Jennifer Frankenfield

Title: Innovations by Jennifer Frankenfield

Introduction

Jennifer Frankenfield is an accomplished inventor based in Mount Juliet, TN (US). She has made significant contributions to the field of tax-advantaged accounts, holding a total of 4 patents. Her work focuses on creating efficient funding mechanisms that enhance the accessibility of these accounts at the point of sale.

Latest Patents

One of her latest patents is titled "Retail HSA funding and payment mechanism." This invention describes a system, method, and computer program product that enables the creation and funding of tax-advantaged accounts at the point of sale. By utilizing this funding and payment mechanism, account holders can immediately access funds for qualified expenses, overcoming the delays associated with traditional systems. The patent also introduces a credit feature that allows prospective account holders to fund their accounts initially and a retroactive analysis feature that creates tax-advantaged transactions for earlier expenses within a plan year.

Another notable patent is the "Method and system for creation and funding of tax-advantaged account at point of sale/service." This invention outlines a process for verifying the identity of recipients, confirming contributions, and creating tax-advantaged accounts on behalf of individuals. It further details how these accounts can be funded and how transactions can be processed seamlessly.

Career Highlights

Jennifer currently works at ConnectYourCare, LLC, where she continues to innovate in the field of health savings accounts. Her expertise in developing user-friendly systems has made a significant impact on how individuals manage their tax-advantaged accounts.

Collaborations

Throughout her career, Jennifer has collaborated with talented professionals, including Vrajesh Bhavsar and Reese Feuerman. These partnerships have fostered a creative environment that encourages innovative solutions in the industry.

Conclusion

Jennifer Frankenfield's contributions to the field of tax-advantaged accounts demonstrate her commitment to innovation and efficiency. Her patents reflect a deep understanding of the challenges faced by account holders and provide practical solutions that enhance user experience.