US Patent Issued to Incentivized Savings Plan on Nov. 18 for "Computer program, method, and system for automated savings and time-based matching contributions" (Kansas Inventor)

ALEXANDRIA, Va., Nov. 18 -- United States Patent no. 12,475,517, issued on Nov. 18, was assigned to Incentivized Savings Plan LLC (Wichita, Kan.).

"Computer program, method, and system for automated savings and time-based matching contributions" was invented by Tona Schekall (Wichita, Kan.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An administrator operating a plan administrator platform is responsible for facilitating contributions made by an employer and employee to an incentivized savings plan. The administer also maintains and updates records about each of the contributions, balance(s), and transactions associated with the incentivized savings plan. The plan administrator platform issues a report to ...