3.10% 

Minimum guaranteed rate is 1.5% on 100% of the premiums, less withdrawals, premium taxes and surrender charges, if any. 

 

Minimum: Q & NQ (0-80): $15,000 

Maximum: $1,000,000 with prior Home Office approval. 

7,10 

0 - 80 

There are 9-years of surrender charges as follows:
9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%

There is a 30 day window after the initial guarantee period, during which the client may renew for the same or different periods at the then current rate or withdraw their funds with no surrender charges. If the contract is renewed, the surrender charges will continue, but will not reset. 

In the first contract year after the first 30 days, withdrawal of interest that has been credited may be withdrawn without penalty or MVA.  If more than the free withdrawal amount is taken, or if the annuity is surrendered, a surrender charge and MVA are applied.

After the first contract year, 10% of the accumulated value is available for withdrawal without surrender charge or MVA.  

Annuitization is available after the first contract year, provided payments are for 10 years or more.  

Upon the death of the owner, surrender charges and MVA are waived and the full accumulation value is paid to the beneficiary.   

ING_Rates.pdf 

There is a Nursing Home/Terminal Illness Waiver which guarantees the owner access to the accumulation value, with no surrender charge, if the owner is hospitalized or confined to an eligible nursing home for at least 45 days during any continuous 60-day period or diagnosed with a terminal illness (life expectancy of 12 months or less) on or after the first contract anniversary.  Not available in MA & PA. 

Maximum issue age is 80. Issue age is based on client's age at the time the contract is ISSUED, not when the application is signed or submitted. If client reaches age 81 or older before contract is issued, application and monies will be returned. 1035 exchange/transfers: Funds must be received prior to client's 81st birthday. 

Commission
7 Year
Age 0-80       Year 1       Trail      
Option A        2.50%        0.00%  
Option B        1.50%        0.25%
Option C        1.50%        0.25%
Option D        1.50%        0.25%

10 Year
Age 0-80       Year 1       Trail      
Option A        3.25%        0.00%  
Option B        2.00%        0.25%
Option C        2.00%        0.25%
Option D        2.00%        0.25%

If changing between terms, the commission is based on the new term commission rate.  Commission upon renewal of a new term is 1/2 of the first term rate. (No renewal commission in IN.)
                  
If the Owner annuitizes the annuity contract during the first contract year (SPIA excluded), commissions on all premiums paid during the first contract year will be charged back per the schedule shown below.

If the Owner takes a partial withdrawal or surrenders the annuity contract, commissions paid or credited during the twelve month period immediately preceding the withdrawal or surrender will be charged back as follows:

Contract Months 1-6:  100% chargeback
Contract Months 7-12:  50% chargeback
Contract Months 13+:     0% chargeback

In addition to those states which require delivery receipts in all cases, delivery receipts are also required when the initial premium for a contract generates commission greater than $30,000, and the portion of the commission exceeding $30,000 will be released 30 days after the signed delivery receipt is provided to the Administrative Office.

The Company reserves the right to reduce or not pay commissions on internal rollovers, transfers or ING affiliated company replacements.
 

New York
Puerto Rico