What's New

IRS releases 2023 Health Savings Account (HSA) limits

The Internal Revenue Service (IRS) has announced the inflation-adjusted figures that apply to Health Savings Account (HSA) contributions in calendar 2023 and the minimum deductible and maximum out-of-pocket for HSA-qualified medical plans that begin in 2023.
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Washington watch: An update on current legislative and economic landscapes - webinar replay

With the house passage of "SECURE Act 2.0" and in light of recent market volatility, it's time to review what's happening in Washington and beyond.
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Employees worry inflation will derail their ability to save for retirement

Voya survey finds inflation creating a greater worry about retirement planning for Generation X and millennials
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Voya Claims 360

Voya Claims 360 strives to make it easier for covered employees to remember and use their benefits. This intuitive approach to claims continues to make a positive impact. Here are the latest results.
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State of the States: March 2022 updates to state-mandated disability insurance and paid family leave

Stay up to date with our reader-friendly summary of new legislation related to state-specific short term disability (STD), paid family leave (PFL) and paid family and medical leave (PFML) programs.
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Offering personalized benefits guidance for employees just got easier

myHealth&Wealth decision support tool launched by Voya Financial
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New research explores pennies vs. percent framing on savings decisions

Adding information architecture to reduce the savings gap
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What's new in '22 for 401(k)s: disclosures for participants about lifetime income

A new disclosure requirement for ERISA-covered defined contribution plans* requires compliance starting this year, and some remaining uncertainty shouldn't prevent ERISA-covered defined contribution plan sponsors from taking action.
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Voya comments on DOL’s ESG retirement plan proposal

Supports opportunity for greater retirement investing decisions
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Adding it up: An IRS reminder about 403(b) contribution limits

The Internal Revenue Service (IRS) is reminding employers that the annual contribution limit for their 403(b) plans may require information from employees who participate in a qualified 401 plan of another employer.
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DOL provides FAQs on Interim Final Rule on Lifetime Income Disclosures for DC plans

Clarifications on timing for Lifetime Income Disclosure requirements required by SECURE Act
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Here's the biggest obstacle facing millennials as they play catch-up on retirement savings

Millennials are perhaps the most educated and ethnically diverse generation in U.S. history. They also may be the generation that is least prepared for retirement.
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Voya offers first-of-its-kind nonqualified deferred compensation distribution portfolios for workplace clients

Voya Financial has launched new distribution portfolios for its nonqualified deferred compensation (NQDC) plans.
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Couple selecting benefits on mobile device

Investing in Innovation: Smart solutions to help employees with benefit decisions

Each year, employers build benefit packages that are strategically created to help attract and retain quality employees. But how well do employees understand what they're enrolling in?
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Student loan updates: What does it mean for employers?

In a nutshell: Employers have an opportunity to make an annual contribution of up to $5,250 pre-tax dollars toward employees’ student debt balances until January 1, 2026.
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