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Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. [2] In April 2014, the company rebranded itself as ...
As of October 2017, [11] total assets of the DC plan were approximately 2.1 billion USD, with about 29,000 participants. Contributions to the plan are made by payroll deduction by participating employers [12] to accounts recordkept by Voya Financial. Assets may be invested in a number of core plan options, or swept to a self-directed brokerage ...
According to a recent survey by Voya Financial, 73% of millennials agreed or strongly agreed that they are worried about the impact of inflation on their ability to save enough for retirement.
Ages 45-54. Average 401(k) balance: $168,646. Median 401(k) balance: $60,763. During this decade you may be getting a larger paycheck than ever, and perhaps you can maximize your 401(k) plan.
An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives.
Or compare the interest earned on a $100 monthly investment earning a 5.00% APY compounded monthly until age 67, which is the current full retirement age for anyone born after 1959.
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