Advice and Guidance
Help improve your outcomes, today and tomorrow
When you imagine your best retirement, what do you see — traveling, perhaps? A vacation home? Or maybe your vision is simply living comfortably, knowing you’ve set aside enough money to meet your needs?
One Voya benefit that may be available as part of your plan could help you chart your future path with more confidence: our comprehensive suite of advice and guidance solutions.
Designed to meet you where you are on your journey toward retirement, these support options were created to offer a pressure-free experience where you have the information, insights and tools you can use to help you make more informed decisions about your retirement savings and investments.
Here are just some of the scenarios Voya advice and guidance solutions can help you navigate:
- Helping make sure your retirement savings goals are on track and showing you how you can adjust your strategy if they’re not.
- The impact of a home purchase on savings and your finances in general.
- How to plan for the birth of a child — from a 529 plan to getting the right insurance in place.
- Considering caregiving needs for an aging parent, or a child or family member with special needs.
What in-plan advice options are available to you?
Support offered through Voya Retirement Advisors
- Online advice: If you want to maintain control over your investments, professional investment selection, educational tools and resources at no additional cost to help guide investment decisions, this option might be appropriate for you.
- Professional Management: If you don’t know how or have the time to manage your account, this program may be appropriate. It’s a fee-based service offering personalized advice and guidance from a Voya financial professional, including ongoing account monitoring and adjustments to your financial goals.
| What you receive | Online Advice You do the work | Professional Management We do the work |
|---|---|---|
| Professional investment selection | X | X |
| Appropriate retirement savings rate recommendations | X | X |
| Quarterly account monitoring and automatic adjustments to your strategy as needed | X | |
| Quarterly updates to keep you in sync with your goals | X | |
| Emailed summaries of our management activities | X | |
| Extra support from VRA Investment Advisor Representatives | X | |
| Fee for use of the service | X |
Which option should you choose?
Consider Online Advice if ...
- You’re confident making investment decisions.
- You’re willing to spend the time needed to monitor and make ongoing adjustments to your plan yourself.
- You want to manage your investments yourself, but need online tools to guide you.
Consider Professional Management if ...
- You need help getting on track and staying there.
- You don’t have time to research investments and keep up with your account.
- You want a team of professionals to manage the account for you.
Next steps
We know thinking about how and where to invest for your retirement can be difficult, especially with all your other responsibilities. We get it, and with our advice and guidance solutions, we’re here to help you take your next best step.
Check with your employer’s benefits administrator to see if advice and guidance solutions are available with your plan.
If they are, log in to your online retirement account, then select Get Investment Advice to enroll in Online Advice or Professional Management.
1 Voya Financial Consumer Insights & Research survey conducted March 9-10, 2023, on the Ipsos eNation omnibus online platform among 1,005 adults aged 18+ in the U.S.
In-plan advisory services may not be available to all plans and vary based on plan type and size. Advice options are provided by Voya Retirement Advisors, LLC.
Advisory Services provided by Voya Retirement Advisors, LLC (VRA). VRA is a member of the Voya Financial (Voya) family of companies. For more information, please read the Voya Retirement Advisors Disclosure Statement and Advisory Services Agreement. These documents, as well as information on fees, may be viewed online by accessing the advisory services link(s) through your plan’s web site. You may also request these from a VRA Investment Advisor Representative by calling your plan’s information line. VRA has retained Morningstar Investment Management LLC as an independent “financial expert” (as defined in the Department of Labor’s Advisory Opinion 2001-09A) to develop, design, and implement the asset allocations and investment recommendations generated by the Advisory Services. Morningstar Investment Management LLC is a federally registered investment advisor and wholly owned subsidiary of Morningstar, Inc. Neither VRA nor Morningstar Investment Management LLC provides tax or legal advice. If you need tax advice, consult your accountant or if you need legal advice consult your lawyer. Future results are not guaranteed by VRA, Morningstar Investment Management LLC or any other party and past performance is no guarantee of future results. The Morningstar name and logo are registered trademarks of Morningstar, Inc. All other marks are the exclusive property of their respective owners. Morningstar Investment Management LLC and Morningstar, Inc. are not members of the Voya family of companies.
Advisory Services provided by Voya Retirement Advisors, LLC (VRA). VRA is a member of the Voya Financial (Voya) family of companies. For more information, please read the Voya Retirement Advisors Disclosure Statement, Advisory Services Agreement and your plan’s Fact Sheet. These documents may be viewed online by accessing the advisory services link(s) through your plan’s web site. You may also request these from a VRA Investment Advisor Representative by calling your plan’s information line. Financial Engines Advisors L.L.C. (FEA) acts as a sub advisor for Voya Retirement Advisors, LLC. Financial Engines Advisors L.L.C. (FEA) is a federally registered investment advisor. Neither VRA nor FEA provides tax or legal advice. If you need tax advice, consult your accountant or if you need legal advice consult your lawyer. Future results are not guaranteed by VRA, FEA or any other party and past performance is no guarantee of future results. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All other marks are the exclusive property of their respective owners. FEA and Edelman Financial Engines, L.L.C. are not members of the Voya family of companies. ©2024 Edelman Financial Engines, LLC. Used with permission.
Outside-of-plan advice services are offered through Voya Financial Advisors, Inc. (member SIPC). Neither Voya nor its affiliated companies or representatives provide tax or legal advice. Please consult a tax adviser or attorney before making a tax-related investment/insurance decision. Financial Professionals are investment advisor representatives and/or registered representatives of, and securities and investment advisory services are offered through Voya Financial Advisors, Inc. (member SIPC). Investment advisory services are only offered through investment advisor representatives of Voya Financial Advisors.