RiverSource Structured Solutions annuity

RiverSource Structured Solutions annuity is a limited flexible purchase payment (payments only allowed for 90 days after contract issue) annuity that offers 45 different indexed account options and a fixed account to help meet your needs.

Getting Started

Minimum initial purchase payment:

  • Non-Qualified: $10,000
  • Qualified: $10,000 (not available for 401(a), 403(b), simple IRAs and 501c(3))

Additional purchase payments:

Allowed only in the 90 days after the contract issue date. These payments will be held in an interim account earning daily fixed interest until your next contract anniversary, when they will automatically transfer out per your election instructions.

Maximum issue age:

  • 90


Withdrawal charges:

Contract Years 1 2 3 4 5 6 7
6-year surrender charge 8% 7% 6% 5% 4% 3% 0%
3-year surrender charge 8% 7% 6% 0% 0% 0% 0%

Withdrawal privileges:

During the first contract year, you have access to the greater of 10% of your purchase payments or earnings without surrender charges. In subsequent years, you have access to the greater of 10% of your prior year contract anniversary value or earnings without surrender charges.

Because of their tax-deferred status, withdrawals made prior to age 59½ may incur an IRS 10% early withdrawal penalty.

There are other factors that can also impact a withdrawal. Please talk to your advisor before taking any withdrawals.

Rates and Guarantees

  • Minimum Guaranteed Interest Rate for the fixed and interim accounts is 1.00%.
  • All guarantees are based on the continued claims-paying ability of the issuing company.

The guarantees offered by RiverSource® annuities are backed by the strength and soundness of RiverSource and are subject to our continued claims-paying ability.

Not available in NY or OR.