Investment Detail
Strategy
Stability of principal is the primary objective of this investment option. Voya Fixed Plus III guarantees minimum rates of interest and may credit interest that exceeds the minimum guaranteed rate. The current rate is subject to change at any time, but will never fall below the guaranteed minimum. Daily credited interest becomes part of principal and the investment increases through compound interest. All funds invested by your plan in Voya Fixed Plus III receive the same credited rate. This is known as a portfolio method of interest rate crediting.Fixed Investment Option Features
Minimum rate of return: |
4.00%
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Guaranteed minimum interest rate is good for: |
10/31/2024
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Interest rate as of January 1st of Current Year: |
4.00%
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How often the rate can change: |
The rate can change on an annual basis.
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Market Value Adjustment: |
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Restrictions that apply to this fixed account: |
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How often funds can be transferred into fixed
Option from other options within this product:
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There are no restrictions on fund being transferred into Voya Fixed Plus III.
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How often funds can be transferred out of this
fixed option into other options within this product:
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There is no restriction on the amount of times funds can be transferred into Voya Fixed Plus III.
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Other Features:
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