Depending on your contract, you may have a version of either the Fixed Account and/or Fixed Plus Account available.
The Fixed Account Window percentage, which limits the amount that may be transferred out of the Fixed Account to other contract investment options under most contracts, is currently 100%. This percentage is subject to change at any time without prior notice. Different restrictions may apply if Voya does not maintain individual accounts for plan participants or if your contract uses an Equity Wash Restriction regarding transfers to and from the Fixed Account. Please review your contract disclosure material for the specific terms impacting Fixed Account transfers.
Similar to the Fixed Account Window, the Fixed Plus Accounts have a Partial Withdrawal and Transfer Limit of 20%, which limits the amount that may be transferred out of the Fixed Plus Accounts to other contract investments. Different restrictions may apply to transfers to and from the Fixed Plus III Account, if you elected the Equity Wash Option. Please review your contract disclosure material for the specific terms impacting Fixed Plus Account transfers.
The declared rate for the Sample Fixed Account, Fund 1 is 2.85% , expressed as an annual effective yield. The declared rate may change and be higher or lower than the previously identified rate. The interest rate credited to participant accounts is guaranteed not to be less than 3.00% through the end of the current calendar year. VRIAC will not apply a decrease to the current rate following a rate change initiated solely by us prior to the last day of the three month period measured from the first day of the month in which such change was effective. Note: The current rate for an initial investment in the fixed account previously identified may be in effect for less than a full three month period.For more information, please refer to the fixed account disclosure booklet. Guarantees are based on the claims-paying ability of Voya Retirement Insurance and Annuity Company.
The standard credited rate for this class of contract is 1.50%