George E. Silos - Bogata NJ, US Cheryl Ann Reese - New York NY, US
Assignee:
New York Life Insurance Company - New York NY
International Classification:
G06Q 40/00
US Classification:
705 36R
Abstract:
In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount.
System And Method For Providing Income Payments To An Investor
- New York NY, US George E. Silos - Bogota NJ, US Cheryl Ann Reese - New York NY, US
Assignee:
New York Life Insurance Company - New York NY
International Classification:
G06Q 40/06
US Classification:
705 36 R
Abstract:
In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount.
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We expected they were going to get better and come home, said Cheryl Reese, daughter. " Never did we expect they would not come home. We didnt feel like they were that sick when they went in, but thats what COVID does.Their kids, Cheryl Reese and Wayne Colee say on November 21st, Roger wasnt feeling well. Two days later, both their parents tested positive for COVID-19. By Friday both were admitted into Flagler Hospital in separate rooms, but next to each other.
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