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RiverSource® RAVA 5 Select® Variable Annuity - New York and National

The following At-a-glance provides an overview of the RAVA 5 Select variable annuity:

Getting started

Minimum initial payment

 $2,000 for qualified annuities
$10,000 for non-qualified annuities
If your annuity is part of an employer-sponsored plan, the minimum payment is $1,000 for lump sum, or $25 per month.
Minimum additional payments $50 for all payments
Maximum issue age for owner and annuitant 90
Surrender charges Contract years
1 2 3 4 Thereafter
4 year surrender charge schedule
7% 6% 5% 4% 0%
Liquidity Cumulative earnings or 10% of the prior anniversary contract value can be annually withdrawn without charge.
Fees and Expenses Mortality and expense fee (M&E) 1.30%

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

Contract administrative charge of $30 is deducted from the contract value on contract anniversary and at full surrender; waived for contract values or total purchase payments less payments surrendered of $50,000 or more.
With a living benefit: 100% of your annuity will be invested in the Columbia VP — Managed Volatility Fund. Without a living benefit: Choose from any of the five Portfolio Navigator funds of funds — ranging from Aggressive to Conservative — and/or from over 60 subaccounts from well-known fund families.
Optional Riders Optional living and death benefit riders, available for an additional fee, can protect your annuity investment, provide the stability of guaranteed income for life, and help you pass on a larger legacy to those you care about. Visit Optional Benefits or talk to your financial professional for more information. If an optional living benefit is selected as part of an employer-sponsored plan, no loan feature is available.
Performance
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The guarantees offered by RiverSource annuities are backed by the strength and soundness of RiverSource Life Insurance Company, and in New York by RiverSource Life Insurance Co. of New York, and their continued claims-paying ability. These guarantees do not apply to the performance of the investments in your annuity, which will vary with market conditions.

View important information about annuities.