Retirement

Defined Benefit Plans

Compliance Code
CN2106897_0424
Retirement Employers Financial Professionals
Disclosures & Footnotes

Defined Benefit Administrative Services are offered by Voya Financial Services and administered by Milliman, Inc. Milliman, Inc. is not affiliated with the Voya® family of companies.

Products and services offered through the Voya® family of companies.

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Business Owner
Sayuri Gavaskar
Expiration Date
Page Type
Product

Nonqualified deferred compensation (NQDC) plans

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Recruit, reward and retain top talent

Three white and one orange sailboat cruising on the open water

Executives and key employees are valuable to your clients — and the benefits compensation package offered should reflect their value. Voya offers a comprehensive nonqualified retirement plan experience that can simplify everything from plan design to ongoing administration.

Key benefits and features:

  • Consultative plan design and financing strategies
  • Flexible funding options
  • Specialized plan administration
  • Tailored participant services

 

NQDC plans can be an important enhancement to your clients’ benefits packages, helping key employees reach their target retirement income.

A graphic demonstrating how NQDC plans can help key executives achieve their target retirement income goals
Compliance Code
CN1234005_0722
Retirement Financial Professionals
Disclosures & Footnotes

Products and services offered through the Voya® family of companies.

CN1234005_0722

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Business Owner
Kristy Gager
Expiration Date
Short Title
Nonqualified Deferred Compensation (NQDC) Plans
Page Type
Product

Nonqualified deferred compensation (NQDC) plans

Body
Three white and one orange sailboat cruising on the open water

Recruit, reward and retain top talent

Executives and key employees are valuable to your organization — and the benefits compensation package you offer should reflect their value. Voya offers a comprehensive nonqualified retirement plan experience that can simplify everything from plan design to ongoing administration.

Key benefits and features:

  • Consultative plan design and financing strategies
  • Flexible funding options
  • Specialized plan administration
  • Tailored participant services

 

Compliance Code
CN1234005_0722
Retirement Employers
Disclosures & Footnotes

Products and services offered through the Voya® family of companies.

CN1234005_0722

extra_4_103687552.jpg
Business Owner
Kristy Gager
Expiration Date
Short Title
Nonqualified Deferred Compensation (NQDC) Plans
Page Type
Product

Defined Contribution plans – 401(k), 403(b) and 457

Body

Retirement solutions designed to help you manage the plan and help employees on their journey to and through retirement

Two business professionals meeting with a retirement plan specialist

A competitive retirement plan plays a pivotal role in helping employers attract and retain top talent. We help employees achieve the best retirement outcomes by focusing on financial well-being and consistently measuring the retirement readiness of every employee. With tailored 401(k), 403(b), 457 and nonqualified plans, we’re as flexible as employees are diverse.

Flexible plan design

Our commitment to strategic plan design, governance and utilization of best practices will help you maximize the value of your retirement plan. We will work with you to craft a unique plan design that reflects the goals of your organization and its employees.

Fiduciary solutions

From self-service to full investment management, our fiduciary solutions are designed to help employers navigate through the demanding regulatory landscape while meeting their fiduciary responsibilities.

Investment options

In addition to our open-architecture investment menu, we offer an expansive selection of retail and institutional investment options. Learn more about investment options.

Day-to-day support

When you work with Voya, you get the support of a dedicated plan management team who help you identify your plan’s goals, creating and implementing a short and long-term road map to improving retirement outcomes. Our robust plan health experience offers insightful plan metrics and easy plan administration.

Participant advisory services

Our advisory services can help employees take the guesswork out of choosing savings rates, building investment portfolios and managing retirement accounts. Learn more about participant advisory services.

Compliance Code
CN2168527_0424
Retirement Employers Financial Professionals
Disclosures & Footnotes

This information is provided by Voya for your education only. Neither Voya nor its representatives offer tax or legal advice. Please consult your tax or legal advisor before making a tax-related investment/insurance decision.

Products and services offered through the Voya® family of companies.

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Business Owner
Kristy Gager
Expiration Date
Short Title
Defined Contribution plans 401(k), 403(b) and 457
Page Type
Product

Everyday wellness: Finding the upside in a downturn

Member for

1 year 11 months
Submitted by Jennifer Song on Thu, 04/07/2022 - 10:43

Have you ever felt overwhelmed by the news?

Although we all know it’s important to stay informed about the world around us, we can all agree, the news can sometimes be too much. We have to filter the constant barrage of negative information to search for the positive news. It’s also vital to feel we can ‘do something’ amidst the prevailing chaos to bring a sense of order and well-being back into our lives, while reaching out to help ourselves or others during times of turbulence.

COVID. Civil unrest. Shortages. Resignations. War. Market volatility. Inflation. And a possible recession?

The stuff of Hollywood. So we would like to think. Yep. These are the issues of the day causing many of us to experience angst and feel out of control. Overwhelmed. It can feel beyond us. 

Or, is it beyond us? 
 
So how can we find the upside in a downturn? First, it is vital to realize that although we cannot change the world alone, we can make a difference. We can choose to be mindful of what matters, shift our thinking and in some instances, take action to change our corner of the world for the better.  

How? 

Firstly, take stock in what you do have. Shifting our mindset is key. Our brains are wired to assess the negative in our environment to survive. I propose we choose to think a little differently so we can rise above the noise and learn to thrive. Recognizing the good in our lives brings us comfort. Getting outside of ourselves to help others can increase our happiness. What is good in your life right now? Grab a pen and paper to jot down all the good in your life.  

Then, there is COVID, which has brought out harsh realities that we wished to have never gone through. I propose we practice less fear and more love while learning to make peace, learning to live in a post-pandemic world.

Although street protests and civil unrest has quieted, the voices for racial justice have not. There is still much work to be done. Here are some ways you can help support disaster relief and battle injustice here and abroad. U.S. Civil Unrest - Center for Disaster Philanthropy5

Thanks to the past few years, food, housing, lumber, cars, furniture, services, logistics, labor and more are all in short supply. Slowly some of these shortages are easing up but may likely be with us for a while. Is a recession on its way? Who knows? For now let’s recycle, reuse and reassess what we really need vs. what we want.

The Great Resignation Didn’t Start with the Pandemic (hbr.org) According to Harvard University, “…it’s the continuation of a trend of rising quit rates that began more than a decade ago. Five main factors are at play in this trend; retirement, relocation, reconsideration, reshuffling and reluctance."  All of these factors, the authors argue, are here to stay. What changes are you making to your work life that can also impact your personal life? 

As for the political unrest in Ukraine, if you so desire, research reputable non-profits in the business of helping the Ukrainian people right now. Donate your time or money to support the people directly affected by this war. According to Oprah, here are 5 ways you can take action today to help: Support Ukraine Right Now with These 5 Resources (oprahdaily.com) ¹

All of these things and more are also impacting the financial markets. As history has shown, market volatility is normal and the best advice: stay calm and stay the course. Investing is a long-term prospect and when markets slide downward, taking a long-term view is more likely to lead to achieving your goals. Patience and time are key. 

And lastly, inflation. The best way to take on inflation is to take on your budget. Watch: Creating a budget | Voya.com² and then, use the budget calculator to find balance between your needs, wants and savings. And to keep up with inflation, consider investing. Read: Ways to help protect your retirement against inflation with a plan built to last | Voya Financial Blog.³ When you plan, you can feel better about your future.

Taking whatever positive actions you can now, will help you cope with the constant changes all around us and help you see the upside of any downturn. Resilience can help you rebound from chaos more quickly to find a better sense of well-being. We think that’s priceless. 

So…what will you do to change your world, today? 

Subtitle
How to be more resilient when chaos reigns
Compliance Code
CN2099539_0424
Business Owner
Jennifer Song
Expiration Date
Individuals Everyday Wellness Financial Wellness Retirement

¹ Oprahdaily.com, 5 Ways You Can Support Ukraine Right Now, Elena Odulak, March 8, 2022, Support Ukraine Right Now with These 5 Resources (oprahdaily.com), last accessed March 29, 2022

² Voya.com, Creating a budget | Voya.com, last accessed March 29, 2022

³ industrydive.com, licensed content for Voya Financial Blog, Ways to help protect your retirement against inflation with a plan built to last | Voya Financial Blog, last accessed March 29, 2022

₄ hbr.org, Harvard Business Review, The Great Resignation Didn’t start with the Pandemic (hbr.org) , Joseph Fuller and William Kerr, March 23, 2022, last accessed March 29, 2022, excerpt: “…it’s the continuation of a trend of rising quit rates that began more than a decade ago. Five main factors are at play in this trend; retirement, relocation, reconsideration, reshuffling and reluctance.  All of these factors, the authors argue, are here to stay. “

5 The Center for Disaster Philanthropy website, U.S. Civil Unrest - Center for Disaster Philanthropy, last accessed March 30, 2022

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