485BPOS 1 final.htm REGISTRATION STATEMENT/SUPPLEMENT final.htm - Generated by SEC Publisher for SEC Filing
As filed with the Securities and Exchange  Registration No. 333-63692 
Commission on December 15, 2010  Registration No. 811-05626 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM N-4
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933   
Pre-Effective Amendment No.  [   ] 
Post-Effective Amendment No. 18  [X] 
 
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 
Amendment No.  [X] 
(Check appropriate box or boxes.)
 
SEPARATE ACCOUNT B
(Exact Name of Registrant)
 
ING USA ANNUITY AND LIFE INSURANCE COMPANY
(Name of Depositor)
1475 Dunwoody Drive
West Chester, Pennsylvania 19380-1478
(Address of Depositor's Principal Executive Offices)
Depositor's Telephone Number, including Area Code: (610) 425-3400
 
Nicholas Morinigo, Esq.
ING Americas (U.S. Legal Services)
1475 Dunwoody Drive, West Chester, Pennsylvania 19380-1478
(610) 425-3447
 
(Name and Address of Agent for Service of Process)
 
Approximate Date of Proposed Public Offering:   
As soon as practical after the effective date of the Registration Statement   
 
It is proposed that this filing will become effective (check appropriate box):   
[ X ]  immediately upon filing pursuant to paragraph (b) of Rule 485   
[    ]  on (date)pursuant to paragraph (b) of Rule 485   
[    ]  60 days after filing pursuant to paragraph (a)(1) of Rule 485   
[    ]  on (date) pursuant to paragraph (a)(1) of Rule 485   
 
If appropriate, check the following box:   
[    ]  this post-effective amendment designates a new effective date for a previously filed post- 
  effective amendment.   
 
Title of Securities Being Registered:   
Deferred Combination Variable and Fixed Annuity Contract   

 


                                                                     PARTS A and B

EXPLANATORY NOTE: Each of the Prospectus and Statement of Additional Information, dated April
30, 2010 and as supplemented, is incorporated into Parts A and B, respectively, of this amendment by
reference to Post-Effective Amendment No. 17 to this Registration Statement, as filed on April 21, 2010
(Accession No. 0000836687-10-000135). This amendment further supplements the prospectus and does
not otherwise delete, amend, or supersede any other information in this registration statement, as
previously amended, including exhibits and undertaking.


SUPPLEMENT Dated December 15, 2010
To The Prospectuses Dated April 30, 2010 For
 
ING GoldenSelect Access ING GoldenSelect Landmark ING SmartDesign Advantage
ING GoldenSelect DVA Plus ING GoldenSelect Premium Plus ING SmartDesign Signature
ING GoldenSelect ESII ING Architect Variable Annuity ING SmartDesign Variable Annuity
 
Issued By ING USA Annuity and Life Insurance Company
Through Its Separate Account B
 
And
 
ING Equi-Select
Issued By ING USA Annuity and Life Insurance Company
Through Its Separate Account EQ
 
And
 
ING Empire Traditions Variable Annuity
Issued by ReliaStar Life Insurance Company of New York
Through its Separate Account NY-B

 

This supplement updates the prospectus for your variable annuity contract. Please read it carefully and
keep it with your copy of the prospectus for future reference. The following information only affects you
if you currently invest or plan to invest in a subaccount that corresponds to the funds referenced below.
If you have any questions, please call our Customer Contact Center at 1-800-366-0066.

I. Information Regarding Fund Changes and Fund Availability

 

1. Effective after the close of business on or about January 21, 2011 the ING Growth and Income Portfolio
(Class S) will be closed to new investments. There will be no further mention of the ING Growth and Income
Portfolio (Class S) in future prospectuses. Unless you provide us with alternative allocation instructions, any
subsequent allocation(s) designated to the subaccount that invests in the ING Growth and Income Portfolio (Class S)
will be allocated proportionally among the other subaccount(s) in your current allocation.

2. Effective after the close of business on or about January 21, 2011 the following investment portfolios will be
added under your Contract. The sections in the prospectus regarding investment portfolios will be revised
accordingly:

Fund Name Investment Adviser/ Subadviser Investment Objective
ING Investors Trust    
ING American Funds Global Growth Investment Adviser: ING Seeks long-term growth of capital while
and Income Portfolio Investments, LLC providing current income.
  Investment Adviser to Master  
  Funds: Capital Research and  
  Management Company  
ING American Funds International Investment Adviser: ING Seeks long-term growth of capital while
Growth and Income Portfolio Investments, LLC providing current income.
  Investment Adviser to Master  
  Funds: Capital Research and  
  Management Company  
ING Global Resources Portfolio Investment Adviser: Directed Seeks long-term capital appreciation.
(Class ADV) Services LLC  
  Investment Subadviser: ING  
  Investment Management Co.  

 

MULTIVA-10A 1 12/15/2010

 

 

Fund Name Investment Adviser/ Subadviser Investment Objective
ING Investors Trust    
ING Large Cap Value Portfolio Investment Adviser: Directed Seeks growth of capital and current income.
(Class S) Services LLC  
  Investment Subadviser: ING  
  Investment Management Co.  
ING Variable Funds    
ING Growth and Income Portfolio Investment Adviser: ING Seeks to maximize total return through
(Class ADV) Investments, LLC investments in a diversified portfolio of
  Investment Subadviser: ING common stock and securities convertible
  Investment Management Co. into common stocks.

 

3. Effective January 24, 2011 the following investment portfolios that were previously closed will be made
available to new investments. The sections in the prospectus regarding investment portfolios will be revised
accordingly:

Fund Name Investment Adviser/ Subadviser Investment Objective
ING Investors Trust    
ING JP Morgan Emerging Markets Investment Adviser: Directed Seeks capital appreciation.
Equity Portfolio (Class S) Services LLC  
Investment Subadviser: J.P.   
  Morgan Investment Management  
  Inc.  
ING T. Rowe Price International Investment Adviser: Directed Seeks long-term growth of capital.
Stock Portfolio (Class S) (previously, Services LLC  
ING Marsico International Investment Subadviser: T. Rowe  
Opportunities Portfolio) Price Associates, Inc.  
ING Partners, Inc.    
ING Oppenheimer Global Portfolio Investment Adviser: Directed Seeks capital appreciation.
(Class S) Services LLC  
  Investment Subadviser:  
  OppenheimerFunds, Inc.  

 

4. Effective August 31, 2010 the ING Wells Fargo Health Care Portfolio is a diversified fund. The information
appearing in the prospectus regarding the ING Wells Fargo Health Care Portfolio is revised accordingly.

MULTIVA-10A 2 12/15/2010

 

 

II. Notice of Upcoming Fund Reorganizations

 

Effective after the close of business on or about January 21, 2011, the following Disappearing Portfolios will
reorganize into and become part of the following Surviving Portfolios:

Disappearing Portfolios Surviving Portfolios
ING American Funds Growth-Income Portfolio ING Growth and Income Portfolio (Class ADV)
ING BlackRock Large Cap Value Portfolio (Class S) ING T. Rowe Price Equity Income Portfolio (Class S)
ING Lord Abbett Growth and Income Portfolio (Class S) ING Large Cap Value Portfolio (Class S)
  (formerly ING Pioneer Equity Income Portfolio)
ING Morgan Stanley Global Tactical Asset Allocation Portfolio ING American Funds World Allocation Portfolio
(Class S)  
ING Legg Mason ClearBridge Aggressive Growth Portfolio ING Large Cap Growth Portfolio (Class S)
(Service Class)  

 

Information Regarding the Portfolio Reorganizations:

 

The Board of Trustees of ING Investors Trust and the Board of Directors of ING Partners, Inc. have approved
proposals for the reorganizations referenced above. The reorganizations are also subject to shareholder approval. If
shareholder approval is obtained, each reorganization is expected to take place on or about January 21, 2011, resulting
in a shareholder of a given Disappearing Portfolio becoming a shareholder of the corresponding Surviving Portfolio.
Each shareholder will thereafter hold shares of the Surviving Portfolio having equal aggregate value as shares of the
Disappearing Portfolio, and the Disappearing Portfolio will no longer be available under the contract.

Unless you provide us with alternative allocation instructions, all future allocations directed to a given Disappearing
Portfolio will be automatically allocated to the corresponding Surviving Portfolio. You may give us alternative
allocation instructions at any time by contacting our Customer Contact Center at 1-800-366-0066.

As of the relevant effective date noted above, any references in the prospectus to the Disappearing Portfolios as being
available under the contract are deleted and all references to them will be replaced by the corresponding Surviving
Portfolio.

III. Other Information

 

ING Funds Distributor, LLC has changed its name to ING Investments Distributor, LLC. All references to ING
Funds Distributor, LLC in the current Prospectuses and Statements of Additional Information are hereby replaced
with ING Investments Distributor, LLC.

MULTIVA-10A 3 12/15/2010

 

 

PART C - OTHER INFORMATION 

 

ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS 
 
Financial Statements: 
(a)(1)  Incorporated by reference in Part A: 
  Condensed Financial Information 
(2)  Incorporated by reference in Part B: 
Financial Statements of ING USA Annuity and Life Insurance Company:
  -  Report of Independent Registered Public Accounting Firm 
  -  Statements of Operations for the years ended December 31, 2009, 2008 and 2007 
  -  Balance Sheets as of December 31, 2009 and 2008 
  -  Statements of Changes in Shareholder’s Equity for the years ended December 31, 
    2009, 2008 and 2007 
  -  Statements of Cash Flows for the years ended December 31, 2009, 2008 and 2007 
  -  Notes to Financial Statements 
  Financial Statements of Separate Account B: 
  -  Report of Independent Registered Public Accounting Firm 
  -  Statements of Assets and Liabilities as of December 31, 2009 
  -  Statements of Operations for the year ended December 31, 2009 
  -  Statements of Changes in Net Assets for the years ended December 31, 2009 and 2008 
  -  Notes to Financial Statements 
  Condensed Financial Information (Accumulation Unit Values) 
 
Exhibits:   
(b)     
 
(1)    Resolution of the board of directors of Depositor authorizing the establishment of the 
    Registrant, incorporated herein by reference to Post-Effective Amendment No. 29 to a 
    Registration Statement on form N-4 for Golden American Life Insurance Company 
    Separate Account B filed with the Securities and Exchange Commission on April 30, 
    1999 (File Nos. 033-23351, 811-05626). 
 
(2)    Not Applicable 
 
(3)  (a)  Distribution Agreement between the Depositor and Directed Services, Inc., 
    incorporated herein by reference to Post-Effective Amendment No. 29 to a 
    Registration Statement on form N-4 for Golden American Life Insurance Company 
    Separate Account B filed with the Securities and Exchange Commission on April 30, 
    1999 (File Nos. 033-23351, 811-05626). 
 
  (b)  Form of Dealers Agreement, incorporated herein by reference to Post-Effective 
    Amendment No. 29 to a Registration Statement on form N-4 for Golden American Life 
    Insurance Company Separate Account B filed with the Securities and Exchange 
    Commission on April 30, 1999 (File Nos. 033-23351, 811-05626). 
 
  (c)  Organizational Agreement, incorporated herein by reference to Post-Effective 
    Amendment No. 29 to a Registration Statement on form N-4 for Golden American Life 
    Insurance Company Separate Account B filed with the Securities and Exchange 
    Commission on April 30, 1999 (File Nos. 033-23351, 811-05626). 

 


  (d)  Addendum to Organizational Agreement, incorporated herein by reference to Post- 
    Effective Amendment No. 29 to a Registration Statement on form N-4 for Golden 
    American Life Insurance Company Separate Account B filed with the Securities and 
    Exchange Commission on April 30, 1999 (File Nos. 033-23351, 811-05626). 
 
  (e)  Expense Reimbursement Agreement, incorporated herein by reference to Post- 
    Effective Amendment No. 29 to a Registration Statement on form N-4 for Golden 
    American Life Insurance Company Separate Account B filed with the Securities and 
    Exchange Commission on April 30, 1999 (File Nos. 033-23351, 811-05626). 
 
  (f)  Form of Assignment Agreement for Organizational Agreement, incorporated herein by 
    reference to Post-Effective Amendment No. 29 to a Registration Statement on form N- 
    4 for Golden American Life Insurance Company Separate Account B filed with the 
    Securities and Exchange Commission on April 30, 1999 (File Nos. 033-23351, 811- 
    05626). 
 
  (g)  Amendment to the Distribution Agreement between ING USA and Directed Services 
    Inc., incorporated herein by reference to Post-Effective Amendment No. 26 to a 
    Registration Statement on Form N-4 for ING USA Annuity and Life Insurance 
    Company Separate Account B filed with the Securities and Exchange Commission on 
    April 13, 2004 (File Nos. 333-28755, 811-05626). 
 
 
(4)  (a)  Deferred Combination Variable and Fixed Annuity Group Master Contract, (GA-MA- 
    1090), incorporated herein by reference to Pre-Effective Amendment No. 1 to a 
    Registration Statement on form N-4 for Golden American Life Insurance Company 
    Separate Account B filed with the Securities and Exchange Commission on October 
    26, 2001 (File Nos. 333-63692, 811-05626). 
 
  (b)  Deferred Combination Variable and Fixed Annuity Contract, (GA-IA-1090), 
    incorporated herein by reference to Pre-Effective Amendment No. 1 to a Registration 
    Statement on form N-4 for Golden American Life Insurance Company Separate 
    Account B filed with the Securities and Exchange Commission on October 26, 2001 
    (File Nos. 333-63692, 811-05626). 
 
  (c)  Deferred Combination Variable and Fixed Annuity Certificate, (GA-CA-1090), 
    incorporated herein by reference to Pre-Effective Amendment No. 1 to a Registration 
    Statement on form N-4 for Golden American Life Insurance Company Separate 
    Account B filed with the Securities and Exchange Commission on October 26, 2001 
    (File Nos. 333-63692, 811-05626). 
 
  (d)  Individual Retirement Annuity Rider, (GA-RA-1009 12/02), incorporated herein by 
    reference to Post-Effective Amendment No. 34 to a Registration Statement on form N- 
    4 for Golden American Life Insurance Company Separate Account B filed with the 
    Securities and Exchange Commission on April 15, 2003 (File Nos. 033-23351, 811- 
    05626). 
 
  (e)  Roth Individual Retirement Annuity Rider, (GA-RA-1038 12/02), incorporated herein 
    by reference to Post-Effective Amendment No. 34 to a Registration Statement on form 
    N-4 for Golden American Life Insurance Company Separate Account B filed with the 
    Securities and Exchange Commission on April 15, 2003 (File Nos. 033-23351, 811- 
    05626). 

 


(f)  403(b) Rider, (GA-RA-1040), incorporated herein by reference to Post-Effective 
  Amendment No. 34 to a Registration Statement on form N-4 for Golden American Life 
  Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 15, 2003 (File Nos. 033-23351, 811-05626). 
 
(g)  Earnings Enhancement Death Benefit Rider (GA-RA-1086), incorporated herein by 
  reference to Pre-Effective Amendment No. 1 to a Registration Statement on Form N-4 
  for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on October 26, 2001 (File Nos. 333-63692, 811- 
  05626). 
 
(h)  Endorsement for Premium Bonus Credit (GA-RA-1096), incorporated herein by 
  reference to Pre-Effective Amendment No. 1 to a Registration Statement on Form N-4 
  for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on October 26, 2001 (File Nos. 333-63692, 811- 
  05626). 
 
(i)  Minimum Guaranteed Accumulation Benefit Rider (GA-RA-1045) (01/02), 
  incorporated herein by reference to Post-Effective Amendment No. 3 to a Registration 
  Statement on Form N-4 for Golden American Life Insurance Company Separate 
  Account B filed with the Securities and Exchange Commission on July 3, 2003 (File 
  Nos. 333-63692, 811-05626). 
 
(j)  Death Benefit Option Packages Endorsement (GA-RA-1117), incorporated herein by 
  reference to Post-Effective Amendment No. 6 to a Registration Statement on Form N- 
  4 for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on October 3, 2003 (File Nos. 333-63692, 811- 
  05626). 
 
(k)  Minimum Guaranteed Withdrawal Benefit Rider with Reset and Set Up Option (GA- 
  RA-1046), incorporated herein by reference to Post-Effective Amendment No. 7 to a 
  Registration Statement on Form N-4 for Golden American Life Insurance Company 
  Separate Account B filed with the Securities and Exchange Commission on February 
  18, 2004 (File Nos. 333-63692, 811-05626). 
 
(l)  GET Fund Endorsement (GA-RA-1085), incorporated herein by reference to Post- 
  Effective Amendment No. 3 to a Registration Statement on Form N-4 for Golden 
  American Life Insurance Company Separate Account B filed with the Securities and 
  Exchange Commission on July 3, 2003 (File Nos. 333-63692, 811-05626). 
 
(m)  Simple Retirement Account Rider (GA-RA-1026) (12/02), incorporated herein by 
  reference to Post-Effective Amendment No. 34 to a Registration Statement on Form 
  N-4 for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on April 15, 2003 (File Nos. 033-23351, 811- 
  05626). 
 
(n)  Section 72 Rider (GA-RA-1001) (12/94), incorporated herein by reference to 
           Registration Statement on Form N-4 for ING USA Annuity and Life Insurance
  Company Separate Account B filed with the Securities and Exchange Commission on 
  May 9, 2006 (File Nos. 333-133944, 811-05626). 
 
(o)  Section 72 Rider (GA-RA-1002) (12/94), incorporated herein by reference to 
           Registration Statement on Form N-4 for ING USA Annuity and Life Insurance
  Company Separate Account B filed with the Securities and Exchange Commission on 
  May 9, 2006 (File Nos. 333-133944, 811-05626). 

 


  (p)  Nursing Home Waiver for Group Certificates (GA-RA-1003) (12/94), incorporated 
    herein by reference to Registration Statement on Form N-4 for ING USA Annuity and 
    Life Insurance Company Separate Account B filed with the Securities and Exchange 
    Commission on May 9, 2006 (File Nos. 333-133944, 811-05626). 
 
  (q)  Nursing Home Waiver for Individual Certificates (GA-RA-1004) (12/94), 
    incorporated herein by reference to Registration Statement on Form N-4 for ING USA 
    Annuity and Life Insurance Company Separate Account B filed with the Securities 
    and Exchange Commission on May 9, 2006 (File Nos. 333-133944, 811-05626). 
 
  (r)  Company Address and Name Change Endorsement, incorporated herein by reference 
    to Post-Effective Amendment No. 25 to a Registration Statement on Form N-4 for ING 
    USA Annuity and Life Insurance Company Separate Account B filed with the 
    Securities and Exchange Commission on February 13, 2004 (File Nos. 333-28679, 
    811-05626). 
 
(5)    ING SmartDesign Advantage Variable Annuity Customer Data Form, (GA-CDF- 
    1095) (01/15/03) 111475, incorporated herein by reference to Post-Effective 
    Amendment No. 2 to a Registration Statement on form N-4 for Golden American Life 
    Insurance Company Separate Account B filed with the Securities and Exchange 
                       Commission on April 16, 2003 (File Nos. 333-63692, 811-05626).
 
(6)  (a)  Amendment to Articles of Incorporation Providing for the Name Change of Golden 
    American Life Insurance Company, dated (11/21/03), incorporated herein by 
    reference to Post-Effective Amendment No. 1 to a Registration Statement on Form S- 
    1 for ING USA Annuity and Life Insurance Company filed with the Securities and 
    Exchange Commission on April 9, 2007 (File Nos. 333-133076). 
 
  (b)  Amendment to Articles of Incorporation Providing for the Change in Purpose and 
    Powers of ING USA Annuity and Life Insurance Company, dated (03/04/04), 
    incorporated herein by reference to Post-Effective Amendment No. 1 to a Registration 
    Statement on Form S-1 for ING USA Annuity and Life Insurance Company filed with 
    the Securities and Exchange Commission on April 9, 2007 (File Nos. 333-133076). 
 
  (c)  Amended and Restated By-Laws of ING USA Annuity and Life Insurance Company, 
    dated (12/15/04), incorporated herein by reference to Post-Effective Amendment No. 1 
    to a Registration Statement on Form S-1 for ING USA Annuity and Life Insurance 
    Company filed with the Securities and Exchange Commission on April 9, 2007 (File 
    Nos. 333-133076). 
 
  (d)  Resolution of the board of directors for Powers of Attorney, dated (04/23/99), 
    incorporated herein by reference to Post-Effective Amendment No. 29 to a 
    Registration Statement on form N-4 for Golden American Life Insurance Company 
    Separate Account B filed with the Securities and Exchange Commission on April 30, 
    1999 (File Nos. 033-23351, 811-05626). 
 
  (e)  Articles of Merger and Agreement and Plan of Merger of USGALC, ULAIC, ELICI 
    into GALIC and renamed ING USA Annuity and Life Insurance Company, dated 
    (06/25/03), incorporated herein by reference to Post-Effective Amendment No. 25 to a 
    Registration Statement on Form N-4 for ING USA Annuity and Life Insurance 
    Company Separate Account B filed with the Securities and Exchange Commission on 
    February 13, 2004 (File Nos. 333-28679, 811-05626). 
 
(7)    Not applicable. 

 


(8)  (a)  Service Agreement by and between Golden American Life Insurance Company and 
    Directed Services, Inc., incorporated herein by reference to Post-Effective 
    Amendment No. 28 to a Registration Statement on form N-4 for Golden American 
    Life Insurance Company Separate Account B filed with the Securities and Exchange 
    Commission on May 1, 1998 (File Nos. 033-23351, 811-05626). 
 
  (b)  Asset Management Agreement between Golden American Life Insurance Company 
    and ING Investment Management LLC, incorporated herein by reference to Post- 
    Effective Amendment No. 29 to a Registration Statement on form N-4 for Golden 
    American Life Insurance Company Separate Account B filed with the Securities and 
    Exchange Commission on April 30, 1999 (File Nos. 033-23351, 811-05626). 
 
  (c)  Participation Agreement between Golden American Life Insurance Company and 
    Aetna Variable Fund, Aetna Variable Encore Fund, Aetna Income Shares, Aetna 
    Balanced VP, Inc., Aetna GET Fund, on behalf of each of its series, and Aetna 
    Variable Portfolios, Inc., on behalf of each of its series (each a "Fund" or in the 
    aggregate "Funds"), and Aeltus Investment Management, Inc. ("Aeltus" or "Adviser"), 
    incorporated herein by reference to Post-Effective Amendment No. 1 to a Registration 
    Statement on Form N-4 for Separate Account B filed with the Securities and 
    Exchange Commission on April 29, 2002 (File Nos. 333-63692, 811-05626). 
 
  (d)  Form of Participation Agreement between Golden American Life Insurance 
    Company, Alliance Capital Management L.P., Alliance Fund Distributors, Inc., 
    Alliance Variable Products Series Fund, Inc. and Directed Services, Inc., incorporated 
    herein by reference to Pre-Effective Amendment No. 1 to a Registration Statement on 
    Form N-4 for Separate Account B filed with the Securities and Exchange Commission 
    on October 26, 2001 (File Nos. 333-63692, 811-05626). 
 
  (e)  Participation Agreement by and between AIM Variable Insurance Funds, Inc., Golden 
    American Life Insurance Company and Directed Services, Inc., incorporated herein by 
    reference to Post-Effective Amendment No. 32 to a Registration Statement on form N- 
    4 for Golden American Life Insurance Company Separate Account B filed with the 
    Securities and Exchange Commission on April 26, 2002 (File Nos. 033-23351, 811- 
    05626). 
 
  (f)  Amendment to Participation Agreement by and between AIM Variable Insurance 
    Funds, Inc., Golden American Life Insurance Company and Directed Services, Inc., 
    incorporated herein by reference to Post-Effective amendment No. 8 to a Registration 
    Statement on Form N-4 for ING USA Annuity and Life Insurance Company Separate 
    Account B filed with the Securities and Exchange Commission on December 2, 2005 
    (File Nos. 333-33914, 811-05626). 
 
  (g)  Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 
    16, 2007 between AIM Investment Services, Inc., ING Life Insurance and Annuity 
    Company, ING National Trust, ING USA Annuity and Life Insurance Company, 
    ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, 
    Security Life of Denver Insurance Company and Systematized Benefits Administrators 
    Inc., incorporated by reference to Post-Effective Amendment No. 50 to Registration 
    Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007. 

 


(h)  Participation Agreement between Golden American Life Insurance Company, 
            INVESCO Variable Investment Funds, Inc., INVESCO Funds Group, Inc. and
  INVESCO Distributors, Inc. incorporated herein by reference to Post-Effective 
  amendment No. 1 to a Registration Statement on Form N-4 for ING USA Annuity and 
  Life Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 29, 2002 (File Nos. 333-63692, 811-05626). 
 
(i)  Participation Agreement and between Golden American Life Insurance Company and 
  Janus Aspen Series, incorporated herein by reference to Post-Effective amendment 
  No. 1 to a Registration Statement on Form N-4 for ING USA Annuity and Life 
  Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 29, 2002 (File Nos. 333-63692, 811-05626). 
 
(j)  Participation Agreement between Golden American Life Insurance Company, Brinson 
  Series Trust and Brinson Advisors, Inc., incorporated by reference to Post-Effective 
  Amendment No. 1 to the Registration Statement on Form N-4 for Separate Account B 
  filed with the Securities and Exchange Commission on October 26, 2001 (File Nos. 
  333-63692, 811-05626). 
 
(k)  Participation Agreement by and between ING Investors Trust, Golden American Life 
  Insurance Company and Directed Services, Inc., incorporated herein by reference to 
  Post-Effective Amendment No. 6 to a Registration Statement on Form N-4 for ING 
           USA Annuity and Life Insurance Company Separate Account B filed with the
  Securities and Exchange Commission on April 21, 2005 (File Nos. 333-70600, 811- 
  05626). 
 
(l)  Rule 22c-2 Agreement dated no later than April 16, 2007 is effective October 16, 2007 
  between ING Funds Services, LLC, ING Life Insurance and Annuity Company, ING 
  National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life 
  Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of 
           Denver Insurance Company and Systematized Benefits Administrators Inc.,
           incorporated by reference to Post-Effective Amendment No. 50 to Registration
  Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007. 
 
(m)  Participation Agreement by and between ING Variable Insurance Trust, Golden 
  American Life Insurance Company and ING Mutual Funds Management Co. LLC and 
  ING Funds Distributor, Inc., incorporated herein by reference to Post-Effective 
  amendment No. 32 to a Registration Statement on form N-4 for Golden American Life 
  Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 26, 2002 (File Nos. 033-23351, 811-05626). 
 
(n)  Participation Agreement by and between Pilgrim Variable Products Trust, Golden 
  American Life Insurance Company and Directed Services, Inc., incorporated herein 
  by reference to Post-Effective amendment No. 32 to a Registration Statement on form 
  N-4 for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on April 26, 2002 (File Nos. 033-23351, 811- 
  05626). 
 
(o)  Amendment to Participation Agreement by and between ING Variable Products Trust, 
  Golden American Life Insurance Company, ING Investments, LLC and ING Funds 
  Distributor, Inc., incorporated herein by reference to Post-Effective amendment No. 8 
  to a Registration Statement on Form N-4 for ING USA Annuity and Life Insurance 
  Company Separate Account B filed with the Securities and Exchange Commission on 
  December 2, 2005 (File Nos. 333-33914, 811-05626). 

 


(p)  Participation Agreement by and between ING Variable Portfolios, Inc., Golden 
  American Life Insurance Company and Directed Services, Inc., incorporated herein 
  by reference to Post-Effective Amendment No. 1 to a Registration Statement on Form 
  N-4 for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on April 29, 2002 (File Nos. 333-70600, 811- 
  05626). 
 
(q)  Participation Agreement by and between Portfolio Partners, Inc., Golden American 
  Life Insurance Company and Directed Services, Inc., incorporated herein by reference 
  to Post-Effective Amendment No. 1 to a Registration Statement on Form N-4 for 
         Golden American Life Insurance Company Separate Account B filed with the
  Securities and Exchange Commission on April 29, 2002 (File Nos. 333-70600, 811- 
  05626). 
 
(r)  Amendment to Participation Agreement by and between Portfolio Partners, Inc., 
  Golden American Life Insurance Company and Directed Services, Inc., incorporated 
  herein by reference to Post-Effective Amendment No. 1 to a Registration Statement 
  on Form N-4 for Golden American Life Insurance Company Separate Account B filed 
  with the Securities and Exchange Commission on April 29, 2002 (File Nos. 333- 
  70600, 811-05626). 
 
(s)  Second Amendment to Participation Agreement by and between ING Partners, Inc., 
         Golden American Life Insurance Company, ING Life Insurance and Annuity
  Company and ING Financial Advisers, LLC, incorporated herein by reference to Post- 
  Effective amendment No. 8 to a Registration Statement on Form N-4 for ING USA 
  Annuity and Life Insurance Company Separate Account B filed with the Securities 
  and Exchange Commission on December 2, 2005 (File Nos. 333-33914, 811-05626). 
 
(t)  Participation Agreement by and between Fidelity Distributors Corporation, Golden 
         American Life Insurance Company and Variable Insurance Products Funds,
  incorporated herein by reference to Post-Effective amendment No. 32 to a Registration 
  Statement on form N-4 for Golden American Life Insurance Company Separate 
  Account B filed with the Securities and Exchange Commission on April 26, 2002 (File 
  Nos. 033-23351, 811-05626). 
 
(u)  Participation Agreement among Variable Insurance Products Funds, Fidelity 
          Distributors Corporation, ING Partners, Inc., ING Life Insurance and Annuity
  Company, ING USA Annuity and Life Insurance Company, ING Insurance Company 
  of America, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of 
  New York and Security Life of Denver Insurance Company dated November 11, 
  2004, incorporated herein by reference to Post-Effective Amendment No. 8 to a 
         Registration Statement on Form N-4 for ING USA Annuity and Life Insurance
  Company Separate Account B filed with the Securities and Exchange Commission on 
  December 2, 2005 (File Nos. 333-33914, 811-05626). 
 
(v)  Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 
  16, 2007 between Fidelity Distributors Corporation, ING Life Insurance and Annuity 
  Company, ING National Trust, ING USA Annuity and Life Insurance Company, 
  ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, 
  Security Life of Denver Insurance Company and Systematized Benefits Administrators 
  Inc., incorporated by reference to Post-Effective Amendment No. 50 to Registration 
  Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007. 

 


(w)  Amended and Restated Participation Agreement as of December 30, 2005 by and 
  among Franklin Templeton Variable Insurance Products Trust/Templeton Distributors, 
           Inc., ING Life Insurance and Annuity Company, ING USA Annuity and Life
  Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance 
  Company of New York and Directed Services, Inc., incorporated herein by reference to 
  Post Effective Amendment No. 17 of a Registration Statement on Form N-4 for 
  ReliaStar Life Insurance Company Separate Account NY-B filed with the Securities 
  and Exchange Commission on February 1, 2007 (File Nos. 333-85618, 811-07935). 
 
(x)  Participation Agreement by and between PIMCO Variable Insurance Trust, Golden 
  American Life Insurance Company and PIMCO Funds Distributors LLC, incorporated 
  herein by reference to Pre-Effective Amendment No. 1 to a Registration Statement on 
  Form N-4 for Golden American Life Insurance Company Separate Account B filed 
  with the Securities and Exchange Commission on June 23, 2000 (File Nos. 333-33914, 
  811-05626). 
 
(y)  Amendment to Participation Agreement by and between PIMCO Variable Insurance 
  Trust, Golden American Life Insurance Company and PIMCO Funds Distributors 
           LLC, incorporated herein by reference to Post-Effective Amendment No. 8 to a
           Registration Statement on Form N-4 for ING USA Annuity and Life Insurance
  Company Separate Account B filed with the Securities and Exchange Commission on 
  December 2, 2005 (File Nos. 333-33914, 811-05626). 
 
(z)  Participation Agreement by and between Pioneer Variable Contracts Trust, Golden 
           American Life Insurance Company, Pioneer Investment Management, Inc. and
  Pioneer Funds Distributor, Inc., incorporated herein by reference to Post-Effective 
  Amendment No. 32 to a Registration Statement on form N-4 for Golden American 
  Life Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 26, 2002 (File Nos. 033-23351, 811-05626). 
 
(aa)  Rule 22c-2 Agreement dated March 1, 2007 and is effective as of October 16, 2007 
           between Pioneer Investment Management Shareholder Services, Inc., ING Life
  Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life 
  Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance 
  Company of New York, Security Life of Denver Insurance Company and Systematized 
  Benefits Administrators Inc., incorporated by reference to Post-Effective Amendment 
  No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 
  15, 2007. 
 
(bb)  Participation Agreement by and between ProFunds, Golden American Life Insurance 
  Company and ProFunds Advisors LLC, incorporated herein by reference to Post- 
  Effective Amendment No. 8 to a Registration Statement on Form N-4 for ING USA 
  Annuity and Life Insurance Company Separate Account B filed with the Securities 
  and Exchange Commission on December 2, 2005 (File Nos. 333-33914, 811-05626). 
 
(cc)  Amendment to Participation Agreement by and between ProFunds, Golden American 
           Life Insurance Company and ProFunds Advisors LLC, incorporated herein by
  reference to Post-Effective Amendment No. 8 to a Registration Statement on Form N- 
  4 for ING USA Annuity and Life Insurance Company Separate Account B filed with 
  the Securities and Exchange Commission on December 2, 2005 (File Nos. 333-33914, 
  811-05626). 

 


(dd)  Participation Agreement between Golden American Life Insurance Company and 
           Putnam Variable Trust and Putnam Retail Management, L.P., incorporated by
  reference to Pre-Effective Amendment No. 1 to the Registration Statement on Form 
  N-4 for Separate Account B filed with the Securities and Exchange Commission on 
  October 26, 2001 (File Nos. 333-63692, 811-05626). 
 
(ee)  Participation Agreement by and between Prudential Series Fund, Inc., Golden 
  American Life Insurance Company Prudential Insurance Company of America and 
  Prudential Investment Management Services LLC, incorporated herein by reference to 
  Pre-Effective Amendment No. 1 to a Registration Statement on Form N-4 for Golden 
  American Life Insurance Company Separate Account B filed with the Securities and 
           Exchange Commission on June 23, 2000 (File Nos. 333-33914, 811-05626).
 
(ff)  Amendment to Participation Agreement by and between Prudential Series Fund, Inc., 
  Golden American Life Insurance Company, Prudential Insurance Company of America 
            and Prudential Investment Management Services LLC, incorporated herein by
  reference to Post-Effective Amendment No. 9 to a Registration Statement on form N-4 
  for Golden American Life Insurance Company Separate Account B filed with the 
  Securities and Exchange Commission on December 15, 2000 (File Nos. 333-28679, 
  811-05626). 
 
(gg)  Rule 22c-2 Agreement dated no later than April 16, 2007, and is effective as of 
           October 16, 2007, between BlackRock Distributors, Inc., on behalf of and as
  distributor for the BlackRock Funds and the Merrill Lynch family of funds and ING 
  Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and 
  Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance 
  Company of New York, Security Life of Denver Insurance Company and Systematized 
  Benefits Administrators Inc. incorporated by reference to Post-Effective Amendment 
  No. 43 to a Registration Statement on Form N-4 for ING USA Annuity and Life 
  Insurance Company Separate Account B filed with the Securities and Exchange 
  Commission on April 7, 2008 (File Nos. 333-28755, 811-05626). 
 
(hh)  Participation Agreement dated April 25, 2008, by and among BlackRock Variable 
  Series Funds, Inc., BlackRock Distributors, Inc., ING USA Annuity and Life Insurance 
  Company and ReliaStar Life Insurance Company of New York, incorporated herein by 
  reference to Post-Effective Amendment No. 26 to the Form N-6 Registration Statement 
  of ReliaStar Life Insurance Company and its Select*Life Separate Account, filed on 
  April 7, 2009; file No. 33-57244. 
 
(ii)  Amendment No. 1 dated as of April 24, 2008 and effective as of May 1, 2009, to the 
  Participation Agreement dated April 25, 2008, by and between BlackRock Variable 
  Series Funds, Inc., BlackRock Investments, LLC and ING USA Annuity and Life 
  Insurance Company and ReliaStar Life Insurance Company of New York, incorporated 
  herein by reference to Post-Effective Amendment No. 27 to the Form N-6 Registration 
  Statement of ReliaStar Life Insurance Company and its Select*Life Separate Account, 
  filed on August 18, 2009; file No. 33-57244. 
 
(jj)  Administrative Services Agreement dated April 25, 2008, by and among BlackRock 
  Advisors, LLC and ING USA Annuity and Life Insurance Company and ReliaStar Life 
  Insurance Company of New York, incorporated herein by reference to Post-Effective 
           Amendment No. 26 to the Form N-6 Registration Statement of ReliaStar Life
  Insurance Company and its Select*Life Separate Account, filed on April 7, 2009; file 
  No. 33-57244. 

 


(kk)  Amendment No. 1, dated as of April 24, 2009, and effective as of May 1, 2009, to 
  Administrative Services Agreement dated April 25, 2008, by and among BlackRock 
  Variable Series Funds, Inc., BlackRock Investment, LLC and ING USA Annuity and 
  Life Insurance Company and ReliaStar Life Insurance Company of New York, 
  incorporated herein by reference to Post-Effective Amendment No. 27 to the Form N-6 
  Registration Statement of ReliaStar Life Insurance Company and its Select*Life 
  Separate Account, filed on August 18, 2009; file No. 33-57244. 
 
(ll)  Participation Agreement among ING Investors Trust, Directed Services LLC, ING 
  USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company of 
  New York, DFA Investment Dimensions Group Inc. and Dimensional Fund Advisors 
  LP dated April 29, 2010, incorporated herein by reference to Post-Effective 
  Amendment No. 54 to a Registration Statement on Form N-4 for ING USA Annuity 
  and Life Insurance Company Separate Account B filed with the Securities and 
  Exchange Commission on December 15, 2010 (File Nos. 333-28679, 811-05626). 
 
(mm)  Amendment No. 1, dated as of September 20, 2010, to Participation Agreement among 
  ING Investors Trust, Directed Services LLC, ING USA Annuity and Life Insurance 
  Company, ReliaStar Life Insurance Company of New York, DFA Investment 
  Dimensions Group Inc. and Dimensional Fund Advisors LP dated April 29, 2010, 
  incorporated herein by reference to Post-Effective Amendment No. 54 to a 
  Registration Statement on Form N-4 for ING USA Annuity and Life Insurance 
  Company Separate Account B filed with the Securities and Exchange Commission on 
  December 15, 2010 (File Nos. 333-28679, 811-05626). 
 
 
(nn)  Rule 22c-2 Agreement dated April 16, 2007 and is effective as of October 16, 2007 
  among Columbia Management Services, Inc., ING Life Insurance and Annuity 
  Company, ING National Trust, ING USA Annuity and Life Insurance Company, 
  ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, 
  Security Life of Denver Life Insurance Company and Systematized Benefits 
  Administrators Inc., incorporated by reference to Post-Effective Amendment No. 3 to 
  Registration Statement on Form N-4 (File No. 333-134760), as filed on July 27, 2007 
 
(9)  Opinion and Consent of Counsel, attached. 
 
(10)  Consent of Independent Registered Public Accounting Firm, attached. 
 
(11)  Not applicable. 
 
(12)  Not applicable. 
 
(13)  Powers of Attorney, attached. 
 
ITEM 25: DIRECTORS AND OFFICERS OF THE DEPOSITOR 

 

Name  Principal Business Address  Position(s) with Depositor 
Michael S. Smith*  1475 Dunwoody Drive  President and Director 
  West Chester, PA 19380   
Thomas J. McInerney*  One Orange Way  Director and Chairman 
  Windsor, CT 06095-4774   
Donald W. Britton*  5780 Powers Ferry Road  Director 
  Atlanta, GA 30327-4390   
Robert G. Leary*  230 Park Avenue  Director 
  New York, NY 10169   

 


Name  Principal Business Address  Position(s) with Depositor 
Lynne R. Ford*  230 Park Avenue  Director 
  New York, NY 10169   
Catherine H. Smith*  One Orange Way  Director and Senior Vice President 
  Windsor, CT 06095-4774   
Ewout L. Steenbergen*  230 Park Avenue  Chief Financial Officer, Director 
  New York, NY 10169  and Executive Vice President 
Steven T. Pierson*  5780 Powers Ferry Road  Senior Vice President and Chief 
  Atlanta, GA 30327-4390  Accounting Officer 
Boyd G. Combs  5780 Powers Ferry Road  Senior Vice President, Tax 
  Atlanta, GA 30327-4390   
Mark B. Kaye  1475 Dunwoody Drive  Senior Vice President 
  West Chester, PA 19380   
Timothy Matson  One Orange Way  Senior Vice President 
  Windsor, CT 06095-4774   
Daniel P. Mulheran, Sr.  20 Washington Avenue South  Senior Vice President 
  Minneapolis, MN 55401   
Prakash Shimpi  230 Park Avenue  Senior Vice President 
  New York, NY 10169   
David S. Pendergrass  5780 Powers Ferry Road  Senior Vice President and Treasurer 
  Atlanta, GA 30327-4390   
Patrick D. Lusk  1475 Dunwoody Drive  Vice President and Appointed 
  West Chester, PA 19380  Actuary 
Linda E. Senker  1475 Dunwoody Drive  Vice President and Chief 
  West Chester, PA 19380  Compliance Officer 
Joy M. Benner  20 Washington Avenue South  Secretary 
  Minneapolis, MN 55401   

 

  *Principal delegated legal authority to execute this registration statement pursuant to Powers of Attorney,
Exhibit 13, attached.

ITEM 26: PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH THE
DEPOSITOR OR REGISTRANT

Incorporated herein by reference to Item 28 in Pre-Effective Amendment No. 1 to the Registration
Statement on Form N-6 for Security Life Separate Account L1 of Security Life of Denver Insurance
Company (File No. 333-168047), as filed with the Securities and Exchange Commission on October 6,
2010.

ITEM 27: NUMBER OF CONTRACT OWNERS

As of October 29, 2010 there are 2,828 qualified contract owners and 3,044 non-qualified contract
owners.

ITEM 28: INDEMNIFICATION

ING USA shall indemnify (including therein the prepayment of expenses) any person who is or was a
director, officer or employee, or who is or was serving at the request of ING USA as a director, officer or
employee of another corporation, partnership, joint venture, trust or other enterprise for expenses
(including attorney's fees), judgments, fines and amounts paid in settlement actually and reasonably
incurred by him with respect to any threatened, pending or completed action, suit or proceedings against
him by reason of the fact that he is or was such a director, officer or employee to the extent and in the
manner permitted by law.


ING USA may also, to the extent permitted by law, indemnify any other person who is or was serving
ING USA in any capacity. The Board of Directors shall have the power and authority to determine who
may be indemnified under this paragraph and to what extent (not to exceed the extent provided in the
above paragraph) any such person may be indemnified.

A corporation may procure indemnification insurance on behalf of an individual who is or was a director
of the corporation. Consistent with the laws of the State of Iowa, ING America Insurance Holdings, Inc.
maintains Professional Liability and fidelity bond insurance policies issued by an international insurer.
The policies covers ING America Insurance Holdings, Inc. and any company in which ING America
Insurance Holdings, Inc. has a controlling financial interest of 50% or more. These policies include the
principal underwriter, as well as, the depositor and any/all assets under the care, custody and control of
ING America Insurance Holdings, Inc. and/or its subsidiaries. The policies provide for the following
types of coverage: errors and omissions/professional liability, employment practices liability and
fidelity/crime.

Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended, may be
permitted to directors, officers and controlling persons of the Registrant, as provided above or otherwise,
the Registrant has been advised that in the opinion of the SEC such indemnification by the Depositor is
against public policy, as expressed in the Securities Act of 1933, and therefore may be unenforceable. In
the event that a claim of such indemnification (except insofar as it provides for the payment by the
Depositor of expenses incurred or paid by a director, officer or controlling person in the successful
defense of any action, suit or proceeding) is asserted against the Depositor by such director, officer or
controlling person and the SEC is still of the same opinion, the Depositor or Registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question of whether such indemnification by the Depositor is against public
policy as expressed by the Securities Act of 1933 and will be governed by the final adjudication of such
issue.


ITEM 29: PRINCIPAL UNDERWRITER

(a) In addition to the Registrant, Directed Services LLC serves as principal underwriter for all contracts
issued by ING USA Annuity and Life Insurance Company through its Separate Accounts A, B and EQ
and Alger Separate Account A and ReliaStar Life Insurance Company of New York through its Separate
Account NY-B. Also, Directed Services LLC serves as investment advisor to ING Investors Trust and
ING Partners, Inc.

(b) The following information is furnished with respect to the principal officers and directors of Directed
Services LLC, the Registrant's Distributor.

Name  Principal Business Address  Positions and Offices with Underwriter 
 
Ann H. Hughes  1475 Dunwoody Drive, Floor 2B  President and Director 
  West Chester, PA 19380-1478   
 
Shaun P. Mathews  10 State House Square  Executive Vice President 
  Hartford, CT 06103   
 
William L. Lowe  One Orange Way  Director 
  Windsor, CT 06095   
 
Richard E. Gelfand  1475 Dunwoody Drive  Chief Financial Officer 
  West Chester, PA 19380-1478   
 
Kimberly A. Anderson  7337 E Doubletree Ranch Road,  Senior Vice President 
  Scottsdale, AZ 85258   
 
Michael J. Roland  7337 E Doubletree Ranch Road,  Senior Vice President 
  Scottsdale, AZ 85258   
 
Stanley D. Vyner  230 Park Avenue, 13th Floor  Senior Vice President 
  New York, NY 10169   
 
William D. Wilcox  One Orange Way  Chief Compliance Officer 
  Windsor, CT 06095   
 
Joseph M. O’Donnell  7337 E Doubletree Ranch Road  Investment Advisor Chief Compliance 
  Scottsdale, AZ 85258  Officer and Senior Vice President 
 
Julius A. Drelick, III  7337 E Doubletree Ranch Road  Vice President 
  Scottsdale, AZ 85258   
 
William A. Evans  10 State House Square  Vice President 
  Hartford, CT 06103   
 
Heather H. Hackett  230 Park Avenue, 13th Floor  Vice President 
  New York, NY 10169   
 
Jody Hrazanek  230 Park Avenue, 13th Floor  Vice President 
  New York, NY 10169   
 
Todd R. Modic  7337 E Doubletree Ranch Road  Vice President 
  Scottsdale, AZ 85258   

 


Name  Principal Business Address  Positions and Offices with Underwriter 
 
Jason R. Rausch  230 Park Avenue, 13th Floor  Vice President   
  New York, NY 10169         
 
Paul L. Zemsky  230 Park Avenue, 13th Floor  Vice President   
  New York, NY 10169         
 
David S. Pendergrass  7337 E Doubletree Ranch Road  Vice President and Treasurer 
  Scottsdale, AZ 85258         
Spencer T. Shell  5780 Powers Ferry Road  Vice President and Assistant Treasurer 
  Atlanta, GA 30327-4390       
 
Joy M. Benner  20 Washington Avenue South  Secretary   
  Minneapolis, MN 55401       
 
Randall K. Price  20 Washington Avenue South  Assistant Secretary   
  Minneapolis, MN 55401       
 
Susan M. Vega  20 Washington Avenue South  Assistant Secretary   
  Minneapolis, MN 55401       
 
G. Stephen Wastek  7337 E Doubletree Ranch Road  Assistant Secretary   
  Scottsdale, AZ 85258         
 
Bruce Kuennen  1475 Dunwoody Drive    Attorney-in-Fact   
  West Chester, PA 19380-1478       
 
(c)           
  2009 Net         
  Underwriting         
Name of Principal  Discounts and  Compensation  Brokerage   
Underwriter  Commission  on Redemption  Commissions  Compensation 
Directed Services LLC  $275,329,257  $0    $0  $0 

 

ITEM 30: LOCATION OF ACCOUNTS AND RECORDS

All accounts, books and other documents required to be maintained by Section 31(a) of the 1940 Act and
the rules under it relating to the securities described in and issued under this Registration Statement are
maintained by the Depositor and located at: 909 Locust Street, Des Moines, Iowa 50309, 1475 Dunwoody
Drive, West Chester, PA 19380 and at 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390.

ITEM 31: MANAGEMENT SERVICES

None.

ITEM 32: UNDERTAKINGS

(a) Registrant hereby undertakes to file a post-effective amendment to this registration statement as
frequently as it is necessary to ensure that the audited financial statements in the registration statement are
never more than 16 months old so long as payments under the variable annuity contracts may be
accepted;

(b) Registrant hereby undertakes to include either (1) as part of any application to purchase a contract
offered by the prospectus, a space that an applicant can check to request a Statement of Additional


Information, or (2) a post card or similar written communication affixed to or included in the prospectus
that the applicant can remove to send for a Statement of Additional Information; and

(c) Registrant hereby undertakes to deliver any Statement of Additional Information and any financial
statements required to be made available under this Form promptly upon written or oral request.


                                                            REPRESENTATIONS

1. The account meets the definition of a “separate account” under federal securities laws.

2. ING USA Annuity and Life Insurance Company hereby represents that the fees and charges deducted
under the Contract described in the Prospectus, in the aggregate, are reasonable in relation to the services
rendered, the expenses to be incurred and the risks assumed by the Company.


                                                                     SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant
certifies that it meets the requirement of Securities Act Rule 485(b) for effectiveness of this Post-
Effective Amendment to its Registration Statement on Form N-4 and has caused this Post-Effective
Amendment to be signed on its behalf in the City of West Chester and Commonwealth of Pennsylvania,
on the 15th day of December, 2010.

  SEPARATE ACCOUNT B 
  (Registrant) 
 
By:  ING USA ANNUITY AND LIFE INSURANCE COMPANY 
  (Depositor) 
 
By:   ________________
  Michael S. Smith* 
  President (principal executive officer) 
 
By:  /s/ Nicholas Morinigo 
  Nicholas Morinigo as 
  Attorney-in-Fact 

 

As required by the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement
has been signed by the following persons in the capacities indicated on December 15, 2010.

Signature  Title 
 
  President and Director 
Michael S. Smith*  (principal executive officer) 
 
  Director and Chairman 
Thomas J. McInerney*   
 
  Chief Accounting Officer 
Steven T. Pierson*   
 
  Chief Financial Officer, Director and 
Ewout L. Steenbergen*  Executive Vice President 
 
  Director and Senior Vice President 
Catherine H. Smith*   
 
Director 
Donald W. Britton*   
 
Director 
Robert G. Leary*   
 
Director 
Lynne R. Ford*   

 


By:  /s/ Nicholas Morinigo 
  Nicholas Morinigo as 
  Attorney-in-Fact 

 

*Executed by Nicholas Morinigo on behalf of those indicated pursuant to Powers of Attorney.


EXHIBIT INDEX
ITEM  EXHIBIT  PAGE # 
24(b)(9)  Opinion and Consent of Counsel  EX-99.B9 
24(b)(10)  Consent of Independent Registered Public Accounting Firm  EX-99.B10 
24(b)(13)  Powers of Attorney  EX-99.B13