Indexed account options

There are more than 100 indexed accounts based on five well-known equity indexes and an Exchange Traded Fund (collectively referred to as the "indexes") that cover U.S. and international equities. Together, these indexed accounts address many different market outlooks and investing approaches. Your potential for growth will be linked to the performance of one or two of the underlying indexes, but you will never be directly invested in the index. And you could benefit from some protection from losses along the way, giving you more confidence to stay the course.

Standard indexed accounts

There are 34 Standard indexed accounts. When the index rate of return is positive at maturity, you will earn that return, multiplied by the upside participation rate, up to the cap (the maximum return that a segment can earn when the index is positive), if applicable. If the index rate of return is a loss at maturity, the buffer will reduce your losses. You will only incur the portion of the loss that exceeds the buffer. There are Standard indexed accounts with buffers of either -10%, -15%, -20%, -25% or -100%. Standard indexed accounts are available with terms of one, three or six years.*

Dual Directional indexed accounts

There are 20 Dual Directional indexed accounts. If the index rate of return is positive at maturity, the segment will earn the index rate of return, multiplied by the upside participation rate, up to a cap (the maximum return that a segment can earn when the index is positive), if applicable. If the index rate of return at maturity is a loss that does not exceed the buffer, the segment will earn a positive rate of return equal to the loss (in this case, the positive return is not limited to the cap and will not be multiplied by an upside participation rate). If the index rate of return at maturity is a loss that exceeds the buffer, the buffer will reduce your losses. You will only incur the portion of the loss that exceeds the buffer. There are Dual Directional indexed accounts with buffers of -10%, -15%, -20% or -25%. Dual Directional indexed accounts are available for terms of one, three or six years.*

Annual Lock indexed accounts

There are two 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 the Annual Lock Return will also lock in. On the segment maturity date, the segment value will reflect the cumulative return based on the Annual Lock Returns. Annual Lock indexed accounts are available with terms of three or six years.*

Contingent Return indexed accounts

There are 20 Contingent Return indexed accounts that provide opportunities to earn a predetermined return, with protection options in the form of a buffer or a trigger. When the index rate of return is positive at the end of a segment, or a loss that does not exceed the buffer or trigger, you will earn the contingent return, a predetermined rate or return. If the index rate of return is a loss that exceeds the buffer, you will only incur the portion of your loss that exceeds the buffer. If the index rate of return is a loss that exceeds the trigger, this option will provide no protection. You will incur the full loss. There are 18 Contingent Return indexed accounts with buffers of either -10%, -15% or -20% and two Contingent Return indexed accounts with triggers of -30%. Contingent Return indexed accounts are available for terms of one, two, or three years.

Income Choice indexed accounts

There are eight Income Choice indexed accounts that provide monthly income (guaranteed for one year) based on the amount you allocate to the segment (Investment Base) and the Annualized Income Rate. Your monthly income amount during the segment will not change unless you take additional withdrawals from the segment. The income will begin one month after the contract is issued and will be distributed on that same day each month during the contract year. This option also provides a level of protection in the form of a buffer. At maturity, if the index rate of return is positive or is a loss that does not exceed the buffer, the original amount allocated to the segment will remain unchanged (unless additional withdrawals were taken). If the index rate of return is a loss that exceeds the buffer, the segment will only incur the portion of the loss that exceeds the buffer. There are Income Choice indexed accounts with buffers of either -10%, -15%, -20% or -25%. Income Choice indexed accounts are available for a term of one year.

Annual Fee/Annual Fee Plus indexed accounts

There are 22 Annual Fee/Annual Fee Plus indexed accounts that offer greater growth potential with higher caps and/or upside participation rates versus comparable indexed accounts within the product without an annual fee. When the index rate of return is positive at the end of a segment, we will determine your return by first multiplying the index rate of return by an upside participation rate. Next, we will apply a cap, if applicable, which is the maximum return a segment can earn when the index is positive. We will then multiply the Annual Fee percentage by the number of years in the segment to determine the total fee that will be deducted at maturity. That will be your segment rate of return. 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 buffer protection can give you greater confidence as you approach retirement. The total fee will be deducted after the buffer is applied, and that is what you will earn. There are Annual Fee/Annual Fee Plus indexed accounts with buffers of either -10%, -15% or -25%. Annual Fee/Annual Fee Plus indexed accounts are available with 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, contingent returns, annualized income rates, annual fees and/or upside participation rates will be reset by RiverSource Life at our discretion. The caps, contingent returns and annualized income rates will never be less than the Minimum Cap, Minimum Contingent Return and Minimum Annualized Income Rate. The Annual Fee will never be more than the Maximum Annual Fee. Indexed accounts may be discontinued. When segments mature, any money in discontinued indexed accounts would need to be reallocated to different indexed accounts.