Retirement Income

Retirement Income

As a retirement leader, ING U.S. has a long heritage of retirement income solutions and experience built on actuarial and underwriting expertise. ING U.S. offers a comprehensive suite of retirement income products and services to help individuals to and through retirement, including an in-plan guaranteed income solution available for 401(k) plan participants; a deferred fixed annuity product for retirees; and a retirement income practice management program for ING Financial Partners’ financial advisors.

The ING Lifetime Income Protection program is an institutionally designed and priced target date asset allocation program available for 401(k) participants of small and mid-sized employers. It features guaranteed and non-guaranteed elements that address both the accumulation and the draw down phases of retirement planning. The program helps 401(k) investors build savings while securing a stream of lifetime retirement income guaranteed by multiple leading insurers.

The ING Lifetime Income annuity product is a fixed annuity that offers retirees flexibility, income growth potential and built-in guarantees. The product provides income benefits that step up based on the number of years an individual delays income withdrawals and that are linked to changes in the S&P 500® Index. Alongside this, the product allows flexibility to access funds as an individual’s needs shift in retirement.

ING U.S., through its broker-dealer, ING Financial Partners, offers a retirement income practice management program that can help financial advisors address important lifetime income planning needs with clients. The program includes seminars, action plans, online tools and a structured framework that financial advisors can follow with their clients.