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Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.
Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.
Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.
With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.
For more information about Voya Financial, Inc., visit voya.com.
Voya Financial (NYSE: VOYA) announced that its new Chandler, Arizona, office features solar carports, projected to save over 663,600 kilowatt-hours of electricity in its first year. This initiative is expected to reduce carbon emissions equivalent to nearly 520,000 pounds of coal burned. The solar system will supply 32% of the facility’s energy needs, promising significant long-term savings. The facility reflects Voya’s dedication to environmental sustainability, incorporating various eco-friendly features like LED lighting, recycled building materials, and electric vehicle charging stations.
Voya Financial (NYSE: VOYA) has been selected to provide 457(b) recordkeeping and administrative services for the St. Louis County Deferred Compensation Plan, serving over 2,400 participants with approximately $153 million in assets. This decision follows a competitive bid process, consolidating the county's retirement services under one provider. Voya aims to enhance retirement readiness through localized support and educational resources, further solidifying its position in the government retirement market. The company recently welcomed 32 new governmental clients and achieved the No. 1 ranking in the governmental 457/401(a) market in 2020.
Voya Financial (NYSE: VOYA) has been selected as the new recordkeeper and service provider for the Austal USA, LLC, 401(k) retirement plan, set to transition in December 2020. This plan oversees $90 million in assets and has over 2,000 eligible participants. In addition to recordkeeping, Voya will offer its Non-Qualified Deferred Compensation services. The partnership aims to enhance retirement readiness for Austal's employees through access to educational resources like the myOrangeMoney® platform. Voya aims to support financial wellness for Austal's workforce.
Voya Financial (NYSE: VOYA) has partnered with the National Down Syndrome Society (NDSS) to award $55,000 in grants to four entrepreneurs with Down syndrome. The funding is part of the Go Orange awareness campaign for Down Syndrome Awareness Month. Grant recipients include Ronnie Brown, Joseph Steffy, Nolan Stilwell, and Julia Tyler, who each received funds to grow their businesses and create job opportunities for people with disabilities. This initiative emphasizes Voya's commitment to enhancing employment opportunities and fostering community connections.
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