Patent ID: 8135598

Claim:
A computer system configured to manage an annuity product, the computer system comprising: a processor; and a memory communicatively coupled to the processor, wherein the processor is configured to maintain an annuity product, the annuity product comprising a guarantee, from an insurer to an insured, of a first Target Value at a first Target Value Date, wherein the first Target Value is: based at least in part on an initial investment into a contract account where account holder is required to follow investment guidelines of the insurer, adjusted upward by the insurer if the contract account value exceeds the first Target Value at a predetermined date prior to the first Target Value Date, and guaranteed to be greater than the sum of investment payments into the contract account by the first Target Value Date; and wherein the first Target Value Date is selected by the insured at contract issuance, wherein periodically, at predetermined dates prior to the first Target Value Date, the contract account value will be increased, by a credit to the contract account by the insurer, to match the first Target Value if the current contract account value is less than the first Target Value, and wherein insured can select, when the first Target Value Date is reached, a second Target Value on a selected future anniversary of the first Target Value Date, the second Target Value is guaranteed by the insurer to be greater than the greater of the first Target Value or the contract account value on the first Target Value Date.