ING Joins Hueler's Income Solutions(R) Program

Hueler Investment services is a leading technology and research firm offering key resources for the analysis, research and implementation of stable value and annuity products. Income Solutions(R) offers an out-of-plan annuity selection program that makes it easier for plan providers and sponsors to provide their employees and retirees with a way to convert a portion of their workplace savings into a guaranteed source of retirement income.

Income Solutions(R) is a web-based immediate annuity purchase system designed as an IRA rollover option. It allows individuals to purchase institutionally priced annuities with their defined contribution plan assets. The Income Solutions(R) program was created specifically for "Transitioning Investors" (both active employees and retirees) who have reached a point in their lives where they want or need to convert a portion of their retirement nest egg into a reliable income stream.

"We are delighted to be partnering with Hueler to broaden their platform offering to plan providers and sponsors," said Sri Reddy, Head of Retirement Income Strategies, ING Wealth Management. "As Baby Boomers move from accumulation to distribution of their retirement funds, they are looking for products that will create a lifetime income stream. Annuity products allow individuals to create a steady stream of income that is guaranteed for life."

"ING's size, credit-worthiness, and experience in institutional markets were critical in determining their participation on the Income Solutions(R) platform," said Kelli Hueler, CEO, Hueler Investment Services, Inc. "With the addition of ING, the Income Solutions(R) platform is now able to offer transitioning investors choice from up to ten high quality providers."

About ING:

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to more than 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING (NYSE: ING) family of companies offers a comprehensive array of financial services to retail and institutional clients which include life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit http://www.ing.com .

ING Income Provider is issued by ING Life Insurance and Annuity Company One Orange Way Windsor CT 06095. Guarantees are backed by the claims paying ability of the issuing insurance company. C08-0331-001R (04/08)

About Hueler Companies and Income Solutions(R)

Hueler Companies, Inc. and its affiliates (together, the Hueler Companies), located inMinneapolis, Minnesota, was founded in 1987 as a stable value consulting and data research firm. Today, Hueler Companies is a leading technology and research firm offering key resources for the analysis, research and implementation of stable value and annuity products. In 2004, Hueler Investment Services, Inc. launched Income Solutions(R), a web-based immediate income annuity purchase system designed as an IRA rollover option that allows individuals to purchase institutionally priced annuities with their rollover IRA assets.

For more information, please visit http://www.IncomeSolutions.com .

SOURCE ING US Wealth Management

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Copyright © 2008, NewsBlaze, Daily News

Tags: Insurance, Banking and Finance, Computers and Electronics, , connecticut

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