Variable annuities

Take charge of your retirement

You may have questions as you plan for retirement such as, when is the right time to stop working and retire? Will my money last as long as I need it to? How can I protect my money for my beneficiaries? A variable annuity can help you prepare for these retirement challenges with the opportunity to grow your portfolio and enjoy income for as long as you need it.

What is a variable annuity and what does it offer?

A variable annuity is a long-term retirement investment issued by an insurance company that can help you:

  • Grow your money

  • Take income in retirement

  • Pass on your wealth

A variable annuity offers:

The guarantees of a variable annuity are backed by the strength and soundness of the issuing insurance company.


Help optimize your wealth and allow assets to grow

In a variable annuity, your money has the opportunity to grow by investing in subaccount funds made up of stocks and bonds that rise and fall with the market. Over time, you can earn a “variable” rate of return. As with other investments, there is potential to lose money based on the performance of the subaccount funds.


Discover if a variable annuity is right for your retirement strategy. Get guidance from an advisor.




Variable annuity solutions

  • RiverSource® RAVA 5 variable annuities

  • RiverSource RAVA 5 Access® inherited nonqualified stretch annuity

RiverSource® RAVA 5 variable annuities

  • Professionally managed investments
  • Opportunity to grow your investment tax-deferred
  • Death benefits that protect your investment for your loved ones
  • Optional benefits available for additional fees offer the opportunity for income growth with the security of guaranteed income to last a lifetime
  • Help you prepare for and follow an adaptive withdrawal strategy using The Income GuideSM program

Get the details for the RAVA 5 Advantage (see the New York version) and RAVA 5 Choice (see the New York version) variable annuities.

RiverSource® RAVA 5 Access® inherited nonqualified stretch annuity

  • Exclusively for beneficiaries of nonqualified annuities
  • Annual required distributions allow you to “stretch” out the taxes owed over your lifetime
  • Over 90 funds to select from let you take advantage of the growth potential of the markets

Reinvest your money according to your needs with a RAVA 5 Access® variable annuity.

57% of pre-retirees don’t expect a pension plan to be a major source of their retirement income.

Employee Benefit Research Institute and Greenwald & Associates, Inc. 2019 Retirement Confidence Survey

Find out more

For New York and Texas, please select your state. For all others, please select National, then the product name.

Talk to your advisor to find out if variable annuities are right for you and your financial needs.

Ready to invest in an annuity?

Talk to an advisor to discuss variable annuities. Contact your Ameriprise advisor, or, if you don’t have one, get connected to a knowledgeable advisor who can help.

The guarantees offered by RiverSource® annuities are backed by the strength and soundness of RiverSource Life Insurance Company and, in New York, RiverSource Life Insurance Co. of New York, and are subject to their claims-paying ability. These guarantees do not apply to the investments in the annuity, which will vary with market conditions.
View important information about annuities, and how to request a variable annuity prospectus.
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