Computerized methods and apparatuses for guiding a user through a transaction to change a contribution configuration in a defined contribution plan

A computer program product, tangibly embodied in a non-transitory computer readable medium, for guiding a user through a transaction to update a contribution configuration in a defined contribution plan, the computer program product including instructions being operable to cause a data processing apparatus to:

• receive a request from a client device, the request including credentials associated with a user;
• retrieve, based on the credentials, plan data from a storage module, the plan data including at least a current contribution percentage;
• determine a first suggested contribution percentage without any additional user input, the first suggested contribution percentage based on at least a portion of the plan data and equal to an employer match contribution percentage;
• transmit first user interface data to the client device, the first user interface data being configured to cause the client device to display a user interface frame consisting of the current contribution percentage, the first suggested contribution percentage, a first yearly employer contribution amount, a first monthly earnings reduction amount, and a first button enabling the user to initiate a transaction to change the current contribution percentage to the first suggested contribution percentage without requiring the user to enter any additional information;
• execute, in response to receiving information indicative of clicking the displayed first button, a first transaction to change the current contribution percentage to the first suggested contribution percentage;
• transmit first confirmation data to the client device, the first confirmation data being configured to cause the client device to display a user interface frame comprising a confirmation of the first transaction without any additional user input, the confirmation consisting of a first confirmation number, the first suggested contribution percentage, and a schedule for an initiation of an earnings reduction based on the first suggested contribution percentage;
• determine, in response to a user request, a second suggested contribution percentage without any additional user input, the second suggested contribution percentage based on at least a portion of the plan data and greater than the employer match contribution percentage;
• transmit second user interface data to the client device, the second user interface data being configured to cause the client device to display a user interface frame consisting of the current contribution percentage, the second suggested contribution percentage, a maximum allowable contribution percentage, a slider interface element configured to allow selection of a percentage value between the current contribution percentage and the maximum allowable contribution percentage, a bar graph operably connected to the slider interface element and displaying (i) a minimum amount of income and a maximum amount of income to be received per year at a specified age based on the current contribution percentage and (ii) a minimum amount of income and a maximum amount of income to be received per year at a specified age based on the selected percentage value of the slider interface element, and a second button enabling the user to initiate a transaction to change the current contribution percentage to the second suggested contribution percentage without requiring the user to enter any additional information;
• execute, in response to receiving information indicative of clicking the displayed second button, a second transaction to change the current contribution percentage to the second suggested contribution percentage;
• and
• transmit second confirmation data to the client device, the second confirmation data being configured to cause the client device to display a user interface frame comprising a confirmation of the second transaction without any additional user input, the confirmation consisting of a second confirmation number, the second suggested contribution percentage, and a schedule for an initiation of an earnings reduction based on the second suggested contribution percentage.

A system for guiding a user through a transaction to update a contribution configuration in a defined contribution plan, the system comprising:

• a server device configured to:
• receive a request from a client device, the request including credentials associated with a user;
• retrieve, based on the credentials, plan data from a storage module, the plan data including at least a current contribution percentage;
• determine a first suggested contribution percentage without any additional user input, the first suggested contribution percentage based on at least a portion of the plan data and equal to an employer match contribution percentage;
• transmit first user interface data to the client device, the first user interface data being configured to cause the client device to display a user interface frame consisting of the current contribution percentage, the first suggested contribution percentage, a first yearly employer contribution amount, a first monthly earnings reduction amount, and a first button, the first button enabling the user to initiate a first transaction to change the current contribution percentage to the first suggested contribution percentage without requiring the user to enter any additional information;
• execute, in response to receiving information indicative of clicking the displayed first button, the first transaction to change the current contribution percentage to the first suggested contribution percentage;
• transmit confirmation data to the client device, the confirmation data being configured to cause the client device to display a user interface comprising a confirmation of the first transaction without any additional user input, the confirmation of the first transaction consisting of a first confirmation number, the first suggested contribution percentage, and a schedule for an initiation of an earnings reduction based on the first suggested contribution percentage;
• determine, in response to a user request, a second suggested contribution percentage without any additional user input, the second suggested contribution percentage based on at least a portion of the plan data and greater than the employer match contribution percentage;
• transmit second user interface data to the client device, the second user interface data being configured to cause the client device to display a user interface frame consisting of the current contribution percentage, the second suggested contribution percentage, a maximum allowable contribution percentage, a slider interface element configured to allow selection of a percentage value between the current contribution percentage and the maximum allowable contribution percentage, a bar graph operably connected to the slider interface element and displaying (i) a minimum amount of income and a maximum amount of income to be received per year at a specified age based on the current contribution percentage and (ii) a minimum amount of income and a maximum amount of income to be received per year at a specified age based on the selected percentage value of the slider interface element, and a second button enabling the user to initiate a transaction to change the current contribution percentage to the second suggested contribution percentage without requiring the user to enter any additional information;
• execute, in response to receiving information indicative of clicking the displayed second button, a second transaction to change the current contribution percentage to the second suggested contribution percentage;
• and
• transmit second confirmation data to the client device, the second confirmation data being configured to cause the client device to display a user interface frame comprising a confirmation of the second transaction without any additional user input, the confirmation consisting of a second confirmation number, the second suggested contribution percentage, and a schedule for an initiation of an earnings reduction based on the second suggested contribution percentage.