Location History:
- Glen Allen, VA (US) (2008 - 2014)
- Richmond, VA (US) (2013 - 2015)
Company Filing History:
Years Active: 2008-2015
Title: Innovations by Paul Haley
Introduction
Paul Haley is an accomplished inventor based in Richmond, VA (US). He holds a total of 4 patents that focus on innovative financial solutions aimed at providing guaranteed income products. His work has significantly contributed to the field of retirement planning and income security.
Latest Patents
One of his latest patents is titled "Systems and methods for providing a benefit product with periodic guaranteed income." This invention outlines a computer-implemented method and system that generates a guaranteed income amount for participants by utilizing a variety of guaranteed income products (GI products). The system includes an income aggregator portion, a savings recordkeeper portion, and at least one income recordkeeper portion, which administers the GI products and determines the guaranteed income associated with each product.
Another notable patent is "System and method for guaranteeing minimum periodic retirement income payments using an adjustment account." This system provides users with guaranteed minimum retirement income payments through a variable immediate annuity module. It allows for the comparison of periodic retirement income payment amounts with guaranteed minimum amounts, ensuring that users receive at least the guaranteed minimum payment.
Career Highlights
Throughout his career, Paul Haley has worked with prominent companies such as Genworth Financial, Inc. and Genworth Holdings, Inc. His experience in these organizations has allowed him to develop and refine his innovative ideas in the financial sector.
Collaborations
Paul has collaborated with notable colleagues, including Matthew Sharpe and Geoffrey S. Stiff. Their combined expertise has contributed to the successful development of his patented technologies.
Conclusion
Paul Haley's contributions to the field of guaranteed income products and retirement planning demonstrate his innovative spirit and commitment to enhancing financial security for individuals. His patents reflect a deep understanding of the complexities of income generation and retirement planning.