497 1 iliacingaextraassets.htm SUPPLEMENT iliacingaextraassets.htm - Generated by SEC Publisher for SEC Filing
Supplement Dated May 22, 2013
To the Current Prospectus and Statement of Additional Information 
 
ING Extra Assets
(Formerly known as ING Aextra Assets)
 
Issued by ING Life Insurance and Annuity Company
Through Its Variable Annuity Account B

 

This supplement updates the prospectus and statement of additional information (“SAI”) for your variable annuity contract and 
any subsequent supplements thereto. Please read it carefully and keep it with your copy of the prospectus and SAI for future 
reference. If you have any questions, please call our Customer Service Center at 1-800-366-0066. 

 

IMPORTANT INFORMATION REGARDING THE COMPANY
 
Information about the ING Life Insurance and Annuity Company found in your prospectus and/or Statement of 
Additional Information is deleted and replaced with the following: 
 
ING Life Insurance and Annuity Company (the “Company,” “we,” “us,” “our”) issues the contracts described in this 
prospectus and is responsible for providing each contract’s insurance and annuity benefits. All guarantees and benefits 
provided under the contracts that are not related to the separate account are subject to the claims paying ability of the 
Company and our general account. 
 
We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976. Until May 
7, 2013, we were a wholly owned indirect subsidiary of ING Groep N.V. (“ING”), a global financial institution active in 
the fields of insurance, banking and asset management. Through a merger, our operations include the business of Aetna 
Variable Annuity Life Insurance Company (formerly known as Participating Annuity Life Insurance Company, an 
Arkansas life insurance company organized in 1954). Prior to January 1, 2002, the Company was known as Aetna Life 
Insurance and Annuity Company. 
 
Pursuant to an agreement with the European Commission (“EC”), ING has agreed to divest itself of ING U.S., Inc. and its 
subsidiaries, including the Company (collectively “ING U.S.”), which constitutes ING’s U.S.-based retirement, investment 
management and insurance operations. To effect this divestment, on May 7, 2013 ING completed an initial public offering 
(“IPO”) of the common stock of ING U.S. While ING is currently the majority shareholder of the common stock of ING 
U.S., pursuant to the agreement with the EC mentioned above ING is required to divest itself of at least 25% of ING U.S. 
by the end of 2013, more than 50% by the end of 2014 and 100% by the end of 2016. 
 
 
IMPORTANT INFORMATION REGARDING THE INVESTMENT PORTFOLIOS
 
Open Investment Portfolios 
 
During the accumulation phase, you may allocate your premium payments and contract value to any of the investment 
portfolios available under this Contract, plus any fixed option that is available. You bear the entire investment risk for 
amounts you allocate to any investment portfolio, and you may lose your principal. There is no assurance that any of the 
funds will achieve their respective investment objectives. Shares of the funds will rise and fall in value and you could lose 
money by investing in the funds. Shares of the funds are not bank deposits and are not guaranteed, endorsed or insured by 
any financial institution, the Federal Deposit Insurance Corporation or any other government agency. Except as noted, all 
funds are diversified, as defined under the Investment Company Act of 1940. 
 
The following table reflects the investment portfolios that are, effective May 1, 2013, open and available to new premiums 
and transfers under your Contract along with each portfolio’s investment adviser/subadviser and investment objective. 
Please refer to the funds prospectuses for more detailed information. Fund prospectuses may be obtained free of charge 
from our Customer Service Center at P.O. Box 9271, Des Moines, Iowa 50306-9271 or call (800) 366-0066, or access the 
SEC’s website (http://www.sec.gov), or by contacting the SEC Public Reference Room at (202) 942-8090 or call (800) 

 

X.76002-13GW  Page 1 of 3  May 2013 

 



SEC-0330. You may obtain copies of reports and other information about the separate account and the funds, after paying
a duplicating fee, by sending an email request to publicinfo@sec.gov or by writing to the SEC Public Reference Room, 100
F Street, N.E., Room 1580, Washington, D.C. 20549-0102. If you received a summary prospectus for any of the funds
available through your contract, you may also obtain a full prospectus and other fund information free of charge by either
accessing the internet address, calling the telephone number or sending an email request to the contact information shown
on the front of the fund’s summary prospectus.

Fund Name and Investment Adviser/Subadviser  Investment Objective 
Janus Aspen Series Enterprise Portfolio  Seeks long-term growth of capital. 
 
Investment Adviser: Janus Capital Management LLC   
(Janus Capital)   
 
Janus Aspen Series Flexible Bond Portfolio  Seeks to obtain maximum total return, consistent with 
  preservation of capital. 
Investment Adviser: Janus Capital Management LLC   
(Janus Capital)   
 
ING Balanced Portfolio, Inc.  Seeks total return consisting of capital appreciation (both realized 
  and unrealized) and current income; the secondary investment 
Investment Adviser: ING Investments, LLC  objective is long-term capital appreciation. 
Investment Subadviser: ING Investment Management   
Co. LLC   
 
ING Global Bond Portfolio  Seeks to maximize total return through a combination of current 
  income and capital appreciation. 
Investment Adviser: Directed Services LLC   
Investment Subadviser: ING Investment Management   
Co. LLC   
 
ING Global Resources Portfolio  A non-diversified Portfolio that seeks long-term capital 
  appreciation. 
Investment Adviser: Directed Services, LLC   
Investment Subadviser: ING Investment Management   
Co.   
 
ING Growth and Income Portfolio (Class I)  Seeks to maximize total return through investments in a 
  diversified portfolio of common stocks and securities convertible 
Investment Adviser: ING Investments, LLC  into common stocks. It is anticipated that capital appreciation and 
Investment Subadviser: ING Investment Management  investment income will both be major factors in achieving total 
Co. LLC  return. 
 
ING Intermediate Bond Portfolio  Seeks to maximize total return consistent with reasonable risk. 
  The Portfolio seeks its objective through investments in a 
Investment Adviser: ING Investments, LLC  diversified portfolio consisting primarily of debt securities. It is 
Investment Subadviser: ING Investment Management  anticipated that capital appreciation and investment income will 
Co. LLC  both be major factors in achieving total return. 
 
ING Large Cap Growth Portfolio  Seeks long-term capital growth. 
 
Investment Adviser: Directed Services LLC   
Investment Subadviser: ING Investment Management   
Co. LLC   

 

X.76002-13GW  Page 2 of 3  May 2013 

 



Fund Name and Investment Adviser/Subadviser  Investment Objective 
ING MidCap Opportunities Portfolio  Seeks long-term capital appreciation. 
 
Investment Adviser: ING Investments, LLC   
Investment Subadviser: ING Investment Management   
Co. LLC   
 
ING Money Market Portfolio  Seeks to provide high current return, consistent with preservation 
  of capital and liquidity, through investment in high-quality money 
Investment Adviser: ING Investments, LLC  market investments while maintaining a stable share price of 
Investment Subadviser: ING Investment Management  $1.00. 
Co. LLC   
  *There is no guarantee that the ING Money Market Portfolio 
  subaccount will have a positive or level return. 
ING Templeton Foreign Equity Portfolio  Seeks long-term capital growth. 
 
Investment Adviser: Directed Services LLC   
Investment Subadviser: Templeton Investment Counsel,   
LLC   
 
ING T. Rowe Price Diversified Mid Cap Growth Portfolio  Seeks long-term capital appreciation. 
 
Investment Adviser: Directed Services LLC   
Investment Subadviser: T. Rowe Price Associates, Inc.   

 

X.76002-13GW  Page 3 of 3  May 2013