ING Fixed Annuities Adds Index-Linked Crediting Method to Selected FIA Products

ING Fixed Annuities has added a monthly cap index strategy to its index-linked interest crediting methods, according to Chad Tope, senior vice president, ING Fixed Annuities Distribution. Introduction of the new monthly cap index strategy means that clients will now have a choice of four distinct index-linked crediting options and a fixed interest strategy within selected ING fixed index annuities. Fixed annuity products are offered by ING USA Annuity and Life Insurance Company (NYSE: ING).

The new monthly cap index strategy bases interest crediting on the sum of twelve monthly percentage changes in the S&P 500® Index occurring during the one-year indexing period, according to Tope. "All our index-linked crediting methods offer protection for the original premium, plus a specific method to track and capture a portion of the potential increases, if any, from the S&P 500® Index during the indexing period," said Tope. The monthly cap index strategy tracks monthly changes in the S&P 500® Index (subject to the monthly cap), adds the percentage changes at the end of the indexing period and credits the annuity if positive.

Contracts issued by ING USA Annuity and Life Insurance Company, 909 Locust Street, Des Moines, IA 50309. Interest Rates/Participation Rates/Index Caps/Monthly Caps/Index Spreads subject to change. Products and/or features are not available in all states. Withdrawals may be subject to Federal/State income tax and, if taken prior to age 59 1/2, an additional 10% Federal penalty tax. Neither the company nor its agents and representatives can provide tax, legal or accounting advice. Clients should consult their own attorney or tax advisor about their specific circumstances. Withdrawals do not participate in index interest. Guarantees based on claims paying ability of the insurer.

IRAs and other qualified plans already provide tax deferral like that provided by an annuity. Additional features and benefits such as contract guarantees, death benefits and the ability to receive a lifetime income are contained within the annuity for a cost. Please be sure the features and costs of the annuity are right for you when considering the purchase of the annuity.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to more than 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients which include life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit www.ing.com

First Call Analyst:
FCMN Contact: chuck.eudy@us.ing.com

SOURCE: ING US Financial Services

CONTACT: Chuck Eudy of ING US Financial Services, +1-770-980-5209,
+1-770-490-6420 (mobile), chuck.eudy@us.ing.com

Web site: http://www.ing.com/us