PA
● Terminated
Premium Accumulation Death Benefit
Thrivent Financial for Lutherans
DTCC ID
—
COMPANY
Thrivent Financial for Lutherans
TYPE
Variable Annuity
INCEPTION
Oct 31, 2002
Identity
Benefit name
Premium Accumulation Death Benefit
Internal benefit name
Premium Accumulation Death Benefit
Company
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
Oct 31, 2002
Closed date
Apr 30, 2023
DTCC Rider ID
—
Last modified
Feb 24, 2026
Life & Age
Based on life
Annuitant
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
Withdrawals will reduce benefit base in same proportion.
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 annuitant.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of annuitant, benefit will be lesser of - 1) purchase payments accumulated 5% annually, prior to annuitant's 80th birthday, adjusted for withdrawal; or 2) two times the adjusted sum of purchase payments determined for Basic Death Benefit.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
No longer available for new purchases.