{"id":7631,"date":"2024-09-30T16:50:49","date_gmt":"2024-09-30T20:50:49","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7631"},"modified":"2024-09-30T16:50:49","modified_gmt":"2024-09-30T20:50:49","slug":"voya-buys-oneamericas-401k-business","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7631","title":{"rendered":"Voya buys OneAmerica\u2019s 401(k) business"},"content":{"rendered":"<p>The consolidation of the retirement plan business continues.<\/p>\n<p>Voya Financial will acquire OneAmerica\u2019s retirement plan business, in a move that will add $60 billion to Voya\u2019s asset base.<\/p>\n<p>OneAmerica\u2019s retirement plan business comprises 401(k), 403(b), 457, and non-qualified plans and employee stock ownership plans (ESOPS).<\/p>\n<p>The deal will increase Voya\u2019s assets under administration (AUA) to $580 billion, with a total retirement plan and participant count reaching 60,000 and 7.9 million, respectively.<\/p>\n<p>The transaction is expected to close on Jan. 1, 2025.<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><\/div>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The consolidation of the retirement plan business continues. Voya Financial will acquire OneAmerica\u2019s retirement plan business, in a move that will add $60 billion to Voya\u2019s asset base. OneAmerica\u2019s retirement plan business comprises 401(k), 403(b), 457, and non-qualified plans and &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7631\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7631"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7631"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7631\/revisions"}],"predecessor-version":[{"id":7632,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7631\/revisions\/7632"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}