发明名称 |
METHOD AND SYSTEM FOR PROVIDING EMPLOYER- SPONSORED RETIREMENT PLAN |
摘要 |
A method of administering income distributions from an employer-sponsored retirement plan having a participant account value comprises providing an option to a plan participant to elect lifetime payout funded by at least a portion of the participant's account value; providing an option to the participant to elect an excess period during which a participant maintains control over the portion of the account value; transferring the portion of the participant's account value into a group annuity contract; determining an initial benefit payment under the terms of the group annuity contract; determining a subsequent benefit payment; and paying the initial and subsequent payments to the participant. Other embodiments include one or more of these, and the step of determining a charge to be paid by the participant for the guaranteed lifetime payout. |
申请公布号 |
US2013179358(A1) |
申请公布日期 |
2013.07.11 |
申请号 |
US201313780590 |
申请日期 |
2013.02.28 |
申请人 |
INSURANCE COMPANY LINCOLN NATIONAL LIFE;LINCOLN NATIONAL LIFE INSURANCE COMPANY |
发明人 |
HERR DANIEL P.;TOTH ROBERT J. |
分类号 |
G06Q10/10 |
主分类号 |
G06Q10/10 |
代理机构 |
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代理人 |
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主权项 |
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地址 |
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