Patents by Inventor George A. Castinetras

George A. Castinetras 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).

  • Financial instrument providing a portable guarantee
    Patent number: 8838493
    Abstract: According to one embodiment of the invention, a financial instrument includes a first tax-deferred account and first, second, and third guarantees. The first tax-deferred account has an account balance based in part on a deduction from wages paid to an employee. The first guarantee is a guarantee of a first protected value based upon a deposit growing at a minimum growth rate The second guarantee is a guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of the employee. The third guarantee is a guarantee that the first protected value may be transferred with the first tax-deferred account to a separate financial instrument including a second tax-deferred account, a fourth guarantee of a second protected value, and a fifth guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of the employee.
    Type: Grant
    Filed: September 14, 2006
    Date of Patent: September 16, 2014
    Assignee: The Prudential Insurance Company of America
    Inventors: Peter C. Carlson, George A. Castinetras, Mark J. Foley, Nakia A. Kearse, James I. Mahaney, Douglas S. McIntosh, Jr., Richard G. Phipps, Jr., Brian Picard, Brent W. Walder
  • Financial Instrument Providing a Portable Guarantee
    Publication number: 20080071655
    Abstract: According to one embodiment of the invention, a financial instrument includes a first tax-deferred account and first, second, and third guarantees. The first tax-deferred account has an account balance based in part on a deduction from wages paid to an employee. The first guarantee is a guarantee of a first protected value based upon a deposit growing at a minimum growth rate The second guarantee is a guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of the employee. The third guarantee is a guarantee that the first protected value may be transferred with the first tax-deferred account to a separate financial instrument including a second tax-deferred account, a fourth guarantee of a second protected value, and a fifth guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of the employee.
    Type: Application
    Filed: September 14, 2006
    Publication date: March 20, 2008
    Inventors: Peter C. Carlson, George A. Castinetras, Mark J. Foley, Nakia A. Kearse, James I. Mahaney, Douglas S. McIntosh, Richard G. Phipps, Brian Picard, Brent W. Walder