June 12, 2020
RiverSource Life Insurance Company
829 Ameriprise Financial Center
Minneapolis, MN 55474
| RE: | RiverSource Life Insurance Company (“Registrant”) |
Initial Registration Statement on FormS-3
RiverSource® RAVA 5 Access® Variable Annuity (offered for contract applications signed on or after June 22, 2020)
Ladies and Gentlemen:
I am familiar with the above-referenced Registration Statement on FormS-3 filed by RiverSource Life Insurance Company (the “Company”) with the Securities and Exchange Commission in connection with RiverSource Guarantee Period Account Interests offered in connection with the above-referenced variable annuity contract (“Guarantee Period Account Interests”).
I have made such examination of law and examined such documents and records as in my judgment are necessary and appropriate to enable me to give the following opinion:
1. The Company is duly incorporated, validly existing and in good standing under applicable state law and is duly licensed or qualified to do business in each jurisdiction where it transacts business. The Company has all corporate powers required to carry on its business and to issue the Guarantee Period Account Interests.
2. The Guarantee Period Account Interests issued by the Company, when offered and sold in accordance with the prospectus contained in the Registration Statement and in compliance with applicable law, will be legally issued and represent binding obligations of the Company in accordance with their terms.
I hereby consent to the filing of this opinion as an exhibit to the Registration Statement.
| Sincerely, |
| /s/ Nicole D. Wood |
| Nicole D. Wood |
Assistant General Counsel and Assistant Secretary |
