Used snap ring that is used to hold the bearing on you the steering shaft. This ring was used on 67 - 78 fixed columns and 70 - 78 tilt columns. Not for use on 67 - 69 tilt columns.
*NOTE* For tilt column service, you can contact Tony Augustine at firstname.lastname@example.org. Tony is a trusted colleague of WCCC and we've sent many customers his way since our column specialist retired last year.