United Services Automobile Association (usaa)

Marcus David Saenz

Steven Wayne Meier, Jr

Aaron David Bend

Christopher Michael Stegge

Devin Michael Becker

John Richard Camacho

Dennis Michael Berry, Jr

Brent Myron Merryman

Donna Ray Molinar

A self-service distribution system and method to request a withdrawal of funds from tax-deferred accounts (i.e., a distribution), such as individual retirement accounts (IRAs). The system may retrieve information about a participant's age and type of account from which a distribution is requested. A series of checks defined by rules and regulations that apply to tax-deferred accounts may be run against participant and account information retrieved by the system. A sequence of user interfaces may present information and warnings, such as tax consequences of the distribution, to the guide the participant. The participant may request distributions having a certain frequency, amount, and timing through the presented user interfaces. After all of the information is entered to initiate the distribution, a verification page is presented such that the participant may confirm the enter information is correct. Upon submitting the request, a confirmation is presented.

Systems and methods for administering self-service mutual fund and IRA distributions to participants

Growing community of inventors

San Antonio, TX, United States of America

Marcus David Saenz