Voya Financial, Inc. rose 1.34% in intraday trading, with the company announcing the addition of BlackRock's LifePath Paycheck® solution to its recordkeeping platform. This innovative product provides eligible retirement plan participants the option to convert a portion of their savings into a guaranteed lifetime income stream, helping individuals approach retirement with greater confidence and financial security. This expansion reflects Voya's ongoing commitment to deliver a broad suite of retirement income solutions that meet the evolving needs of plan sponsors and their participants.
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