The fixed account

You’ll earn daily fixed interest on any money you allocate to the fixed account. We set an interest rate for the fixed account for one year and renew it on each contract anniversary. The fixed account will never earn less than the Guaranteed Minimum Interest Rate of 1.00%.

Indexed account options

The 62 indexed account options are divided into five categories. Four of them provide returns that track to the performance of the underlying index. The fifth offers the potential to earn a predetermined yield and a way to systematically take the yield as income in years when it is earned. Each of the indexed accounts has one or two underlying indexes or Exchange Traded Fund (collectively referred to as the “indexes”). When you allocate money to an indexed account, you create a segment, which will last for one, two, three or six years. Your money has the potential to grow based on the performance of the underlying indexes.

Standard indexed accounts

There are 34 Standard indexed accounts. When the index rate of return is positive at the end of a segment, you will earn that return, up to the cap (the maximum return that a segment can earn). If the index rate of return is a loss at the end of a segment, you will only incur the portion of the loss that exceeds the buffer or your losses will be limited to the floor. There are Standard indexed accounts with buffers of -10%, -15%, -20% or -25% and floors of -10%. Standard indexed accounts are available with terms of one, two, three or six years.*

Contingent Yield indexed accounts

There are 10 Contingent Yield indexed accounts. When the index rate of return is positive at the end of a segment, or is a loss that does not exceed the buffer or trigger, you will earn the contingent yield, a predetermined rate of return. If the index rate of return is a loss that exceeds the buffer, you will only incur the portion of the loss that exceeds the buffer. If the index rate of return is loss that exceeds the trigger, this option will provide no protection. You will incur the full loss. Contingent Yield indexed accounts have buffers of -10%, -15% or -20% and triggers of -25% or -35%. Contingent Yield indexed accounts are available for one-year terms. These indexed accounts can be paired with the Contingent Yield Withdrawl Program, which allows you to take your yield as income in years when there are earnings.

Annual Lock indexed accounts

There are six Annual Lock indexed accounts. The index rate of return will be calculated each year on your contract anniversary, and that return (called the Annual Lock Return) will be locked, up to the cap. If the index rate of return is a loss for a given year, you will only incur the portion of the loss that exceeds the -10% buffer and that Annual Lock Return will also lock in. On the segment maturity date, the segment value will reflect a cumulative return based on the Annual Lock Returns. Annual Lock indexed account are available with terms of three or six-years.*

No Cap with Annual Fee indexed accounts

There are six No Cap with Annual Fee indexed accounts. When the index rate of return is positive at the end of a segment, you will earn that return, subject to a fee. The deduction of the fee may result in a negative return even if the index has positive performance. If the index rate of return is a loss at the end of a segment, you will only incur the portion of the loss that exceeds the buffer. The fee will reduce the rate of return after the buffer is applied. There are No Cap with Annual Fee indexed accounts with buffers of either -10% or -15%. No Cap with Annual Fee indexed accounts have terms of one or three years.

Enhanced Upside Participation indexed accounts

There are six Enhanced Upside Participation indexed accounts. If the index rate of return is positive at the end of a segment, it is multiplied by an upside participation rate, and you will earn that enhanced return up to the cap. The upside participation rate is applied only to positive returns. If the index rate of return is a loss, you will only incur the portion of the loss that exceeds the -10% buffer. Enhanced Upside Participation indexed accounts have terms of one, three or six years.*

*Six-year indexed accounts are available only with the six-year surrender charge schedule.

Renewal rates

At the start of each new segment, rates, caps, upside participation rates, Annual Fees and contingent yields will be reset by RiverSource Life at our discretion. The cap, upside participation rate and contingent yield will never be less than the Minimum Cap, Minimum Upside Participation Rate and Minimum Contingent Yield. The Annual Fee will never be more than the Maximum Annual Fee. In the future, RiverSource Life reserves the right to add a cap to the No Cap with Annual Fee indexed accounts, which will be set at our discretion. Indexed accounts may be discontinued. When segments mature, any money in discontinued indexed accounts would need to be reallocated to different indexed accounts or the fixed account based on your instructions. If no instructions are received, the money will move to the fixed account.