TI
● Active
Thrivent Income Builder Death Benefit
Thrivent Financial for Lutherans
DTCC ID
—
COMPANY
Thrivent Financial for Lutherans
TYPE
Variable Annuity
INCEPTION
Jul 01, 2020
Identity
Benefit name
Thrivent Income Builder Death Benefit
Internal benefit name
Thrivent Income Builder Death Benefit
Company
Product policy type
Variable Annuity
Status
● Active
Sequence
3
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
—
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent premiums increase the benefit base is increased by dollar-to-dollar.
Partial withdrawals
Partial withdrawals reduce the benefit base by dollar-to-dollar
Required min distributions
Not Applicable.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Spouse may elect to continue the contract.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available upon death of owner, when the rider is in force, death benefit is the greater of a) Accumulated Value, or b) the Standard Death Benefit, or c) the GLWB Death Benefit.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Termination of the GLWB rider results in termination of the death benefit.
Available when added
Automatically included with GLWB rider.
Effect change ownership
Not Applicable.