Exhibit 12





ING USA ANNUITY AND LIFE INSURANCE COMPANY

COMPUTATION OF EARNINGS TO FIXED CHARGES RATIO







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SixMonthsEndedJune30,2007
        
        
        2006
        
        
        2005
        
        
        2004
        
        
        2003
        
        
        2002Earnings:1.
        Income (loss) before income taxes andcumulative effect of changes inaccounting principles
        
        $
        234.7
        
        $
        276.6
        
        $
        224.1
        
        $
        173.6
        
        $
        56.5
        
        $
        (176.3)FixedCharges:2.
        Interest expense
        
        
        15.0
        
        
        30.3
        
        
        29.6
        
        
        5.1
        
        
        8.2
        
        
        8.53.
        Interest factor on rental expense
        
        
        2.9
        
        
        6.5
        
        
        8.0
        
        
        5.0
        
        
        5.3
        
        
        5.44.
        Interest credited to contractowners
        
        
        492.9
        
        
        980.8
        
        
        946.5
        
        
        903.6
        
        
        896.7
        
        
        794.05.
        Net (undistributed) distributedincome from equity investees
        
        
        (6.6)
        
        
        (1.7)
        
        
        (1.6)
        
        
        (1.8)
        
        
        13.7
        
        
        -6.
        Totalfixedcharges(2+3+4+5)
        
        
        504.2
        
        
        1,015.9
        
        
        982.5
        
        
        911.9
        
        
        923.9
        
        
        807.97.
        Totalfixedchargesexcludinginterestcreditedtocontractowners(6-4)
        
        
        11.3
        
        
        35.1
        
        
        36.0
        
        
        8.3
        
        
        27.2
        
        
        13.98.
        Earningsandfixedcharges(1+6)
        
        
        738.9
        
        
        1,292.5
        
        
        1,206.6
        
        
        1,085.5
        
        
        980.4
        
        
        631.69.
        Earningsandfixedcharges,excludinginterestcreditedtocontractowners(1+7)
        
        
        246.0
        
        
        311.7
        
        
        260.1
        
        
        181.9
        
        
        83.7
        
        
        (162.4)Ratios:10.
        Earnings and fixed charges, to totalfixed charges (8 / 6)
        
        
        1.5
        
        
        1.3
        
        
        1.2
        
        
        1.2
        
        
        1.1
        
        
        0.811.
        Earnings and fixed charges, excludinginterest credited to contractownersto total fixed charges (9 / 7)
        
        
        21.8
        
        
        8.9
        
        
        7.2
        
        
        21.9
        
        
        3.1
        
        
        NM12.
        Deficiency of earnings to fixedcharges (6 - 8)*
        
        $
        -
        
        $
        -
        
        $
        -
        
        $
        -
        
        $
        -
        
        $
        176.3*Represents additional earnings that would be necessary to result in a one to one ratio of earnings to fixed charges.NM - Not meaningful.