1. When can I access my funds from Voya Financial®?
You can request disbursement of funds from Voya® 45 days after termination from EAA.
Why do I have to wait this long?
Unless you’re over the age of 59½, you are not allowed under IRS rules to take a distribution from your account until after separation from employment. In addition, your separation from employment officially becomes effective after you receive your final paycheck, which occurs a minimum of 15 days after your separation. 401(k) and 457 contributions from your final paycheck are normally received by Voya about 15 to 30 days later. The 45-day waiting period helps ensure all of your contributions are deposited before you roll your account over or take a total distribution.