Supplement Dated May 7, 2014

To the Current Prospectus and Statement of Additional Information 

ING Select Opportunities

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 Customer Service 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. 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.
We are an indirect, wholly owned subsidiary of Voya Financial, Inc. (“VoyaTM ”), which until April 7, 2014, was known as
ING U.S., Inc. In May 2013 the common stock of Voya began trading on the New York Stock Exchange under the symbol
“VOYA” and Voya completed its initial public offering of common stock.
Voya is an affiliate of ING Groep N.V. (“ING”), a global financial institution active in the fields of insurance, banking and
asset management. In 2009 ING announced the anticipated separation of its global banking and insurance businesses,
including the divestiture of Voya, which together with its subsidiaries, including the Company, constitutes ING’s U.S.-
based retirement, investment management and insurance operations. As of March 25, 2014, ING’s ownership of Voya was
approximately 43%. Under an agreement with the European Commission, ING is required to divest itself of 100% of Voya
by the end of 2016.
IMPORTANT INFORMATION REGARDING THE INVESTMENT PORTFOLIOS
In connection with the rebranding of ING U.S. as Voya FinancialTM , effective May 1, 2014, the ING funds were
renamed by generally replacing ING in each fund name with either Voya or VY.
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. 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, 2014, 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
X.162593-14GW	Page 1 of 3	May 2014

from Customer Service 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) 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
Voya EURO STOXX 50® Index Portfolio (Class I)		A non-diversified portfolio that seeks investment results (before
		fees and expenses) that correspond to the total return (which
Investment Adviser: Voya Investments, LLC		includes capital appreciation and income) of the EURO STOXX
Subadviser: Voya Investment Management Co. LLC		50® Index.
		.
Voya International Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of a widely accepted international
Subadviser: Voya Investment Management Co. LLC		index.
Voya Money Market Portfolio* (Class S)		Seeks to provide high current return, consistent with
		preservation of capital and liquidity, through investment
Investment Adviser: Voya Investments, LLC		in high-quality money market instruments while
Subadviser: Voya Investment Management Co. LLC		maintaining a stable share price of $1.00.
*There is no guarantee that the Voya Money Market Portfolio
subaccount will have a positive or level return.
Voya Russell™ Large Cap Growth Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of the Russell Top 200® Growth
Subadviser: Voya Investment Management Co. LLC		Index.
Voya Russell™ Large Cap Value Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of the Russell Top 200® Value Index.
Subadviser: Voya Investment Management Co. LLC
Voya RussellTM Mid Cap Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of the Russell Midcap® Index.
Subadviser: Voya Investment Management Co. LLC
Voya RussellTM Small Cap Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of the Russell 2000® Index.
Subadviser: Voya Investment Management Co. LLC
Voya U.S. Bond Index Portfolio (Class I)		Seeks investment results (before fees and expenses) that
		correspond to the total return (which includes capital
Investment Adviser: Voya Investments, LLC		appreciation and income) of the Barclays U.S. Aggregate Bond
Subadviser: Voya Investment Management Co. LLC		Index.
X.162593-14GW	Page 2 of 3		May 2014

Fund Name and Investment Adviser/Subadviser		Investment Objective
Voya U.S. Stock Index Portfolio (Class S)		Seeks total return.
Investment Adviser: Directed Services LLC
Subadviser: Voya Investment Management Co. LLC
VY BlackRock Inflation Protected Bond Portfolio (Class I)		A non-diversified Portfolio that seeks to maximize real return,
		consistent with preservation of real capital and prudent
Investment Adviser: Directed Services LLC		investment management.
Subadviser: BlackRock Financial Management Inc.
X.162593-14GW	Page 3 of 3		May 2014