Patent ID: 9105063
Filing Date: 2015-08-11
Classification: G06Q

Abstract:
1. A system implementing a benefit product for a participant with a guaranteed minimum income, the system comprising: an income recordkeeper interfacing with a plurality of savings recordkeepers, the income recordkeeper in the form of a processing machine, the income recordkeeper including: the determining, based on transactions, the guaranteed minimum income that is paid beginning on a future start date includes: the plurality of savings recordkeepers, wherein each of the savings recordkeepers includes a savings recordkeeper record keeping system, the savings recordkeeper record keeping system outputting the attributes of the benefit product to the income recordkeeper interface portion, so as to be input to the income recordkeeper record keeping system, the records of the plan being maintained by the savings recordkeeper, the records containing the attributes; and wherein each of the savings recordkeepers are unaffiliated third parties with respect to their relationship with the income recordkeeper.