Plan Service Providers
| SERVICE | PROVIDER |
|---|---|
| Administration | Xerox HR Solutions, LLC |
| Investment Adviser | Rocaton Investment Associates |
| Recordkeeper | State Street Global Advisors |
| Consultant | Mercer (Marsh & McLennan) |
Keeping this in view, how can I check my 401k online?
To determine your 401K balance, allocation, and contribution history, you should first contact your Human Resources Department. They will most likely direct you to an online portal for your Plan Sponsor. If you have not accessed this information before, you may need to register for this access.
[If a RIGP participant]Effective on your retirement date, you will become a retiree of Xerox. As a retiree, you will receive pension benefits accrued in the Retirement Income Guarantee Plan (RIGP). Your RIGP benefits are projected to provide a lump-sum value of approximately [$X].
Subsequently, how do I cancel my VOYA 401k?
You can request a withdrawal online at VoyaRetirementPlans.com, or call a Voya Customer Service Associate at (800) 584-6001.
Can you lose your 401k?
Your employer can remove money from your 401(k) after you leave the company, but only under certain circumstances. If your balance is less than $1,000, your employer can cut you a check. Your employer can move the money into an IRA of the company’s choice if your balance is between $1,000 to $5,000.
Can I close my 401k and take the money?
Technically, yes: After you’ve left your employer, you can ask your plan administrator for a cash withdrawal from your old 401(k). They’ll close your account and mail you a check. But you should rarely—if ever—do this until you’re at least 59 ½ years old!
Is my union pension safe?
About 80 percent of the 29,000 private-sector defined-benefit plans insured by the federal Pension Benefit Guaranty Corp. have been underfunded by $740 billion. … “Vested” pension assets—those that legally become your property after a period of time—are generally safe thanks to federal law.
How much does VOYA charge to manage account?
For wrap programs,
| Strategy | Fee Rate |
|---|---|
| Multi-Asset Strategies | 0.10% – 1.00% |
How long does it take for 401k changes to take effect?
Any changes you make to your contribution amount will usually take effect within two pay periods, depending on when you make the change. Changes may be made at any time, and a confirmation statement will be mailed to your address of record.
How much can I borrow from my VOYA 401k?
$50,000