Presentation is loading. Please wait.

Presentation is loading. Please wait.

For registered representative use only. Not for public distribution. CN0903-22048-0916 Voya Select Advantage IRA A Mutual Fund Custodial Account Anthony.

Similar presentations


Presentation on theme: "For registered representative use only. Not for public distribution. CN0903-22048-0916 Voya Select Advantage IRA A Mutual Fund Custodial Account Anthony."— Presentation transcript:

1 For registered representative use only. Not for public distribution. CN Voya Select Advantage IRA A Mutual Fund Custodial Account Anthony Nizzi, AAMS Divisional Sales Manager

2 For registered representative use only. Not for public distribution. Disclosures Your clients should consider the investment objectives, risks, and charges and expenses of the mutual funds offered through an individual retirement account carefully before investing. The prospectuses contain this and other information and can be obtained by contacting your local representative. Please read the information carefully before investing. Mutual Funds offered through an individual retirement account are considered long-term investments designed for retirement purposes. Withdrawals from a Traditional Individual Retirement Account (IRA) are generally subject to Federal income tax, except for withdrawals of any after-tax or nondeductible contributions. An IRS 10% premature distribution penalty tax will apply to all taxable distributions you receive before you reach age 59 ½, unless another statutory exemption applies. Taxable distributions may also be subject to State income tax. Contributions to a Roth Individual Retirement Account (Roth IRA) are made on an after-tax basis. Distributions of earnings from a Roth IRA are not subject to Federal income tax, provided that certain Internal Revenue Code requirements are met. Distributions that do not meet these requirements may be subject Federal income tax, including an additional 10% Federal penalty tax. Refer to your Voya Select Advantage Disclosure Statement for further information. Taxable distributions may also be subject to State income tax. Tax laws change frequently. Please consult your personal tax advisor regarding taxation. Account values fluctuate with the market conditions, and when redeemed the principal may be worth more or less than the original amount invested. Voya Institutional Trust Company is the custodian for mutual fund custodial accounts distributed by Voya Financial Partners, LLC (member SIPC) or other broker-dealers with which it has a wholesaling or selling agreement. Recordkeeping services provided by Voya Retirement Insurance and Annuity Company (Windsor, CT). All named companies are members of the Voya™ family of companies." May Lose Value | Not A Deposit Of A Bank | Not Bank Guaranteed | Not FDIC/NCUA Insured | Not Insured By Any Federal Government Agency

3 For registered representative use only. Not for public distribution. The Opportunity  10,000 baby boomers turning 65 daily  Trend began in 2011  Projected to continue for 19 years  26% of the total population are Baby Boomers  Baby Boomers Face Unique Challenges Source – Pew Research Center 3

4 For registered representative use only. Not for public distribution. Retirement Challenges Social Security Pension Plans Personal Retirement Savings 4

5 For registered representative use only. Not for public distribution. Retirement Challenges Source: National Center for Health Statistics, National Vital Statistics Reports, Volume 58, Number 21. United States Life Tables,

6 For registered representative use only. Not for public distribution. Retirement Challenges - Defined Benefit Plan Trends 6

7 For registered representative use only. Not for public distribution. Voya Select Advantage IRA  Personal retirement program allowing clients to invest in a multi- manager suite of mutual funds from well-known fund managers  IRA account with one simple record-keeping fee plus individual fund expenses  Easy to present and easy to service What is it?  Not an advisory account  Not an insurance product  Not your typical retail IRA program  Not guaranteed What it is not:

8 For registered representative use only. Not for public distribution.  No front-end loads  No back-end fees  No transaction fees  No deferred sales charges  No transfer-out fees  Only cost from Voya is a Record Keeping Fee* * Fund operating expenses also apply. Accounts with values less than $15,000 will incur a $50 annual maintenance fee. An annual recordkeeping fee of 0.50%-0.60% applies to all accounts. Voya Select Advantage IRA Simple to Explain:

9 For registered representative use only. Not for public distribution. Voya Select Advantage IRA  Job changers and retirees  Clients desiring to consolidate retirement assets  Clients that need to diversify current mutual fund assets  Clients that don’t fit your advisory platform  SEP and SIMPLE IRA Plans  Start-up IRA and Roth IRA accounts Typical Clients:

10 For registered representative use only. Not for public distribution. Freedom to Choose Over 120 funds from over 30 industry leading fund managers covering all major sectors You should consider the investment objectives, risks, and charges and expenses of the mutual funds offered through an individual retirement account carefully before investing. The prospectuses contain this and other information and can be obtained by contacting your local representative. Please read the information carefully before investing. Mutual funds offered through a retirement plan are long-term investments designed for retirement purposes. If withdrawals are taken prior to age 59 ½ an IRs 10% premature distribution penalty tax may apply. Money distributed from the program will be taxed as ordinary income in the year the money is received. The mutual fund values fluctuate with market conditions, and when surrendered, the principal may be worth more or less than it original amount invested.

11 For registered representative use only. Not for public distribution. Facts At-a-Glance Minimums: $5,000 initial investment $1,000 additional contributions $100 minimum automatic monthly investments Record Keeping Fee: Total Assets Annual Record Keeping Fee $0 to $49, % $50,000 to $99, % $100,000 and above 0.50% *accounts under $15,000 are assessed a $50 annual account fee

12 For registered representative use only. Not for public distribution. Facts At-a-Glance Additional Features:  Automatic Asset Reallocation  Dollar Cost Averaging  Block Reallocations  Agent Initiated Withdrawals  Access balances over the phone or online  Dividend Sweeps  Prospectuses on CD or Website

13 For registered representative use only. Not for public distribution. Voya Select Advantage IRA  Only need a Series 6/63 registration  Upfront plus trail based compensation  1% upfront compensation with.50% annual trail starting in year 2  1-Stop website for product information and paperwork  Password: Advantage Registered Representative’s need to know:

14 For registered representative use only. Not for public distribution. Voya Select Advantage IRA Marketing Support  Client Material – Prospecting and Customizable  Password: advantage  Sales Ideas  Diversifying non-diversified IRA mutual fund assets  Talk about 401(k) rollovers with your clients  Assist clients outside your threshold for advisory accounts

15 For registered representative use only. Not for public distribution. THANK YOU Help your clients grow, protect and enjoy their Orange Money TM For more details, please contact the Sales Desk:


Download ppt "For registered representative use only. Not for public distribution. CN0903-22048-0916 Voya Select Advantage IRA A Mutual Fund Custodial Account Anthony."

Similar presentations


Ads by Google