We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (17,444)
  • Industry Conferences (3)
  • Industry Job Openings (3)
  • Moore on the Market (189)
  • Negative Media (139)
  • Positive Media (73)
  • Sheryl's Articles (648)
  • Wink's Articles (257)
  • Wink's Inside Story (230)
  • Wink's Press Releases (97)
  • Blog Archives

  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • August 2006
  • Voya Financial Offers Every Baby Born Today a $500 Mutual Fund Investment

    October 19, 2015 by Voya

    Second annual Voya Born to Save program helps next generation on the path to retirement readiness

    Survey finds 40% of new parents admit to spending $500 or more on nonessential baby items; results show how some money might be invested for the future instead

    PR Newswire, New York, October 19, 2015
    Voya Financial, Inc. (NYSE: VOYA), announced today that it is promoting the company’s second annual Voya Born to Save campaign. This means every baby1 born in the United States today, October 19, 2015 — the first working day of National Save for Retirement Week2 — is eligible to receive a $500 mutual fund investment from Voya.3The program was introduced last year as a way to support the national savings event and help the next generation on its path to retirement readiness.

    “While retirement is still a distant milestone for a baby, the goal of Voya Born to Save is to underscore a simple but important point — that it’s never too early to start planning and saving for the future,” said Charlie Nelson, CEO of Retirement for Voya Financial. “We are pleased to help the many babies born today who will one day be working towards their own financial goals. We also want to encourage all Americans to think differently about how they can prepare for retirement. Voya is committed to helping individuals get ready to retire better by planning, investing and protecting their savings.”

    According to U.S. Census data, more than 10,000 babies are born each day in this country. Voya will honor all babies born today with a complimentary $500 investment upon their enrollment in the program. Meanwhile, approximately 10,000 Baby Boomers turn 65 every day, a trend that is expected to last for the next 15 years. Voya’s campaign reminds everyone to save early and often in order to capture the benefits of long term investing.

    Even new parents may find a few extra dollars to save

    In a recent survey4 of more than 1,000 new parents, Voya found that roughly four-in-ten (40%) spent at least $500 on baby-related items in the first year that they later determined were nonessential or they never used. Nearly one-in-five (20%) of the moms and dads spent over $1,000 on these items. The survey also found that a majority of this over-spending (60%) went to clothing, toys and baby entertainment, while approximately one-in-five (20%) went to upgraded strollers, baby carriers and accessories. A similar amount (20%) also went to expensive nursery furniture and décor.

    “We recognize that families have many competing financial priorities in life, which can make saving for retirement even more challenging,” noted Nelson. “But what these findings show us is that as difficult as the saving process can be, there may always be a way to find some extra dollars to earmark towards retirement. Whether it’s cutting back on the more expensive items, setting and sticking to a budget, or making sure to pay your retirement plan first, the goal is to make regular contributions whenever you can — no matter how large or small — every step of the way.”

    A special birthday gift for the ‘Class of 2014’

    To further reinforce the benefits of consistent saving, Voya is also giving each Voya Born to Save baby from the Class of 2014 their own savings gift. More than 1,000 families established an account for their children in response to last year’s inaugural campaign. Tomorrow, October 20, 2015, is their first birthday and Voya will deposit an additional $50 mutual fund investment into their existing accounts.

    “We think this birthday gift is a great reminder that saving for retirement requires regular attention, planning and contributions,” added Nelson. “While the realities of life can get in the way — especially for new parents during the early years — we encourage everyone to find simple ways to make saving a priority.”

     
    To learn more about the Voya Born to Save program, and to find out if a newborn you or your family welcomed on October 19, 2015, is eligible to receive a complimentary $500 mutual fund investment, please visithttp://voya.com/borntosave. Parents and guardians of eligible babies must register for this offer by December 18, 2015.

    As an industry leader and advocate for greater retirement readiness, Voya is committed to delivering on its vision to be America’s Retirement Company and its mission to make a secure financial future possible — one person, one family, one institution at a time.

    1. Subject to complete Terms and Conditions including U.S. citizenship/residency requirements.

    2. National Save for Retirement Week is an industry-wide savings initiative that was renamed National Retirement Security Week in September 2015. Both the original and the new names are being used during 2015 to promote the campaign.

    3. Mutual funds distributed by Voya Investments Distributor, LLC – 230 Park Avenue, New York, NY 10169.

    4. Based on findings from an online survey using Google Consumer Surveys. The survey polled 1,018 adults in the United States between the ages of 18 and 44 who had a child during the past year. Responses were collected between September 22 and 25, 2015.

    Media Contacts:
    Joe Loparco Bill Sutton
    Voya Financial Voya Financial
    Office: (860) 580-2677 Office: (860) 580-2626
    Cell: (860) 462-6525 Cell: (315) 373-9685
    Joseph.Loparco@voya.com William.Sutton@voya.com

    About Voya Financial®
    Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2014. The company had $484 billion in total assets under management and administration as of June 30, 2015. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company. The company is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible — Voya has been recognized as one of the World’s Most Ethical Companies, by the Ethisphere Institute, and as one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com or view the company’s 2014 annual report. Follow Voya Financial on Facebook and Twitter @Voya.

    Originally Posted at Voya on October 19, 2015 by Voya.

    Categories: Industry Articles
    currency