ING USA Annuity and Life Insurance Company has tweaked the withdrawal options of one of its variable annuities.
ING USA, West Chester, Pa., a unit of ING Groep N.V., Amsterdam, says it added options to the living-benefit riders of the ING LifePay Plus VA contract.
The ING LifePay Plus withdrawal benefit offers a 7% annual minimum increase to the living benefit withdrawal base during the first 10 years of the annuity contract.