Apparatus for computing indexing parameters for indexed reversionary annuity
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United States of America Patent
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Oct 8, 2013
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N/A
app pub date -
Dec 19, 2012
filing date -
Jan 20, 2012
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Abstract
A computer-based apparatus for representing and acting on an indexed reversionary annuity, including a memory unit for at least one specially programmed computer configured to store computer readable instructions and an initial income amount, and a processor for the at least one specially programmed computer configured to execute the computer readable instructions to determine a set of indexing parameters P and generate an updated income amount at an end of a specified indexing term T based in part on performance of at least one index and the set of indexing parameters P.
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