SYSTEM AND METHOD FOR PROVIDING INCOME PAYMENTS TO AN INVESTOR

摘要

In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount.

主权项

1. A computerized method for providing guaranteed income payments to an investor, the computerized method comprising:
receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing at least a portion of the premium payment into a first investment sleeve; calculating a waiting period representing the difference between the investor's current age and the desired income start date; automatically transferring using at least one computing device, during the waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve comprised of annuities, wherein the portion of the premium payment transferred between the first and the second sleeves is calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount; and presenting, to the investor, one or more income payments from the annuities in the second sleeve according to the desired income payment amount.