Patent ID: 8838493
Filing Date: 2014-09-16
Classification: G06Q

Abstract:
1. A method for administering a financial instrument, the method comprising: following an issuance of an employee retirement plan contract to an employee, wherein the employee retirement plan contract includes (i) a growth rate guarantee specifying a minimum positive growth rate and (ii) a portability guarantee including one or more provisions allowing the employee to transfer all or a portion of a balance of an employee retirement plan account associated with the employee retirement plan contract to an individual retirement account and further allowing the employee to transfer all or a portion of a protected value of the employee retirement plan contract to an individual retirement account contract: further following an issuance, after an election by the employee to perform a transfer via the portability guarantee, of the individual retirement account contract to the employee, wherein the individual retirement account contract includes a continuation guarantee including one or more provisions allowing the employee to transfer all or a portion of the balance of the employee retirement plan account to the individual retirement account and further allowing the employee to transfer all or a portion of the protected value of the employee retirement plan contract to the individual retirement account contract: