Patents by Inventor Claude A. Methot

Claude A. Methot has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • SYSTEM AND METHOD FOR PROVIDING GUARANTEED INCOME
    Publication number: 20100185468
    Abstract: The present invention is directed towards a computerized method comprising receiving one or more contributions for an annuity from a qualified plan. At a first time, the method computes a first benefit base of the annuity based at least in part on the one or more contributions and determines a first guaranteed withdrawal amount as a function of the computed first benefit base. At a second time, the method computes a second income base based at least in part the one or more contributions and any amounts withdrawn from the annuity and determines a second guaranteed withdrawal amount as a function of the computed second benefit base.
    Type: Application
    Filed: January 21, 2010
    Publication date: July 22, 2010
    Inventor: Claude A. Methot