0.00% 

3% Premium Bonus on initial premium.
Minimum guaranteed rate is 2.0% on 87.5% of the premiums, less withdrawals, premium taxes and surrender charges, if any, for the first 10 contract years. 

Minimum:  NQ & Q (0-80): $15,000 single                   
                  
Maximum: $1,000,000 without prior home office approval. 

10 

0 - 80 

There are 10 years of surrender charges as follows:

10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%,1%, 0%

Charges may differ for some states. 

10% of the accumulation value (as of date of withdrawals) may be withdrawn each contract year without surrender charge.  If more than the free withdrawal amount is taken, or if the annuity is surrendered, a surrender charge is deducted from the total amount withdrawn during that contract year.  

Annuitization is available after the first contract year and is based on the greater of the cash surrender value or minimum guaranteed value.  

Death Benefit: Upon death of the owner, the greater of the accumulation value or minimum guaranteed contract value is paid to the beneficiary.

 

There is a choice of three accumulation strategies:
1.  A fixed interest rate which is set when the policy is issued, guaranteed for one year, and reset annually thereafter.
2.  Annual Point-to-Point, with a cap, linked to the S&P 500, annual reset, 100% guaranteed participation rate for life of the contract; credits annually 100% of any positive index increase up to the cap.  
3. The Monthly Cap Index Strategy tracks monthly changes in the S&P 500® Index1 (subject to a monthly cap), adds the percentage changes at the end of the indexing period and credits your annuity if positive.

Rates are declared separately for money moved between strategies.  Moved money receives the interest rate, participation rate, and/or cap in effect at the time of the transfer. 

When the contract is issued, the policyholder set the percentage placed into each strategy.  Premiums received after contract issue are distributed among the strategies in the same percentage as the initial request, unless different instructions are given.  Each anniversary thereafter, redistribution of all or some of the accumulation value is allowed among the strategies. 

ING_Rates.pdf 

IncomeProtector Withdrawal Benefit:  Rider available for an additional cost of 0.35% of guaranteed withdrawal benefit base.  Minimum issue age is 50.  Withdrawal may start after the first contract year.  Offers guaranteed payments for life.  Payments can be turned on and off anytime after the first year.  May not be available in all states.

Nursing Home/Terminal Illness benefit:  Access to accumulation value, with no surrender charge, if owner becomes hospitalized or confined to an eligible nursing home for at least 45 days during any continuous 60-day period or diagnosed with a terminal illness (life expentancy of 12 months or less) on or after the first contract anniversary.  Nursing Home & Terminal Illness Waivers not available in MA & PA.

IncomeProtector Withdrawal Benefit-
(Check state availability)  

Allows owner/annuitant to receive guaranteed income for life without annuitization. The income amount is a percentage of the Maximum Annual Withdrawal (MAW) value based on the age at time of election. MAW equals all 1st  year premiums plus 7% annual interest for generally up to 10 contract years. If the MAV is less than the Contract value, the MAV will step up to equal the Contract Value. There is an annual 0.40% charge for this rider, refundable to the beneficiary upon death of the owner/annuitant.

Owner/annuitant eligible to elect this benefit at age 50 and after the first contract year, after which income payments may be turned on or off at anytime.

Distribution choices:
1) Take normal withdrawals under the annuity without starting IncomeProtector Withdrawal benefit.
2) Elect IncomeProtector “Lifetime Income (LI)” and receive an annual payment guaranteed for your lifetime, per chart below.
			
O/A Age	            Single O/A	      Joint O/A
at election of LI      % of MAW	      % of MAW
50-54		4.0%	         3.5%
55-59		4.5%	         4.0%
60-64		5.0%	         4.5%
65-69		5.5%	         5.0%
70-74		6.0%	         5.5%
75-79		6.5%	         6.0%
80-84		7.0%	         6.5%
85-89		7.5%	         7.0%
90+		8.0%	         7.5% 

Issue age is 0-80. Issue age is based on client's age at the time the contract is ISSUED, not when the application is signed or submitted. If client reaches age 81 or older before contract is issued, application and monies will be returned. 1035 exchange/transfers: Funds must be received prior to client's 81st birthday. 

Commission
Age   0-80     Year        Trail        
                       1                             
Option A         6.00%      0.00%     
Option B         4.50%      0.25%
Option C         2.00%      0.66%  
Option D         2.00%      0.66%                   
       
If the Owner annuitizes the annuity contract during the first contract year (SPIA excluded), commissions on all premiums paid during the first contract year will be charged back per the schedule shown below.

If, during the first contract year, the Owner takes a partial withdrawal or surrenders the annuity contract, commissions paid or credited during the twelve month period immediately preceding the withdrawal or surrender will be charged back as follows:

Contract Months 1-6:  100% chargeback
Contract Months 7-12:  50% chargeback
Contract Months 13+:     0% chargeback

If the Owner dies in the first contract year, there will be a 50% chargeback.

In addition to those states which require delivery receipts in all cases, delivery receipts are also required when the initial premium for a contract generates commission greater than $30,000, and the portion of the commission exceeding $30,000 will be released 30 days after the signed delivery receipt is provided to the Administrative Office.

The Company reserves the right to reduce or not pay commissions on internal rollovers, transfers or ING affiliated company replacements. 

Alabama
Arizona
Arkansas
California
Colorado
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Vermont
Virginia
West Virginia
Wisconsin
Wyoming