Patronage incentive award system incorporating retirement accounts and method thereof

A patronage incentive award system for promoting a customer to enter into a transaction with a sponsor for goods or services, said patronage incentive award system comprising:

• (a) an identification means for identifying a customer who participates in a transaction with a sponsor of an incentive award system, said transaction involving goods or services of said sponsor, said identification means having identification information about said customer, and said customer having a retirement account;
• (b) transactional information including said identification information;
• (c) a computer data storage memory device for storing said transactional information and an input device for inputting said transactional information into said storage memory device;
• (d) a software program for determining an incentive award amount;
• (e) a computer data processing device for utilizing said software program, said computer data processing device being in communication with said computer data storage memory device;
• (f) an incentive award pool having monetary funds;
• (g) a means for transferring a portion of said monetary funds from said incentive award pool to said retirement account;
• and
• (h) a means for reporting said incentive award amount to said customer and to said sponsor,
• wherein said customer is an employer having at least one employee and said retirement account is an account from which said customer distributes monetary funds to at least one account maintained for the retirement benefit of said at least one employee.