Welcome to The New Jersey Higher Education System New Jersey Alternate Benefit Program (ABP) / Additional Contributions Tax Sheltered Program (ACTS) Web Site

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    • Investing for retirement requires a good plan and the discipline to follow it, but there are several options available. ING has been chosen as a provider for the New Jersey Alternate Benefit Program (ABP) -- a retirement plan available to employees of the state's public higher education system.

    At ING, we recognize that this is one retirement plan option for you and are therefore constantly striving to provide you competitive products and customer service. To offer you easier access to information about the plan, we have developed this custom Web site that allows you to access your account information and make account transactions. It will also provide you with comprehensive investment and retirement planning educational materials. Just click on the links at the top of the page to change the menus that appear on the left side bar.

    This Web site is only one of the methods for you to receive information about the ABP and your account. Other services available include:

  • One-on-one meetings on a variety of issues, including enrollment, investment principles, distribution planning
  • Meetings and seminars
  • Investment education tailored to individual learning needs
  • Toll-free access to a customer information center and 24-hour automated voice response unit; customer service associates are available Monday - Friday 8:00 a.m. - 9:00 p.m. (Eastern Time)
  • Timely and detailed quarterly account statements
  • Informative newsletters
  • Dedicated representatives on all campuses — Click Here for contact information

    • Please contact us if you have any questions. You may call our local office toll-free at (877) 873-0321, Monday through Friday, 9:00 a.m. – 4:00 p.m.

    In addition, our customer service associates, trained on the New Jersey ABP, are available by calling our toll-free telephone line at (800) 525-4225, Monday through Friday, from 8:00 a.m. to 8:00 p.m. (Eastern Time).

    You should consider the investment objectives, risks, charges and expenses of the variable product and its underlying fund option carefully before investing. The contract and fund prospectuses contain this and other information, which can be obtained by contacting your local representative. Please read the prospectuses carefully before investing.

    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.

     

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    Insurance products issued by ING Life Insurance and Annuity Company. Financial planning and securities offered through ING Financial Advisers, LLC (member SIPC), One Orange Way, Windsor, CT 06095-4774, or other broker/dealers with which it has a selling agreement.