M5
● Terminated
Maximum 5 Year Anniversary Value Death Benefit
RiverSource Life Insurance Company
DTCC ID
—
COMPANY
RiverSource Life Insurance Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Maximum 5 Year Anniversary Value Death Benefit
Internal benefit name
Maximum 5 Year Anniversary Value Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
4
Inception date
—
Closed date
Apr 30, 2012
DTCC Rider ID
—
Last modified
Oct 03, 2025
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) maximum five-year anniversary value. Maximum Five-Year Anniversary Value, at issue equal to initial purchase payment, thereafter, increased by additional purchase payments made and reduced by withdrawals. On each fifth anniversary Maximum Five-Year Anniversary Value is equal to highest contract value calculated at any fifth anniversary, prior to owner's age 81. A fee discount of 0.05% applies if 5-Year MAV is purchased with either Enhanced Earnings Death Benefit or Enhanced Earnings Plus Death benefit.
Lifecycle Events
Cancellation
May be cancelled any time after election.
Termination
May be terminated on first, seventh or any rider anniversary thereafter.
Available when added
Only at contract issue.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.