News & Announcements

Voya Unforeseen Emergency Withdrawal

Voya Unforeseen Emergency Withdrawal

May 13, 2022

If you have been financially affected by the recent wildfires burning in New Mexico and you are currently participating in the voluntary PERA SmartSave Deferred Compensation Plan, you may apply for an Unforeseen Emergency Withdrawal (UEW), due to President Biden’s Federal Disaster Declaration. These withdrawals will be handled in accordance with IRS rules that govern PERA SmartSave. You must complete the UEW application and must reference the “NM Wildfires” in your letter of explanation. You can initiate the withdrawal by paper form from the Plan’s website or through your online Voya account. Please contact Voya if you need help with this process.

https://www.nmpera.org/deferre...

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