Decoding the decumulation phase requires a range of products and solutions to support participants who are approaching, entering and in retirement.
Improving participant outcomes means going beyond the retirement plan.
American workers are suffering from a decline in confidence that they will be sufficiently prepared for retirement — and they’re looking to their employers for help.
Retirement readiness is a major challenge for many plan participants. SECURE 2.0 helps plan sponsors provide their participants with the tools and resources they need to meet this challenge. This legislation, along with its predecessor SECURE Act, provides sponsors more flexibility when it comes to offering retirement income products and services, as well as expanding access to them for participants.
Voya’s fourth edition of our biennial defined contribution plan sponsor survey seeks to offer perspectives on sponsors’ priorities, the challenges they face, and the services they may need—and may be helpful in putting your own plan’s priorities, challenges and needs into context