Computer apparatus and method for illustrating, issuing, and managing disability coverage for retirement plans with individual accounts

A method of computing to update a machine-readable database and

• produce digital output, the method comprising:
• receiving, at a computer system comprising an input device, an output device, and a digital electrical computer including a processor, the computer operably associated with the input device and with the output device, the computer programmed to form processor circuitry which receives machine-readable input data via the input device, stores the machine-readable input data in a memory, stores in memory machine-readable output data produced by processing the input data, retrieves from the memory the machine-readable output data that is produced, and outputs the machine-readable output data that is produced via the output device, the input data, comprising input plan contribution data for a retirement plan having respective accounts for individuals;
• storing as said machine-readable data, the plan contribution data in a database of said memory;
• processing by the digital electrical computer, said input data the plan contribution data in processing digitally computing an amount of consideration attendant to offering insurance coverage or protection for a benefit associated with at least one of said accounts according to said retirement plan;
• updating the database in the memory to include the digitally computed amount of the consideration;
• and
• outputting the output data at the output device so that the output includes the amount of consideration for the insurance coverage or the protection.