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Voya Financial Welcomes Executive Order Promoting Retirement-Savings Access for American Workers

$VOYAPress releaseMay 1, 2026, 8:30 AM ETRead the release

Voya Financial endorsed a new Executive Order directing the U.S. Treasury Department to create a platform for private-sector IRAs, aiming to expand retirement access for millions of Americans. The order includes a 'Saver’s Match' provision, providing a Treasury contribution of up to $1,000 annually for qualifying taxpayers, which becomes effective on January 1, 2027.

Key figures

Effective date
January 1, 2027
Savers match limit
$1,000 annually
Customer relationships
more than 18 million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.