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Voya Addresses Financial Planning for Special Needs Community
Voya’s myOrangeMoney online, interactive educational participant experience has been enhanced with new financial planning features to support people with special needs and their caregivers.
Voya Financial, Inc.’s retirement business has enhanced Voya’s myOrangeMoney online, interactive educational participant experience with new financial planning features to support people with special needs and their caregivers.
As the latest addition to the company’s suite of digital, educational retirement-planning tools and resources, plan participants who are part of the special needs community now have access to information that can help address the unique planning circumstances they may face when preparing for the future.
All retirement plan participants will have access to the new functionality through Voya’s award-winning myOrangeMoney website. Based on a few questions that are presented to them, individuals are prompted to consider their eligibility for certain government benefits, such as Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI). In addition to these specific government programs, participants can also learn more about a number of other important topics for their planning needs such as, broader special needs planning guidance; specialized legal and financial resources; additional government benefits including Medicare and Medicaid; as well as background on special needs trusts and the important role they can play within one’s financial strategy.
To help bridge the gap of where people can go for help, educational resources are made available through the Voya Cares resource center, which provides further information and support for those with a disability or their caregivers.
“As part of our commitment to being the retirement industry’s leading resource for special needs planning, integration into our participant experience online is critical,” added Christine Lange, senior vice president, Retirement Digital Solutions for Voya Financial. “Caring for a family member when you are no longer working is something that most people do not often consider. By providing access to key information and resources, we can help educate participants to make better planning decisions and choices.”You Might Also Like:
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