Voya selected by ABA Retirement Funds to continue providing comprehensive retirement plan services
Voya Financial, Inc. (NYSE: VOYA) has been selected to continue serving as the recordkeeper and retirement plan service provider for the ABA Retirement Funds Program, which administers services to nearly 39,000 participants with collective assets totaling approximately $6.9 billion. The Program, established 60 years ago by the American Bar Association, is a full-service retirement offering for organizations in the legal community. Voya's relationship with the Program began more than 14 years ago, and it will continue to provide recordkeeping, engagement, and retirement plan services. The company will also offer access to its industry-leading educational tools and resources, including myOrangeMoney® interactive and educational participant website experience and the Financial Wellness experience.
12/04/2023 - 09:00 AM
WINDSOR, Conn. --(BUSINESS WIRE)--
Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today that it has been selected to continue serving as the recordkeeper and retirement plan service provider for the ABA Retirement Funds Program (the Program).
Established 60 years ago by the American Bar Association, the Program is a full-service retirement offering for organizations in the legal community focused on delivering solutions to its participants to help with their financial future. The ABA Retirement Funds (ABA RF) recently selected Voya to continue providing recordkeeping, engagement and retirement plan services for the Program; a relationship with Voya that began more than 14 years ago. The Program administers services to nearly 39,000 participants whose collective assets total approximately $6.9 billion
“Throughout our relationship, Voya has provided great support and flexibility to Program members, while collaborating to help us with our objectives,” said Roberta Liebenberg, President of the ABA Retirement Funds Board. “The level of service that Voya provides our Program members greatly assists them with their retirement goals and we look forward to continuing our strong partnership.”
As part of its commitment to helping individuals with their financial future, Voya will provide Program members with access to its industry-leading educational tools and resources. These include Voya’s myOrangeMoney® interactive and educational participant website experience and access to the company’s Financial Wellness experience that can help inform, engage and encourage positive action.
“We are thrilled to continue our longstanding relationship with ABA RF,” said Ginger Brennan, senior vice president, head of ABA Retirement Funds and Multiple Employer Solutions for Voya Financial. “At Voya, we take great pride in the level of service and support we offer our customers. We look forward to growing our valued relationship with the ABA RF and continuing to deliver solutions to the thousands of Program plan sponsors and their participants.”
Since its inception, the Program has delivered a full-service workplace retirement plan solution, serving solo law practitioners, small law firms, and organizations in the legal community.
“The ABA RF brand motto is stated as ‘Designed by Lawyers, Powered by Pros® ,’” added Liebenberg. “Working together with professionals, like Voya, allows us to provide a solution to help all legal professionals with respect to their retirement.”
As an industry leader focused on the delivery of workplace benefits, savings and investment solutions to and through the workplace, Voya is committed to delivering on its mission to make a secure financial future possible for all— one person, one family, one institution at a time.
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth and investment company with approximately 9,000 employees who are focused on achieving Voya’s aspirational vision: Clearing your path to financial confidence and a more fulfilling life. Through products, solutions and technologies, Voya helps its 14.7 million individual, workplace and institutional clients become well planned, well invested and well protected. Benefitfocus, a Voya company, extends the reach of Voya’s workplace benefits and savings offerings by providing benefits administration capabilities to 16.5 million individual subscription employees across employer and health plan clients. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is purpose-driven and committed to conducting business in a way that is economically, ethically, socially and environmentally responsible. Voya has earned recognition as: one of the World’s Most Ethical Companies® by Ethisphere; a member of the Bloomberg Gender-Equality Index; and a “Best Place to Work for Disability Inclusion” on the Disability Equality Index. For more information, visit voya.com . Follow Voya Financial on Facebook , Instagram , and LinkedIn .
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Media Contacts:
Laura.Maulucci@voya.com
Source: Voya Financial, Inc.
What is the company name and ticker symbol of the selected service provider for the ABA Retirement Funds Program?
The selected service provider for the ABA Retirement Funds Program is Voya Financial, Inc. The company's ticker symbol is VOYA.
How many participants does the ABA Retirement Funds Program administer services to?
The ABA Retirement Funds Program administers services to nearly 39,000 participants.
What is the total collective assets of the participants in the ABA Retirement Funds Program?
The collective assets of the participants in the ABA Retirement Funds Program total approximately $6.9 billion.
How long has Voya Financial been in a relationship with the ABA Retirement Funds Program?
Voya Financial's relationship with the ABA Retirement Funds Program began more than 14 years ago.
What type of retirement plan solution does the ABA Retirement Funds Program deliver?
The ABA Retirement Funds Program delivers a full-service workplace retirement plan solution, serving solo law practitioners, small law firms, and organizations in the legal community.
What industry-leading educational tools and resources will Voya provide to the Program members?
Voya will provide Program members with access to its industry-leading educational tools and resources, including myOrangeMoney® interactive and educational participant website experience and the Financial Wellness experience.
