RiverSource® Immediate Annuities

Guaranteed income for life: the retirement solution

Guaranteed income from a RiverSource Immediate Annuity has some distinct advantages over taking periodic withdrawals from other investment products.

  • It's reliable – Guaranteed income is not affected by the circumstances in your financial life or the economy.
  • It's your choice – You select the payout option that fits your lifestyle.
  • It's tax advantaged – A portion of each payment from your non-qualified income annuity is return of principal and earnings so you spread out your tax burden.

Optional payout features

  • Annual Payout Increase – If you like a guaranteed payout but worry about inflation eroding your purchasing power, this optional feature to select a 2%, 3% or 4% annual increase to your income payments
  • Lump-sum Withdrawals – If you feel you may need to access your annuity's remaining value, this optional feature, allows you to take a full lump sum payment of your annuity's present value if an unforeseen event arises.

All guarantees are based on the continued claims paying ability of the issuing company.

Insurance and annuity products are issued by RiverSource Life Insurance Company and in New York, by RiverSource Life Insurance Co. of New York, Albany, New York. Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York.

FIXED ANNUITIES:

ARE NOT A DEPOSIT OF
ANY BANK OR ANY
BANK AFFILIATE

ARE NOT FDIC
INSURED

ARE NOT INSURED BY ANY
 FEDERAL GOVERNMENT AGENCY

ARE NOT BANK
GUARANTEED

Most annuities have a tax-deferred feature.  So do many retirement plans under the Internal Revenue Code.  As a result, when you use an annuity to fund a retirement plan that is tax-deferred, your annuity will not provide any necessary or additional deferral for that retirement plan.  But annuities do have features other than tax deferral that may help you reach your retirement goals.  You should consult your tax advisor prior to making a purchase for an explanation of the tax implications to you.

Fixed annuities are long-term insurance products.  Before you purchase, be sure to ask your financial professional about the annuity’s features, benefits, and fees, and whether the annuity is appropriate for you, based on your financial situation and objectives.

1Withdrawls that do not qualify for a waiver may be subject to a withdrawl charge. Withdrawls are subject to income taxes and withdrawls before age 59-1/2 may incur an IRS 10% early withdrawl penalty.

There is no assurance that the annuity or optional rider will keep up with inflation.