Patent ID: 8805733
Filing Date: 2014-08-12
Classification: G06Q

Abstract:
1. A computerized method comprising: receiving, by a financial development plan server, a first user input, wherein in response to receipt of the first user input, initiating, by the financial development plan server, a single deferred annuity, wherein the user input provides a desired level of protection for one or more phases of the annuity; triggering, by the financial development plan server, an accumulation phase; determining, by the financial development plan server, at least one of a maximum gain parameter and a maximum loss parameter based at least in part on the desired level of protection; calculating, by the financial development plan server, the other of the maximum gain parameter and the maximum loss parameter based upon the determined maximum gain parameter or maximum loss parameter, wherein the maximum gain parameter is correlated to a stock market index, and is calculated as proportional to the maximum loss parameter; storing, by the financial development plan server, a bail out rate with the annuity upon issuance of the annuity; and during the accumulation phase, performing at least one of: