Choosing the Service Plan That’s Right for You

ING Counseling and Enrollment Service Plan Options for the Louisiana ORP

When you select ING Life Insurance and Annuity Company as your provider for the ORP, you can also choose the counseling and enrollment service option that best meets your individual needs. Below is a side-by-side comparison of the two available service options.

	Personal Retirement Planning Service	Personal Enrollment Service
Fees	0.85% Mortality & Expense Risk Charge	0.30% Mortality & Expense Risk Charge
Fixed Account Contract Minimum	3.0%	2.0%
Initial Enrollment Support	Face-to-face enrollment support with Registered Representative, including comprehensive approach to investment education and advice regarding asset class and fund lineup review. Please see the “How to Enroll” section that follows this chart.	Online enrollment. Registered Representative available to assist with enrollment. Please see the “How to Enroll” section that follows this chart.
One-on-One Meetings	• One-on-one participant account reviews and meetings with assigned local representative (topics include): - Identification of investment objectives - Risk tolerance - Asset classes - Risk/Reward spectrum - Available investment options - Diversification - Asset allocation - Portfolio modeling - Retirement planning and distribution option modeling - Settlement illustrations • One-on-one financial needs analysis and asset allocation modeling. Utilizing ING Financial Healthcheck analysis and advanced allocation tools, we help participants obtain a realistic picture of their financial situation. This analysis includes short and long term goals, such as retirement and other life events, as well as an analysis of a participant’s asset allocation mix. • Specific asset allocation strategies that match the participants’ risk tolerance and financial goals to the allocation of their retirement assets. Using our asset allocation tools, we provide employees with the guidance they need to implement the asset allocation approach that is right for them.	One-on-one participant services not available.
Educational Seminars	• Defined Contribution Plans - 401(a) ORP Defined Contribution Plan Part I: The Plan and Its Features–Seminar of Plan basics. - 401(a) ORP Defined Contribution Plan Part II: Charting Your Own Course –Seminar reviewing the Plan’s investment options, investment techniques and strategies. - 401(a) ORP Defined Contribution Plan Part III: Retirement Planning – Overview of retirement options and considerations with respect to the plan and other assets. • Targeted seminars, topics include: - Asset Allocation: The Well-Balanced Investor - Retirement Readiness: Are We There Yet? - Common-Sense Investing: Roadblocks to Results - Retirement Savings Options: To Move or Not to Move? - Retirement Income, Beyond the Basics, Early Retirement: Put the Pedal to the Metal - Long-Term Care Insurance: How to Age Gracefully - Job Loss: When Life Throws You a Curveball - Life Insurance: How Families Carry On - Saving for College: The Parent Prep Course - Estate Planning Basics: Put Your House in Order - Women and Investing • Retiree-specific seminar topics • Miscellaneous seminar topics, including “Identity Theft”	Customized seminars not available.
Educational Publications	• Comprehensive plan enrollment materials • Promotional materials including payroll stuffers and participant mailings • Scenario planning kits, including model investment portfolios • Comprehensive investment information, including fund one-pagers	Same educational information available.
Interactive Tools	Interactive calculators available online include: • Pay-check and tax savings calculator • Budget and net worth estimator • Retirement needs calculator • Investment calculator • College funding calculator • Tools that will calculate an estimated retirement payout to determine the participant’s readiness level to retire • Investor profile analysis • IRA eligibility • IRA comparison	Same calculators available.
Toll-Free Account Access	Toll-free access to our customer contact center by calling (800) 262-3862. You can opt to speak with a Customer Service Associate (Monday through Friday 8am to 9pm ET) or use the 24/7 automated features.	Same toll-free account access available.
Internet Access	Click “Account Access” on left navigation tab for online account access.	Same online access.
Statements	Detailed account statements mailed quarterly.	Same.
Newsletter	Participant newsletter mailed with statements.	Same.

Variable annuities offered through a retirement plan are long-term investments designed for retirement purposes. Early withdrawals taken prior to age 59½ may be subject to an IRS 10% premature distribution penalty tax. Money distributed from the annuity will be taxed as ordinary income in the year the money is distributed. Account values fluctuate with market conditions, and when surrendered the principal may be worth more or less than its original amount invested. Tax deferral is provided by your employer’s plan and the annuity does not provide any additional tax deferral benefit. Annuities may be subject to additional fees and expenses to which other tax-qualified plan funding vehicles may not be subject. However, annuities provide features and benefits such as lifetime income payments and death benefits which may be valuable to you.

Neither ING or its affiliated companies or representatives provide tax or legal advice. Please consult a tax adviser or attorney before making a tax-related investment/insurance decision.

Louisiana is a "community property" state. Under the Louisiana Civil Code, a spouse is entitled to 50% of any payout from a public or private pension or retirement plan, an annuity policy or plan, an individual retirement account, a Keogh plan, a simplified employee plan, or any other similar retirement plan.