What resources does Voya offer to help defined contribution plan participants save more for retirement?
Voya Financial, the VRS record keeper for defined contribution plans, including the DC component of the Hybrid Retirement Plan, offers several interactive tools as well as professional services:
- Voya Retire mobile app: Fast, easy access to participant accounts.
- Voya Learn: Live and on-demand sessions to help participants explore overall financial wellness and take actions to improve their financial outlook.
- Voya online calculators: Designed to help participants refine their retirement strategies.
- The Be Ready team of Voya Financial Advisors offers free financial education and coaching sessions to all VRS members (even if they don’t participate in a VRS defined contribution plan). Members also can receive a personalized and comprehensive financial plan, which requires multiple planning sessions, for an additional fee of $175 per financial planning analysis.
Encourage employees to view the Plan Tools and Resources webpage for full details.
