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Stock impact report

Only thing working Americans find more confusing than how much to save for retirement is understanding teenage lingo, new Voya survey finds

Voya Financial, Inc. (VOYA) 
Last voya financial, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.voya.com
Company Research Source: Business Wire
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) is releasing findings from a new consumer research survey revealing that, when it comes to knowing how much to save for retirement, working Americans consider the task almost as challenging as understanding teenage “slang” phrases often used by today’s youth. Specifically, Voya’s research found, among benefits-eligible workers, nearly one-third find knowing how much to save for retirement (29%) almost as confusing as teenage slang (32%). Knowing how a health savings account (HSA) works (22%), employee benefits guides (9%) and new phone software updates and features (8%) are also ranked among those items considered most confusing.Amid challenges of knowing how much to save, Voya’s survey also revealed many Americans believe the economy (61%) and inflation (60%) will have a severe or major impact on their ability to save for retirement. Additionally, nearly half (49%) of Americans “strongly agree” or “agree” their re Show less Read more
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