Method and apparatus for modeling and executing deferred award instrument plan

A system for implementing a deferred award instrument plan comprising:

• a processor;
• memory operationally attached to said processor;
• an input device operationally attached to said processor;
• a display device operationally attached to said processor;
• an identifier for identifying at least one employee for an employer in said deferred award plan;
• a retrieving unit for retrieving financial data related to a deferred compensation plan and employee welfare benefit plan;
• a processor for computing a spread or gain associated with at least one of said deferred compensation and said employee welfare benefit plans;
• asset establishment unit for establishing an asset on the company books with said spread or gain;
• purchasing unit for purchasing an individual or group life insurance benefit;
• a trading unit for enabling under control of said employer or employee said employee or employer to purchase stock or other investments through said purchased life insurance benefit;
• executing unit for executing a co-ownership endorsement;
• a loan unit allowing said employer or employee to borrow funds accumulated in said life insurance policy up to a limit set forth in said co-ownership endorsement said limit reflecting said employee's deferred compensation or asset accumulation;
• and