Considering a Rollover?

Charlie and Rita have a lot to say about rollovers. Before you make any rollover decision though, carefully consider all available retirement options. Factors you should consider include, but are not limited to, investment or account-related fees and expenses, differing levels of service available and/or withdrawal penalties, as well as the limitation of one 60-day rollover per year. Consult a tax or legal advisor as tax consequences vary depending on state law and your individual situation. What's most important is to understand all the information before you determine what makes sense for you.



VAROOM is issued and guaranteed by Integrity Life Insurance Company, Cincinnati, OH, or National Integrity Life Insurance Company, Greenwich, NY, and is offered through Touchstone Securities, Inc.* Integrity Life Insurance Company operates in DC and all states except NY, where National Integrity Life Insurance Company operates. NAIC numbers 74780 & 75264. W&S Financial Group Distributors, Inc. is an affiliated agency of the issuers. Issuers have sole financial responsibility for their products. All are members of Western & Southern Financial Group. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age.

Passively managed, index-tracking ETFs tend to cost less than actively managed funds. Source: Vanguard Investment Counseling and Research "The Case for Index Fund Investing" April 2013 (most recent available).

Costs include an annual charge of 1.90% (0.75% M&E, 0.35% administration, 0.80% distribution) on assets and a withdrawal charge on any partial withdrawal over 10% of any account value. Withdrawal charges are applied to each premium for the first five years: 7% in the first year, 7% in year 2, 6% in year 3, 5% in year 4, 4% in year 5, and 0% thereafter. The distribution charge reimburses the insurance company for costs of distribution of VAROOM, including commissions paid to our distributors. VAROOM's optional Guaranteed Lifetime Withdrawal Benefit (GLWB) is available at issue for an additional charge. 

Payment of benefits under the annuity contract is the obligation of, and is guaranteed by, the insurance company issuing the annuity. Guarantees are based on the claims-paying ability of the insurer. There is no guarantee of the investment performance or safety of the variable investment options. Variable annuities are suited for long-term investing. Earnings and pre-tax payments are subject to income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest. Product approval, availability and features may vary by state. See your financial professional for availability, details and limitations. Issued as a single premium deferred annuity in Oregon.  For use with contract series ICC10 INT-15 1011, INT-15 1011, ICC10 NIL-15 1011, INT-15 1011 OR and NIL-15 1011 NY and rider series ICC10 IR.32 1011, IR.32 1011, IR.32 1011 OR, ICC10 IR.33 1011, IR.33 1011, IR.33 1011 OR, ICC10 IR.34 1011, IR.34 1011, ICC10 NR.32 1011, NR.32 1011 NY, ICC10 NR.33 1011, NR.33 1011 NY, ICC10 NR.34 1011 and NR.34 1011 NY.

Tax advantages of VAROOM exist solely through its qualification as an IRA; there is no additional tax advantage or deferral. VAROOM is subject to all laws governing IRAs, including but not limited to, age and contribution limits, early and late IRS withdrawal penalties and required minimum distributions. Western & Southern member companies and their agents do not offer tax advice. Consult an attorney or tax advisor. ETFs similar to the subaccount options in VAROOM may be purchased outside of it, without the fees and benefits associated with an annuity. Investment return and principal value of a variable annuity fluctuates, so redeemed units may be worth more or less than their original cost.

BLACKROCK and iSHARES are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners, used with permission. The iShares Funds are not sponsored, endorsed, issued, sold or promoted by JPMorgan Chase & Co., MSCI Inc., Markit Indices Limited, S&P Dow Jones Indices LLC or Standard & Poor's, nor are they sponsored, endorsed or issued by Barclays Capital Inc. None of these companies make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above. BlackRock's only relationship to Integrity and National Integrity is the licensing of certain trademarks and trade names of BlackRock. Integrity and National Integrity variable annuities and Touchstone ETF Funds are not sponsored, endorsed, sold or promoted by BlackRock. BlackRock makes no representations or warranties to the owners of Integrity and National Integrity variable annuities or any member of the public regarding the advisability of investing in Integrity or National Integrity variable annuities or the iShares Funds. BlackRock has no obligation or liability in connection with the operation, marketing, sale or trading of Integrity and National Integrity's variable annuities.

Vanguard, Connect with Vanguard®, and the ship logo are trademarks of The Vanguard Group, Inc.

Investors should carefully consider the investment objectives, risks, charges and expenses of the contract and the underlying investment options. This and other information is contained in the product and the underlying fund prospectuses and, if available, summary prospectuses. For prospectuses, call 800.325.8583 or visit Please read the prospectuses carefully before investing.

*A registered broker-dealer and member FINRA/SIPC.

No bank quarantee Not a deposit May lose value
Not FDIC/NCUA insured Not insured by any federal government agency
  • © 2018 Western & Southern Financial Group. All rights reserved.

  • CF-28-34000-1011
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