Voya Financials 5 Tips for March:


  1. Know your limits! Retirement plan contribution limits change each year. For 2023, they are $22,500 for those under age 50 and $30,000 for those over age 50.
  2. Financial margin sets you up for success. Margin is the difference between what you consistently spend each month and what you earn. Do you have dollars left after paying your bills? If not, it’s time to look hard at what you can change so you do!
  3. You are not alone on your financial wellness journey. Ask your Voya team for help. You can find them at 405-568-2889 or schedule at https://ok.timetap.com.
  4. Don’t understand investing? Here are a few quick definitions. There are 3 investment asset classes. Cash (is cash!), Stock (is ownership in a company), Bond (is lending to a company to get interest). Now you know more than you knew before!
  5. An emergency fund is the FIRST priority for any successful financial path. What is it? Just savings you can access in case of an emergency. Experts recommend 3-6 months of expenses be kept in cash savings.

For extra help, our Voya team can help. You can reach them at 405-568-2889 or schedule at https://ok.timetap.com.