Printable Version

How to Enroll

Enrolling in the ARP

Enrolling in a Supplemental 403(b) or 457(b) Retirement Plan

Enrolling in the ARP

Ohio ARP Eligibility

Full-time faculty and exempt, monthly paid employees

  • Specific eligibility to be determined by your employer at start of full-time employment
  • 120 days from date of hire to make your election
  • Important Note: Participation in the Ohio ARP is optional and each employee is provided one irrevocable opportunity to transfer contributions from the state retirement plan to the Ohio ARP if initiated within the first 120 days of employment.

    University Enrollment Process

  • Complete the Ohio ARP Retirement Plan Election Form
  • Choose ING as your provider
  • Return the form to your university within the specified time frame
  • Work with your local representative to complete the enrollment process
  • Enrolling in the Ohio ARP with ING

    We maintain regional representatives to serve all campus locations throughout the state. To make an appointment to enroll in the ARP with ING, please contact your campus representative (click here for a list of our representatives) or e-mail us.

    Your local representative will guide you through the enrollment process. Once you schedule an appointment with your representative, you can begin to:

  • Develop an asset allocation model to illustrate your investment and retirement objectives
  • Select the investment options that will help you pursue your objectives
  • Designate a beneficiary for your plan benefits
  • You should consider the investment objectives, risks, charges and expenses of the variable product and its underlying fund options carefully before investing. The prospectus contains this and other information. You may obtain a prospectus by contacting your ING representative or the Company at the address listed below. Please read the prospectus summary carefully before investing.

    Enrolling in a Supplemental 403(b) or 457(b) Retirement Plan

    Eligibility

    All University Employees at any time during their employment.

    Back to top

    Enrolling in a Supplemental 403(b) or 457(b) Retirement Plan with ING

    We maintain local representatives to serve all campus locations throughout the state. To make an appointment to discuss a supplemental plan or to enroll into a plan, please contact your campus representative (click here for a list of our representatives) or e-mail us.

    Your local representative will explain to you the role supplemental retirement savings play in conjunction with your State Retirement System (STRS, OPERS, SERS). Your local representative will guide you through the enrollment process and:

  • Explain each plan to you and help you determine which plan is best suited to your needs
  • Describe the product to you
  • Develop an asset allocation model to illustrate your investment and retirement objectives
  • Select the investment options that will help you pursue your objectives
  • Designate a beneficiary for your plan benefits
  • Make you are aware of the total contribution limits for which you are eligible
  • As a client, your local representative will provide you with Annual Reviews (or more frequently if you request), will be available to you for any servicing needs or questions you may have.

    You should consider the investment objectives, risks, charges and expenses of the variable product and its underlying fund options carefully before investing. The prospectus contains this and other information. You may obtain a prospectus by contacting your ING representative or the Company at the address listed below. Please read the prospectus summary carefully before investing.

    Important Information

    Variable annuities 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 received. 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.

    Back to top

     

    © 2002 - 2010 ING North America Insurance Corporation

    Insurance products issued by ING Life Insurance and Annuity Company. 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.