MA
● Active
Maximum Anniversary Death Benefit
Thrivent Financial for Lutherans
DTCC ID
—
COMPANY
Thrivent Financial for Lutherans
TYPE
Variable Annuity
INCEPTION
Jul 01, 2020
Identity
Benefit name
Maximum Anniversary Death Benefit
Internal benefit name
Maximum Anniversary Death Benefit
Company
Product policy type
Variable Annuity
Status
● Active
Sequence
2
Inception date
Jul 01, 2020
Closed date
—
DTCC Rider ID
—
Last modified
May 16, 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
Not Applicable.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
None.
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 owner, benefit will be greatest of -1) contract value; 2) purchase payments adjusted for withdrawals; or 3) maximum anniversary value on any contract anniversary prior to annuitant's 80th birthday less adjusted for withdrawals added to any purchase payments made.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.
Effect change ownership
None.