Tuesday, July 24, 2007

 

ING Launches Fixed Annuity With 'Re-Up' Feature for Retirement Plan Participants

ING , a global financial services leader, is now offering ING Renuity, an innovative fixed annuity that offers a guaranteed interest rate for a three- or five-year period with the ability to lock in higher rates if offered in the future. The product aims to provide individuals rolling over retirement plan funds a competitive fixed-income product with upside potential. The product, issued by ING Life Insurance and Annuity Company and distributed through ING Financial Advisers, Inc., is also available as a non-qualified contract.

ING Launches Fixed Annuity With 'Re-Up' Feature for Retirement Plan Participants
Source: CNN/Money

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