Patents by Inventor Vickey Root

Vickey Root 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 guaranteeing minimum periodic retirement income payments using an adjustment account
    Patent number: 8781929
    Abstract: A system and method for providing a user with a plurality of guaranteed minimum retirement income payments is disclosed. The system comprises a variable immediate annuity module to receive an income generating payment and to output a guaranteed minimum retirement income payment amount wherein the periodic retirement income payment amount is greater than, equal to, or less than a guaranteed minimum periodic retirement income payment amount if the income generating payments received are received according to a predetermined payment schedule, and wherein the predetermined guaranteed minimum periodic retirement income payment amount is defined by the user.
    Type: Grant
    Filed: February 27, 2002
    Date of Patent: July 15, 2014
    Assignee: Genworth Holdings, Inc.
    Inventors: Geoffrey Stiff, Mary Fay, Paul Haley, Vickey Root, Matthew Sharpe
  • Method and system for portable retirement investment
    Publication number: 20090006237
    Abstract: A process and a system for providing a user with a plurality of periodic retirement income payments is disclosed. The process comprises the steps of receiving an input including two of a retirement date, a minimum retirement income amount and a defined premium payment amount for payment over a plurality of preset payment intervals. The process also includes the steps of calculating the other one of the retirement date, the minimum retirement income amount and the defined premium payment amount for an accumulation period defined by the retirement date and a current age of the user; receiving a premium payment amount from the user during the accumulation period; investing the received premium payment amount in an account in a manner consistent with one or more predefined objectives during the accumulation period to realize a retirement income amount.
    Type: Application
    Filed: June 23, 2008
    Publication date: January 1, 2009
    Inventors: Mary M. Fay, Paul Haley, Vickey Root, Matthew Sharpe, Geoffrey Stiff
  • Method and system for portable retirement investment
    Patent number: 7398241
    Abstract: A process and a system for providing a user with a plurality of periodic retirement income payments is disclosed. The process comprises the steps of receiving an input including two of a retirement date, a minimum retirement income amount and a defined premium payment amount for payment over a plurality of preset payment intervals. The process also includes the steps of calculating the other one of the retirement date, the minimum retirement income amount and the defined premium payment amount for an accumulation period defined by the retirement date and a current age of the user; receiving a premium payment amount from the user during the accumulation period; investing the received premium payment amount in an account in a manner consistent with one or more predefined objectives during the accumulation period to realize a retirement income amount.
    Type: Grant
    Filed: June 8, 2001
    Date of Patent: July 8, 2008
    Assignee: Genworth Financial, Inc.
    Inventors: Mary M. Fay, Paul Haley, Vickey Root, Matthew Sharpe, Geoffrey Stiff
  • Systems and methods for providing a benefit product with periodic guaranteed minimum income
    Publication number: 20050144124
    Abstract: The invention provides systems, and methods of using the systems, implementing a benefit product with a guaranteed minimum income, wherein payment into the benefit product securing the guaranteed minimum income for a payout phase of the benefit product following an accumulation phase of the benefit product.
    Type: Application
    Filed: February 25, 2005
    Publication date: June 30, 2005
    Inventors: Geoffrey Stiff, David Thomas, John Eza, Vickey Root
  • System and method for cross funding of multiple annuity contracts
    Publication number: 20040172350
    Abstract: A process for cross funding of multiple annuity contracts is provided wherein a funding annuity contract is used to fund another annuity contract. The funding annuity contract may be used to transfer funds to the another annuity contract in multiple transfers.
    Type: Application
    Filed: November 15, 2002
    Publication date: September 2, 2004
    Inventors: Landis Atkinson, Mary Fay, Paul Haley, Vickey Root, Matthew Sharpe, Holly Snyder, Geoffrey Stiff
  • System and method for guaranteeing minimum periodic retirement income payments using an adjustment account
    Publication number: 20020194098
    Abstract: A system and method for providing a user with a plurality of guaranteed minimum retirement income payments is disclosed. The system comprises a variable immediate annuity module to receive an income generating payment and to output a guaranteed minimum retirement income payment amount wherein the periodic retirement income payment amount is greater than, equal to, or less than a guaranteed minimum periodic retirement income payment amount if the income generating payments received are received according to a predetermined payment schedule, and wherein the predetermined guaranteed minimum periodic retirement income payment amount is defined by the user.
    Type: Application
    Filed: February 27, 2002
    Publication date: December 19, 2002
    Inventors: Geoffrey Stiff, Mary Fay, Paul Haley, Vickey Root, Matthew Sharpe
  • Method and system for portable retirement investment
    Publication number: 20020188540
    Abstract: A process and a system for providing a user with a plurality of periodic retirement income payments is disclosed. The process comprises the steps of receiving an input including two of a retirement date, a minimum retirement income amount and a defined premium payment amount for payment over a plurality of preset payment intervals. The process also includes the steps of calculating the other one of the retirement date, the minimum retirement income amount and the defined premium payment amount for an accumulation period defined by the retirement date and a current age of the user; receiving a premium payment amount from the user during the accumulation period; investing the received premium payment amount in an account in a manner consistent with one or more predefined objectives during the accumulation period to realize a retirement income amount.
    Type: Application
    Filed: June 8, 2001
    Publication date: December 12, 2002
    Inventors: Mary M. Fay, Paul Haley, Vickey Root, Matthew Sharpe, Geoffrey Stiff