“As Americans face a greater responsibility to plan and save for retirement, many are looking for investment strategies that provide the right balance between risk and return,” said
The Voya PotentialPLUS annuity allows individuals to allocate their premium payment over a stated period of time across a maximum of four indexed segments — the S&P 500®, NASDAQ 100, Russell 2000 and MSCI EAFE1. During this time, investors have the opportunity to benefit from potential index gains, up to a cap rate. Meanwhile, they are also protected against a drop in index performance up to a certain level through a built-in downside buffer.
If an index goes up during the stated time period, the value associated with the indexed segment is credited by an amount up to the cap rate. If an index goes down during that period, the indexed segment does not lose any value if the drop is 10 percent or less. If the drop is greater than 10 percent, the value is reduced — but only by the amount in excess of 10 percent. The buffer helps to offset the impact of market volatility.
Other important features of the Voya PotentialPLUS annuity include the potential for investors to accumulate their assets on a tax-deferred basis2; the flexibility to allocate their investments or gains across the different equity index segments or to a variable subaccount; and the ability to make free withdraws or transfer money from their account as they choose, subject to certain fees and limitations.
Voya PotentialPLUS complements and diversifies Voya’s comprehensive suite of annuity product solutions. As an industry leader and advocate for greater retirement readiness,
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1. Morgan Stanley Capital International Europe,
2. IRAs and other qualified plans already provide tax deferral like that provided by an annuity. Additional features and benefits such as contract guarantees, death benefits and the ability to receive a lifetime income are contained within the annuity for a cost. Please be sure the features and costs of the annuity are right for you when considering the purchase of the annuity. Neither the company nor its agents or representatives can provide tax, legal or accounting advice. Please consult your attorney or tax advisor about your specific circumstances. The contract does not directly participate in any stock or equity products.
You should consider the investment objectives, risks and charges, and expenses of the variable annuity and its underlying investment options carefully before investing. The prospectuses for the variable annuity and underlying investment options contain this and other information. You may obtain free prospectuses by calling your financial professional or 800-366-0066. Please read the prospectuses carefully before investing.
Voya PotentialPLUS Annuity is issued by
Variable insurance products are subject to investment risk, are not guaranteed and will fluctuate in value. In addition, there is no guarantee that any variable investment option will meet its stated objective.
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