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To help you achieve your financial and retirement goals, the State sponsors two retirement Plans. They are a deferred compensation plan and a FICA alternative plan. Both plans are administered as IRC section 457 deferred compensation plans. ING is pleased to be one of the two Plan providers. ING has developed this custom Web site for employees eligible to participate in either of the State’s Plans. This Web site will provide you with access to your account information with ING and the ability to make account transactions. This site will also provide you with comprehensive Plan information, your investment choices with ING, frequently asked questions, retirement planning educational materials, interactive calculators and the services available from ING. This Web site will be only one of the methods for you to receive information about the State’s Plans and your account with ING. Other services available include: Variable investment options offered under a group funding agreement are considered long-term investments designed for retirement purposes. Money distributed will be taxed as ordinary income in the year the money is received. Account values fluctuate with market conditions and, when redeemed, the principal may be worth more or less than the amount originally invested. Contact your local ING representative for fund prospectuses containing more complete information including charges and expenses. Read them carefully before you invest. ING does not offer legal or tax advice. Please seek the advice of your own legal or tax advisor prior to making a tax-related investment decision.
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