Invention Grant
- Patent Title: Methods and systems for providing guaranteed lifetime benefits
- Patent Title (中): 提供有保证的终身福利的方法和系统
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Application No.: US12417915Application Date: 2009-04-03
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Publication No.: US08732056B1Publication Date: 2014-05-20
- Inventor: Robert Koth , Michael Zolna , William Marshall
- Applicant: Robert Koth , Michael Zolna , William Marshall
- Applicant Address: US IL Northbrook
- Assignee: Allstate Insurance Company
- Current Assignee: Allstate Insurance Company
- Current Assignee Address: US IL Northbrook
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Methods and systems provide a financial account. In one implementation, one or more funding payments for a financial account are received from an investor. The financial account includes a mutual fund. The investor takes withdrawals from the financial account. A balance of the financial account is calculated by a processor. Benefit payments are paid to the investor after the balance of the financial account has reached zero.
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