Patent ID: 8103573

Claim:
A computer system for processing data relating to a deferred annuity contract during the accumulation phase, the annuity contract having a payment base value, a contract value, and benefit payments available, for a term and in accordance with a guarantee, in each of a plurality of time periods during the term, without reduction of the payment base value, comprising: a data storage device storing data relating to the deferred annuity contract, including data indicative of: the payment base value and the contract value; and a processor in communication with the data storage device, the processor being configured to: determine a value of a withdrawal percent applicable to a date during the accumulation phase based on data stored in the data storage device; access from the data storage device data indicative of at least one of the payment base value and the contract value; based on the determined value of the withdrawal percent and either the payment base value or the contract value, determine an amount of the benefit payment available during a time period during the accumulation phase without reduction of the payment base value; and provide an output signal having data indicative of the determined amount of the benefit payment available during the time period without reduction of the payment base value; wherein a value of the withdrawal percent is greater than zero and automatically increases during the accumulation phase and after a first of the benefit payments.