annuitize. When you withdraw from your annuity, you typically take earnings first, which you must pay taxes on. When you annuitize, a portion of each nonqualified annuity payment is considered return of principal until the remaining investment in the contract has been returned. So you spread out your tax burden over time.

Withdrawals that do not qualify for a waiver may be subject to a surrender charge. Withdrawals are generally subject to income taxes and withdrawals made before age 59 1/2 may partially or fully incur an IRS 10% early withdrawal penalty.

Options to leave money to others

Add protection for those you care about most.

Return of Purchase Payments (ROPP)
MAV or MAV5
Enhanced Legacy ® benefit
Benefit Protector ®
Benefit Protector ® with MAV or MAV5

Protect your principal

Do you want your beneficiaries to get back at least what you invested—regardless of market performance?

Click to view.

Return of Purchase Payments is the standard annuity death benefit from RiverSource.

ROPP guarantees your beneficiaries receive the greater of your contract value or your principal (adjusted for withdrawals).

It's available at no additional fee if you are age 79 or younger when you purchase your annuity. (Available for an additional fee if you are age 80 or older.)

Protect your gains

Do you want the opportunity to have your death benefit capture highs in your investment?

Maximum Anniversary Value (MAV) and Maximum Five Year Anniversary Value (MAV5) death benefits, available for an additional fee, allow you to "lock in" contract anniversary gains to your death benefit.

Click to view.

MAV — Locks in contract anniversary gains each year through age 80. Available through age 79.

Click to view.

MAV5 — Locks in contract anniversary gains every five years through age 80. Available through age 75.

With MAV or MAV5 your beneficiaries are guaranteed to receive the highest locked-in value, or your contract value at the time of your death, whichever is greater (adjusted for withdrawals).

Enhance what you've protected

Do you want the opportunity to use market growth to help offset final expenses and taxes your beneficiaries will incur?

Benefit Protector (BP) can help you maximize the legacy you leave behind.

This optional benefit (available for an additional fee) guarantees your beneficiaries receive up to an additional 40% of any contract gains (adjusted for withdrawals).

(15% of contract gains if you are age 70 or older when you purchase the contract and provides no benefit before the first contract anniversary.)

Available through age 75. BP is not available in NY, NJ or WA.

Click to view.

Combine benefits

Do you want to combine benefits to enhance your death benefit guarantee?

Benefit Protector (BP) can work together with the Maximum Anniversary Value (MAV) or Maximum Five Year Anniversary Value (MAV5) to help you maximize the legacy you leave behind.

Combining these two optional benefits (available for an additional fee) gives you the opportunity to lock in gains and increase the amount paid to your beneficiaries by 40% of your earnings (adjusted for withdrawals).

If the owner is age 70 or older when the annuity is issued, the BP benefit is 15% of earnings (it provides no benefit before the first contract anniversary). BP is available through age 75. BP is not available in NY, NJ or WA.

Click to view MAV with BP.
MAV5 would have different results since it locks in any anniversary gains every five years.

Grow your legacy

Do you want your benefit to have guaranteed growth in a down market and the ability to lock-in anniversary gains in an up market?

With Enhanced Legacy ® benefit (ELB) your beneficiaries are guaranteed the higher of two values:

5% compounded growth on the contract anniversary through age 80

or

The highest value on any contract anniversary through age 85

ELB benefits are adjusted proportionately for any withdrawals.

Not available in New York. Features vary in some states. Click here for more details.

Click to view Enhanced Legacy ® Benefit

Choosing the RAVA 5 ® variable annuity that’s right for you

Select a product to learn more.

RAVA 5 Advantage ®
RAVA 5 Select ®
RAVA 5 Access ®

Our lowest fee option and the longest surrender charge schedules

Issue ages and minimums
  • $1,000 minimum purchase (tax-qualified)
  • $2,000 minimum purchase (nonqualified)
  • $25 minimum initial purchase for group billing arrangements
  • $50 minimum additional purchase payments ($25 if payment is from group billing)
  • Maximum issue age is 90 (if more than one owner, age of the oldest owner is used)
Fees and expenses
Surrender charge schedule Mortality & Expense (M&E) charge
through year 10 years 11+
7-year 1.10% 0.95%
10-year 0.95% 0.95%

Subaccount management fees — vary by fund and do not apply to Guarantee Period Accounts (GPAs), the Regular Fixed Account or the Special Dollar-Cost Averaging (SDCA) Fixed Account, where available.

Contract administrative charge — $30 deducted from contract value on contract anniversary; waived on contract values of $50,000 or more (not waived on full surrender). We reserve the right to change the annual contract administrative charge after the first contract anniversary up to a maximum of $50. We also reserve the right to charge up to $20 after the first contract anniversary on contracts $50,000 or greater.

Surrender charges

You can select a 7-year or 10-year surrender charge schedule. A new surrender charge schedule applies to each purchase payment received, according to the schedule you choose. The surrender charge is based on purchase payments, not your contract value.

Number of completed years 0 1 2 3 4 5 6 7 8 9 10+
7-year surrender charge schedule 7% 7% 7% 6% 5% 4% 2% 0% 0% 0% 0%
10-year surrender charge schedule 8% 8% 8% 7% 6% 5% 4% 3% 2% 1% 0%

Access to your money

  • Each year you have access to your cumulative earnings or up to 10% of your prior year contract anniversary value, whichever is greater, without surrender charges.
  • No surrender charges apply if you become terminally ill or are confined to a hospital or nursing home, provided contract requirements are met.

Our mid-range surrender charge schedule offering the lowest fee in its class*

Issue ages and minimums
  • $2,000 minimum purchase (tax-qualified)
  • $10,000 minimum purchase (nonqualified)
  • $25 minimum initial purchase for group billing arrangements
  • $50 minimum additional purchase payments. Additional purchase payments will not be allowed after 5 years (except annual qualified plan contributions). If there is a group bill set up, the minimum is $25 for any frequency.
  • Maximum issue age is 90 (if more than one owner, age of the oldest owner is used)
Fees and expenses
Mortality & Expense (M&E) charge
through year 10
1.35%
years 11+
0.95%

Subaccount management fees — vary by fund and do not apply to Guarantee Period Accounts (GPAs), the Regular Fixed Account or the Special Dollar-Cost Averaging (SDCA) Fixed Account, where available.

Contract administrative charge — $30 deducted from contract value on contract anniversary; waived on contract values of $50,000 or more (not waived on full surrender). We reserve the right to change the annual contract administrative charge after the first contract anniversary up to a maximum of $50. We also reserve the right to charge up to $20 after the first contract anniversary on contracts $50,000 or greater.

Surrender charges

The surrender charge period begins when your contract is issued and ends on your fourth contract anniversary. Surrender charges are based on your total purchase payments, not your contract value.

Number of completed years 0 1 2 3 4+
4-year surrender charge schedule 7% 6% 5% 4% 0%

Access to your money

  • Each year you have access to your cumulative earnings or up to 10% of your prior year contract anniversary value, whichever is greater, without surrender charges.
  • No surrender charges apply if you become terminally ill or are confined to a hospital or nursing home, provided contract requirements are met.
* The M&E fee for RAVA 5 Select® is 1.35% through year 10 and 0.95% thereafter. Out of 25 comparable annuities, none offer fees lower than 1.35%. The average M&E fee for these 25 competitors is 1.68%. Source: RiverSource product research, using the Morningstar – Annuity Research Center. Analysis includes: comparable variable annuities with 4-year surrender charge schedules, and positive 2014 sales data as reported to Morningstar. Analysis excludes: closed and group annuities, annuities with a premium-based fee, and annuities sold only in New York. Research compared Mortality, Expense, Administrative and Distribution fees. Morningstar, Inc. is not affiliated with nor does it endorse or otherwise provide a testimonial for the products of RiverSource Life Insurance Company or RiverSource Life Insurance Co. of New York.

Our highest fee option in return for no surrender charges

Issue ages and minimums
  • $2,000 minimum purchase (tax-qualified)
  • $10,000 minimum purchase (nonqualified)
  • $25 minimum initial purchase for group billing arrangements
  • $50 minimum additional purchase payments. Additional purchase payments will not be allowed after 5 years (except annual qualified plan contributions). If there is a group bill set up, the minimum is $25 for any frequency.
  • Maximum issue age is 90 (if more than one owner, age of the oldest owner is used)
Fees and expenses
Mortality & Expense (M&E) charge
through year 10
1.50%
years 11+
0.95%

Subaccount management fees — vary by fund and do not apply to Guarantee Period Accounts (GPAs) and the Special Dollar-Cost Averaging (SDCA) Fixed Account, where available.

Contract administrative charge — $30 deducted from contract value on contract anniversary; waived on contract values of $50,000 or more (not waived on full surrender). We reserve the right to change the annual contract administrative charge after the first contract anniversary up to a maximum of $50. We also reserve the right to charge up to $20 after the first contract anniversary on contracts $50,000 or greater.

Surrender charges

No surrender charges apply for RAVA 5 Access ®

Build your RAVA 5 ® variable annuity

Use this tool to see how a RAVA 5 ® variable annuity can be customized to help you meet your financial goals. This is not an application to purchase an annuity. If you decide to invest in a RAVA 5 ® variable annuity, your advisor can help you get started.

Build your RAVA 5 ® variable annuity

Important!

This tool does not store input information. When you exit the tool, all input fields are cleared. Once you have completed the input steps, you will have the opportunity to view and print your customized RAVA 5 variable annuity report, or save it as a PDF file.

Build your RAVA 5 ® variable annuity

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Build your RAVA 5 ® variable annuity

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Financial Advisors:

You must generally comply with the “Rule of 3” when suggesting potential investment alternatives in connection with a qualified plan or IRA. This means that you must discuss at least 3 options within an asset class and allow your client to choose the particular option. If you are helping your client allocate between funds, you should use an approved resource.

For more information, refer to Compliance Manual sec. 9.1.1. "Assets in Qualified Plans and IRAs – Recommendations."

Build your RAVA 5 ® variable annuity

The focus for this investment.

Annuities in tax-qualified plans: When you use an annuity to fund a retirement plan that is already tax deferred, your annuity generally will not provide any necessary or additional tax deferral benefit. But annuities do have features other than tax deferral that may help you reach your retirement goals. You should consult your tax adviser prior to making a purchase for an explanation of the tax implications.

Build your RAVA 5 ® variable annuity

The focus for this investment.

Select any additional benefits that are important to you:

* Provided contract requirements are met. The nursing home and hospitalization waiver is available if the owner was under age 76 at contract issue.

Build your RAVA 5 ® variable annuity

Select a product.

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Select a RAVA 5 ® variable annuity to continue

Lower fees/Less liquidity
Higher fees/More liquidity
Initial Investment:  $
Must be at least minimum investment amount.
Amounts over $1,000,000 are subject to pre-approval.

Build your RAVA 5 ® variable annuity

Add an optional death benefit.

A RiverSource® RAVA 5 variable annuity includes a Return of Purchase Payments (ROPP) death benefit. For an additional fee, you can potentially enhance the amount you leave behind by selecting from the optional death benefits below.

Add an optional death benefit:

Additional death benefit option:

NOTE: Benefit Protector can also be used together with MAV or MAV5

If you are age 80 or over when you purchase your annuity, your beneficiaries will receive the contract value at death. You can help protect your investment for your beneficiaries by adding the optional Return of Purchase Payments benefit.

Would you like to add ROPP for an additional fee?

Build your RAVA 5 ® variable annuity

Do you plan to enroll in the Income GuideSM program?

Add an optional living benefit:

SecureSource 4 ® benefit
SecureSource 4 Plus ® benefit
SecureSource 4 NY® benefit
SecureSource 4 Plus NY® benefit

Or:

Or, if you prefer:

SecureSource ® benefits are not available for inherited IRAs.

Build your RAVA 5 ® variable annuity

Select your funds.

Proceed to the fund selector

Build your RAVA 5 ® variable annuity

Add one or both optional investment strategies, if desired:

Build your RAVA 5 ® variable annuity

Your customized RAVA 5 ® variable annuity is complete!
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Income Guide SM

Overview
Be informed
Estimate your lifestyle expenses
Watch the video below or select a tab above to learn more.

The Income Guide program monitors the lifestyle income you withdraw from your annuity and provides you with ongoing information. Through your Ameriprise Financial client statement and an annual Income Guide Report, you will know the amount of income that’s currently projected to be sustainable, and when you might want to consider adjusting your income — up or down.

Income Guide can help you feel more confident that your income will last, so you can enjoy your retirement to its fullest. You can choose to enroll in the program at any time from ages 50 through 85.

The Income Guide program is not a guarantee of income nor is it intended to preserve your principal, and your contract may run out of money. The Income Guide program is not investment advice.

Select a status to learn more.
sm
The Income Guide tracker appears on your Ameriprise client statement and your Annual Income Guide report.

Estimate your monthly lifestyle expenses in retirement.

Travel
$0
$2,000
Hobbies
$0
$2,000
Entertainment
$0
$1,000
Dining Out
$0
$1,000
Other
$0
$5,000

Select whether Income Guide should calculate for one person (single) or two (joint):

Please complete both "Age" fields

Years before income begins:*

Adjust for inflation. Select an annualized inflation rate (applied only to years before you begin income).

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