Method and system for providing a fixed rate annuity with a...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S03600T

Reexamination Certificate

active

07945499

ABSTRACT:
A data processing method and system administers a deferred annuity contract during the accumulation phase of a contract term. The system stores an account value and a guaranteed rate of interest on the account value. The system may credit an interest rate which is reset periodically (reset rate). The system is configured for changing from the reset rate to the guaranteed rate, when the reset rate falls below the guaranteed rate.

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