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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

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How do I know what my required minimum distribution will be?

To request a RMD by phone, call 844-360-MDCP (6327) weekdays between 7 a.m. and 7 p.m. CT, excluding stock market holidays. If you would like assistance with your RMD options, please schedule an appointment with a local representative at .milwaukeedcp.com or by calling 844-360-MDCP (6327).

What is the VOYA 55 rule?

If you are eligible and choose to take a withdrawal or upon requesting an installment, there is a $25 distribution fee. Expedited Delivery - You may request expedited mailing from Voya. A fee of $50.00 for each mailing will apply.

How to withdraw from Voya retirement plan?

While you cannot directly reinvest your RMD back into the same retirement account, there are several ways to make the most of these funds. One popular approach is to reinvest the distribution into a taxable brokerage account, allowing you to continue growing your wealth outside of tax-advantaged accounts.

How to withdraw RMD from Voya?

Generally, if you take the distribution after age 59 there is no tax penalty. Distributions made after youve separated from service from that employer, if the separation occurred in or after the year you reached age 55, may also be made without an early withdrawal penalty.