Variable Annuities - Ameriprise Financial

The following variable annuities can be purchased through an Ameriprise financial advisor.

RiverSource Retirement Advisor 4 Advantage^®(RAVA 4 Advantage^SM)
RiverSource Retirement Advisor 4 Select^®(RAVA 4 Select^SM)
RiverSource Retirement Advisor 4 Access^®(RAVA 4 Access^SM)

Riversource Distributions, Inc. (Distributor), Member FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Company and in New York, by RiverSource Life Insurance Co. of New York, Albany, New York. Only Riversource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York.

These three variable annuities offer a number of benefits that can help you reach your retirement goals:

Diversify your retirement portfolio with dozens of investment options representing every major asset class.
Enjoy some of the lowest fees and expenses in the industry.
Grow your savings faster with tax deferral.
Withdrawals taken before age 59 1/2 may incur an IRS 10% early withdrawal panalty.
Take advantage of wealth protection options for an additional cost.
Take advantage of optional riders, available at additional cost, that can guarantee principal and lock in gains.
Maintain your selected asset allocation with asset rebalancing. (Asset allocation does not ensure a profit or protect against loss.)
Earn special credits up to 3%, depending on your initial investment, surrender charge schedule and state.
Choose income options that match your lifestyle.

Your financial advisor can help you determine which variable annuity might be right for you.

Withdrawals from the annuity are subject to ordinary income tax.

In addition to fund management expenses and contract charges, variable annuities carry a Mortality and Expense risk Fee (M&E)

RAVA 4 Advantage's M&E is 1.05% for nonqualified contracts and 0.85 for qualified contracts. These figures are lower than 93% of all non-qualified variable annuity contracts and 99% of all qualified variable annuity contracts, according to VARDS data as of 05/31/07.
RAVA 4 Select's M&E is 1.10% for qualified contracts. These figures are lower than 99% of all qualified variable annuity contracts, according to VARDS data as of 05/31/07.
RAVA 4 Access's M&E is 1.45% for qualified contracts and 1.25% for Non-qualified contracts.

Most annuities have a tax-deferred feature. So do many retirement plans under the Internal Revenue Code. As a result, when you use an annuity to fund a retirement plan that is tax-deferred, your annuity will not provide any necessary or additional tax deferral for that retirement goal. You should consult your tax advisor for an explanation of the tax implications to you prior to making a purchase.

These annuities feature Special Credit options in the form of purchase payment credits that may be reversed under certain circumstances. Please see the "Purchase Payment Credit" section in the prospectuses for details. Surrender charges from annuities with purchase payment credits are higher than surrender charges for annuities without such credits. The amount of the credit may be more than offset by additional surrender charges associated with the credit.

You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. For a free copy of an annuity's prospectus and underlying investment's prospectus, which contains this and other information about variable annuities, call (800) 333-3437. Read the prospectus carefully before you invest.

Variable annuities are insurance products that are complex, long-tern investment vehicles that are subject to market risk, including the potential loss of principal invested.

All guarantees are based on the continued claims paying ability of the issuing company.

Ameriprise Financial Services, Inc. offers financial advisory services, investments, insurance and annuity products. RiverSource^® products are offered by affiliates of Ameriprise Financial Services, Inc., Member FINRA and SIPC. CA License #0684538.

RiverSource Life Insurance Company and its affiliated insurance companies offer several different annuities, which your sales representatives may be authorized to offer to you. Each annuity has different features and benefits that may be appropriate for you based on your financial situation and needs, your age and how you intend to use the annuity. The different features and benefits may include the investment and fund manager options, variation in interest rate amount and guarantees, credits, surrender charge schedules and access to annuity account values. The fees and charges may also be different between each annuity.

Diversification is not a guarantee of overall portfolio profit and does not protect against loss.

Your Variable Annuity Selection

Start the conversation with a financial advisor