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Western & Southern Financial Group

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News



120 Years of Financial Strength

For more than 120 years, Western & Southern Financial Group has demonstrated resolve and resiliency throughout challenging economic cycles. Our mutual holding company structure allows us to invest for the long-term without the short-term market pressure that often compels higher risks. We maintain a rigorous asset-liability management process to continuously monitor and adjust portfolios to align with the best long-term interests of our policyholders.

Western & Southern’s financial strength is well-known. It is the cornerstone of our success. We remain deeply committed to protecting our financial stability on behalf of our customers. Please feel free to contact us at 1.866.832.7719 if you have any questions or would like additional information.

New My Accounts Registration and Login

As part of our ongoing commitment to continually improve the online security of your personal information, Western & Southern Life has implemented a new registration process for our policy/contract owners and shareholders who access their accounts through WSLife.com. The new process features a personalized WSLife.com Site Verification Text – a graphic element that appears during your login to visually verify that the login page presented to you is truly from WSLife.com and not a "spoof" site or a "phisher". In addition, the login process has been separated into two separate screens for entering your user name and password.

As a result of these new enhanced security measures, all owners wishing to access their accounts are required to reregister, a process that may take a few minutes to complete. To expedite the process, please have your policy/contract number, Social Security Number, and insured's date of birth at hand. To begin your reregistration, please login with your current user name and password.

You can read more about these security upgrades in My Accounts FAQs and One-Time Payment FAQs. If you have any questions, please use our Live Help or call our Client Relationship Center at 1.866.832.7719 between 8:00 a.m. and 10:00 p.m. ET, Monday through Thursday, 8:00 a.m. and 6:00 p.m. ET on Friday, and
9:00 a.m. and 1:00 p.m. ET on Saturday (excluding holidays).



EasyPay Offers Online Payment Options

Paying your premiums just got easier! As a WSLife.com registered user, you can now pay your bill online in one of three ways. Click on the links below to learn more:
Consult our One-Time Payment FAQs for more information about EasyPay.



Industry News

Book says green is good business color
(2010-03-17)
Mar. 17--Dan Smolen suggests that many of today's up-and-coming executives might want to forgo the usual gray or blue power suit for a green one.

Senate to pass jobless aid, business tax breaks
(2010-03-10)
WASHINGTON--Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.

What Really Happened To The Economy? ; "You, Me & the U.S. Economy: A Plainspoken Story of Financial Crisis"; Insider's Account Tells "Main Street" What Really Happened; Foreword by Treasury Secretary Henry Paulson
(2010-02-24)
WASHINGTON, Feb. 24 /PRNewswire/ -- Don't let anyone tell you the financial crisis is too complicated to understand.

Study: Recession dealt blow to saving practices
(2010-02-23)
Feb. 23--At the start of the nation's fourth annual America Saves Week, organizers Monday released an annual survey suggesting the latest downturn, dubbed the "Great Recession," has eroded the savings practices of millions of Americans.




Tax News

Required Minimum Distributions to Be Suspended for 2009
The Worker, Retiree, and Employer Recovery Act of 2008 will suspend required distributions for IRAs and defined contribution plans for the calendar year of 2009. This suspension applies to lifetime distributions to employees and IRA owners and to post-death distributions to beneficiaries. This provision also applies to individuals who attain age 70½ in 2009 and who elect to take their first distribution by April 1, 2010. It does not apply to individuals who reach age 70½ in 2008 and wish to defer their first distribution to April 1, 2009.

Retirement Contribution Changes as of January 1, 2009
The 2009 contribution limits for Traditional and Roth IRAs remain the same at $5,000 and $6,000 for the under age 50 and age 50 and above cohorts, respectively. Employer-sponsored limits, however, are increased. For 401(k), 403(b), and 457 plans, the new limits are $16,500 and $22,000 for the under age 50 and age 50 and above groups, respectively. For SIMPLE plans, it is $11,500 (under age 50) and $14,000 (age 50 and above). The maximum SEP contribution is still 25%, but the dollar limit is increased to $49,000.

Western & Southern Life does not provide tax or legal advice. Please contact your tax or legal advisor regarding your situation.



New on Our Site

Join The Western and Southern Life Insurance Company Team
Are you or is someone you know ...

  • currently looking for a new career opportunity?
  • interested in a fresh start?
  • ambitious, goal-oriented, and self-motivated?
    Then Western & Southern may be the perfect job match. Read the top five reasons to work for Western & Southern and learn more about our exciting career opportunities.

    Business News at Western & Southern Financial Group
  • W&S Financial Group Distributors Names Regional Vice President for Financial Institutions
  • Western & Southern Life Named to Training Top 125
  • WSLife.com Recognized With Second Consecutive No. 1 Ranking by Customer Respect Group
  • Eagle Realty Group Hires Bucco; Promotes Strehler

    Visit our news releases for all the latest news about Western & Southern Financial Group and its member companies.

    WSLife.com Again Earns the Customer Respect Group's No. 1 Ranking in the Life Insurance Industry
    For 2009, the Customer Respect Group (CRG) ranks WSLife.com as the highest rated in its industry with a score of 7.5 on the 10-point scale. In addition to its No. 1 ranking in the life insurance industry, WSLife.com also achieved first place status in two of the five sub-indexes: Trust (measurement of how respectful a site is in collecting and managing personal data) and Dialog (measurements that include e-mail, real-time chat, access to callbacks, central telephone numbers, and local offices/agents).

    Try Our New Life Insurance Selection Tool
    Need help choosing life insurance? Use our fast and easy Life Insurance Selection Tool to help you decide which type of life insurance might be right for you. Choose a Life Event or take the iQuiz to learn more about life insurance benefits.

    New Free Information Page Offers Spanish and Bilingual Publications
    Check out our new Spanish Free Information page, featuring educational publications in PDF format that you can download at no cost. Browse through our library of free information, which includes takeCHARGE! newsletters, information about the company, insurance product brochures, life event booklets, and a safety-themed coloring book for kids.

    Read Our Fall-Winter 2009 Issue of takeCHARGE!
    Western & Southern Life's newsletter is hot off the press! Featured articles in the Fall-Winter 2009 takeCHARGE! include 'Tis the Season for Charitable Gifting, Give Yourself a Gift by Taking Charge of Your Holiday Budget, Five Resolutions That Will Boost Your Financial Peace of Mind in 2010, How to Stop Heating Costs from Chilling Your Budget, and How’s Your Financial Fitness?

    WSLife.com Introduces New Critical Illness
    Insurance Portfolio

    What would you do if you were faced with a life-threatening illness? Critical Illness Insurance can help you be more prepared by filling in the financial gaps not covered by traditional insurance. Review our new Critical Illness Insurance Portfolio to learn more.

    Single-Premium Immediate Annuities
    Can Help You Plan for a Longer Retirement

    Are you concerned about having a reliable source of income that you can't outlive? Let Meg show you how single-premium immediate annuities can help you achieve a secure lifetime retirement income.

    What's Happening in the Market?
    Nicholas Sargen, Chief Investment Officer of Western & Southern Financial Group, discusses the future economic landscape in this commentary entitled The 2010 Outlook: Will Recovery Become Self-Sustaining?

    Help Us Serve You Better:
    Complete Our Quick Spanish Survey

    Now that WSLife.com's Spanish site has been live for several months, we would like to hear what you think. Send your feedback by completing our short five-minute survey. Your opinions will help us develop a Spanish site that offers timely, useful, and educational information of interest to you.

    Access New Product and Company Information on WSLife.mobi Via Your Mobile Wireless Device
    WSLife.mobi has just expanded its content. Now you can use your iPhone, BlackBerry, and other wireless devices to connect to WSLife.mobi and read more specific company and product information, including highlights about our financial strength and details about our insurance, annuities, and mutual funds. Use our mobile site to find essential information whenever you are traveling or don't have access to your laptop or desktop computer.

    Nuevo en nuestro sitio

    Nueva página con información gratis incluye publicaciones bilingües y en español.
    Visite nuestra nueva página de información, que ofrece publicaciones educativas en formato PDF que usted puede descargar gratis. Busque en nuestra biblioteca de información, el boletín takeCHARGE!, información sobre la compañía, folletos sobre nuestros productos, folletos sobre eventos de la vida, y una publicación para colorear exclusiva para niños sobre como jugar seguros.

    Ayúdenos para ofrecerle un mejor servicio. Lo invitamos a participar en nuestra breve encuesta.
    Nos gustaría conocer su opinión acerca de nuestro sitio WSLife.com en español. Su opinión es muy importante para ayudarnos a diseñar un sitio que ofrezca información útil, relevante, y al mismo tiempo educativa. Envíenos sus opiniones participando en la siguiente encuesta, que le tomara solo 5 minutos para completarla.

    WSLife/español estrena nuevo sitio
    Los invitamos a explorar nuestro nuevo y expandido sitio en español ahora con más valiosa información educativa sobre como planear durante las diferentes etapas de la vida y opciones para proteger a sus seres queridos. Además, ahora es más fácil obtener una cotización, encontrar una oficina, y comunicarse con nosotros. Aprenda más visitando nuestro sitio.


    *Necessary Software
    You will need Adobe® Reader® – free software that enables you to view and print Adobe Portable Document Format (PDF) files – in order to view Market Update and Western & Southern Financial Group news releases. If you do not already have this software on your computer, please click the icon below and follow the instructions on how to download the software from Adobe's Web site.

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    Learn more about Western & Southern Financial Group's family of companies.

    Media Contact
    If you have news-related questions, please contact Josè Marques, Media Relations Manager, at 513.629.1448.
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         Updated 2/23/2010