Patent ID: 7945513

Claim:
A computer-implemented process for determining a contract value of a deferred annuity during an accumulation phase of the deferred annuity, comprising: receiving by a computer a request for a withdrawal from the deferred annuity during the accumulation phase, an amount of the withdrawal being no more than a lifetime benefit payment amount, the lifetime benefit payment amount being a maximum amount available for withdrawal on a periodic basis during the accumulation phase for a lifetime of a relevant life; determining by the computer whether a current value of the contract value of the deferred annuity is at or below a minimum contract value greater than the lifetime benefit payment amount; and responsive to determining that the current value of the contract value of the deferred annuity is at or below the minimum contract value, providing by the computer an output signal having data indicative that the current contract value is not to be changed as a result of payment of the withdrawal.