Looking for a Strong SPIA? You Found it!


Barron's Best

Barron's magazine recently ranked IncomeSource® near the top in many SPIA payout scenarios.
Source: Barron's, June 25, 2016.

Commutation Liquidity

IncomeSource offers emergency access to funds while the contract remains in force.

Comdex Strength

IncomeSource is backed by an issuer with a 96 out of 100 Comdex ranking1.

IncomeSource, a single premium immediate annuity (SPIA), lets you convert your saved assets into guaranteed income for as long as you choose — a set number of years or for life. IncomeSource also provides flexibility with features you can select for additional income options: commutation2, cash refund, increasing payout option and temporary life.

Issuer(s): Integrity Life Insurance Company | National Integrity Life Insurance Company


1. The Comdex Ranking is a composite of the financial strength ratings as determined by Standard & Poor’s, Moody’s, A.M. Best, and Fitch ratings. It ranks insurers on a scale of 1 to 100 (where 1 is the lowest) in an effort to reduce confusion over ratings because each rating agency uses a different scale. Ratings are subject to change from time to time. The ratings shown here are correct as of 10/01/2016.

2. Commutation currently unavailable in NY and OR. The commutation option is not available with life only payouts, temporary life payouts and certain period payouts of less than 10 years.

An immediate annuity is permanent. An owner has no access to the premium, which converts to income payouts. A contract has no cash value, no death benefit and can’t be surrendered. Terms such as the payout amounts, timing and rates cannot be changed, unless commutation elected. Payouts end at annuitant death unless certain period or installment refund option elected. Life contingent payout may be less or more than premium based on length of annuitant(s) life. Life and Temporary Life payouts provide no benefit on or after the death of the annuitant(s). The commutation rider is not available all states. IPO payments are initially lower than a payout option without IPO. IPO payments increase annually and at some point, depending on payout elected and annuitant’s longevity, exceed those received under an option without IPO. If annuitant dies prior to life expectancy, a payee may receive less total income with an IPO than without one.

Single Premium Immediate Annuity contract series ICC16 ENT-01 1701, ENT-01 1701 NY, ENT-01 1701-A NY, ENT-01 1701-B NY, ENT-01 1701-C NY, ENT-01 1701-D NY, ENT-01 1701-E NY, Deceased Commutation Rider series ICC09 ER.02 0901 and Living Commutation Rider series ICC09 ER.01 0901.

Payment of benefits under an 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. Annuities are issued and guaranteed by Western-Southern Life Assurance Company, Cincinnati, OH, Integrity Life Insurance Company, Cincinnati, OH, or National Integrity Life Insurance Company, Greenwich, NY. All are members of Western & Southern Financial Group. Western-Southern Life Assurance Company operates in DC and all states except AK, ME, NH, NY and RI. Integrity operates in DC and all states except NY, where National Integrity operates. W&S Financial Group Distributors, Inc., is an affiliated agency of the issuer. Issuer has sole financial responsibility for its products. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest.

Earnings and pre-tax premium payments are subject to income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax.

Western & Southern member companies and their agents do not offer tax advice. For specific tax information, consult your attorney or tax advisor. Product and feature availability, as well as benefit provisions, vary by state. See your financial professional for availability, details and limitations.

NOTE: Product availability may vary by distribution channel and state availability. Please consult your financial professional for the products they represent.

No bank guarantee.

Not a deposit.

May lose value.

Not FDIC/NCUA insured.

Not insured by any federal government agency.

Updated 3.4.17