Invention Grant
- Patent Title: System for creating, issuing, managing and redeeming annuity-based retirement funding instruments
- Patent Title (中): 制定，发行，管理和赎回基于年金的退休金融资机制
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Application No.: US12804329Application Date: 2010-07-20
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Publication No.: US08396770B2Publication Date: 2013-03-12
- Inventor: Bret L. Benham , James Benjamin Williams , Francois G. Gadenne
- Applicant: Bret L. Benham , James Benjamin Williams , Francois G. Gadenne
- Applicant Address: US MA Sherborn US MA Sherborn
- Assignee: James B. Williams,Franncois G. Gadenne
- Current Assignee: James B. Williams,Franncois G. Gadenne
- Current Assignee Address: US MA Sherborn US MA Sherborn
- Agent Charles G. Call
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A method for administering an annuity-based retirement funding in which an investor's funds or current income is used to make incremental purchases of immediate annuity benefits at market rates, with the annuity payments received from previous purchases being applied purchase additional annuity benefits. The investor allocates a first allocated portion of each received benefit into an account and the reinvested funds are thereafter available in combination with new investment payments from the investor for the purchase of additional immediate annuity benefits. At the direction of the investor, typically after retirement, all or part of the received annuity payments can be received for the use of the investor.
Public/Granted literature
- US20100293082A1 Methods for creating, issuing, managing and redeeming annuity-based retirement funding instruments Public/Granted day:2010-11-18
Information query
