The Prudential Insurance Company of America

Gary E Phifer, Iii

N David Kuperstock

Robert Francis O'Donnell

Robert J Schwartz

Jacob M Herschler

Steven Lee Putterman

Daniel O Kane

Dain Eric Runestad

Fiona Alexandra Jackman-Ward

Robert Alan Fishbein

Marc Joseph Buzzelli

Polly Rae

Christopher Patrick Shecklev

A method for providing a financial instrument includes determining an initial account balance associated with a financial instrument based upon an initial deposit amount, wherein the financial instrument includes an account with an account balance that changes over time. The method further includes establishing a first guarantee of a protected value, the protected value including at least an amount based upon the initial account balance growing at a minimum growth rate for a defined period of time or until one or more defined events occur, whichever is sooner; and establishing a second guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of a designated party, wherein the amount comprises a percentage of the protected value at the time of a particular event, provided that the amount may vary based upon withdrawals from the account in excess of a first particular limit.

Financial instrument providing a guaranteed growth rate and a guarantee of lifetime payments

Growing community of inventors

Princeton, NJ, United States of America

Gary E Phifer, Iii