The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 04, 2010
Filed:
Nov. 01, 2005
Lynn Murphy Abbott, Minneapolis, MN (US);
Douglas K. Dunning, Applie Valley, MN (US);
Joseph Patrick Heckel, Shoreview, MN (US);
D. Keith Pinkley, River Falls, MN (US);
Alan Hays Treece, Plymouth, MN (US);
Lynn Murphy Abbott, Minneapolis, MN (US);
Douglas K. Dunning, Applie Valley, MN (US);
Joseph Patrick Heckel, Shoreview, MN (US);
D. Keith Pinkley, River Falls, MN (US);
Alan Hays Treece, Plymouth, MN (US);
Ameriprise Financial, Inc., Minneapolis, MN (US);
Abstract
A computer-implemented method of calculating a value of a benefit for an annuity contract including a minimum contract accumulation value provision is disclosed. The method includes determining a current minimum contract accumulation value, determining a current value of the annuity contract investments, determining a predetermined reset percentage contained in the annuity contract, calculating the product of the current value of the annuity contract investments and the reset percentage and a fifth step of resetting the minimum contract accumulation value to the greater of the minimum contract accumulation value or the product of the current value of the annuity contract investments and the reset percentage.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile