Small Business Retirement
1. Make a few key decisions
You’ll work with your plan advisor to customize your plan. Together you’ll decide things like:
- Who is eligible
- Whether you’ll make employer contributions
- Investment options
- Any optional plan features
Your role: Make the business decisions. Your advisor handles the details.
2. Your team gets everything ready
Once your plan is designed, your plan advisor and recordkeeper take it from there. They’ll:
- Prepare plan documents
- Coordinate payroll integration
- Set up your online plan
- Test everything before launch
Your role: Review and approve documents as needed.
3. Launch your plan
When everything is ready, your plan goes live — generally in less than eight weeks.
- Your employees receive enrollment information.
- You and your employees can begin building a stronger financial future through your workplace retirement plan.
Your role: Announce your new benefit — and celebrate!
What’s next?
Your retirement plan is in place. As your business grows, you can build on that foundation with strategies to help attract and retain key employees, reward top talent and prepare for the future.
Explore the full series
- Why offer a retirement plan?
- Which retirement plan is right for my business?
- Understanding retirement plan costs
- Setting up your 401(k): What to expect
- Getting more from your retirement plan
- Why Voya?
Talk to a Financial Professional*
- Call: 866-481-3653 (option 4)
- Email: RetirementSales@Voya.com
Existing Voya plan sponsors:
- Call: 800-654-8065 (option 5)
*Registered Representative of, and securities services offered through Voya Financial Partners, LLC (member SIPC).
The information presented here is for educational purposes only, and not intended to be legal or tax advice. Each plan must consider the appropriateness of the investments and plan services offered to its participants. All investing involves risk, including the loss or principal. There is no guarantee an investment, investment strategy or managed portfolio will meet its stated objective.
Each plan has unique requirements and should consult its attorney or tax advisor for guidance on its specific situation. Voya strongly suggests speaking with tax and legal advisors before making changes to a plan.
Products and services offered through the Voya® family of companies.