# EDGAR Filing Document

**Accession Number:** 0001535929
**File Stem:** 0001535929-25-000078
**Filing Date:** 2025-8
**Character Count:** 4434
**Document Hash:** 91e5489e4ec294f308d74128176981db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001535929-25-000078.hdr.sgml**: 20251216

**ACCESSION NUMBER**: 0001535929-25-000078

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Voya Financial, Inc.
- **CENTRAL INDEX KEY:** 0001535929
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 521222820
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166
- **BUSINESS PHONE:** 212-309-8200

**MAIL ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING U.S., Inc.
- **DATE OF NAME CHANGE:** 20120709

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING America Insurance Holdings, Inc.
- **DATE OF NAME CHANGE:** 20111130

![image_2a.jpg](image_2a.jpg)

August 13, 2025

**Via EDGAR**

United States Securities and Exchange Commission<br>Division of Corporation Finance<br>Office of Finance<br>100 F Street, N.E.<br>Washington, D.C. 20549

Attention:&nbsp;&nbsp;&nbsp;&nbsp;Shannon Davis<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ben Phippen

**Re:&nbsp;&nbsp;&nbsp;&nbsp;Voya Financial, Inc.<br>&nbsp;&nbsp;&nbsp;&nbsp;Form 10-K for Fiscal Year Ended December 31, 2024<br>&nbsp;&nbsp;&nbsp;&nbsp;Form 8-K filed May 6, 2025<br>&nbsp;&nbsp;&nbsp;&nbsp;Response dated July 1, 2025<br>&nbsp;&nbsp;&nbsp;&nbsp;File No. 001-35897**

Dear Ms. Davis and Mr. Phippen:

This letter responds to the comment set forth in the letter, dated August 5, 2025, to Michael R. Katz, Chief Financial Officer of Voya Financial, Inc. (the "Company" or "we"), from the staff (the "Staff") of the Securities and Exchange Commission (the "Commission") regarding the above-referenced Annual Report on Form 10-K filed with the Commission on February 21, 2025, the above-referenced Current Report on Form 8-K filed with the Commission on May 6, 2025, and the above-referenced Response filed with the Commission on July 1, 2025.

We acknowledge the Staff's comments and appreciate the opportunity to clarify our disclosures. We have addressed the comment in the Staff's August 5, 2025 letter by reproducing the comment below in **bold text** and providing the Company's response immediately following. Capitalized terms used herein but not otherwise defined have the meanings assigned to them in the above-referenced filings.

<u>Form 8-K filed May 6, 2025<br>Exhibit 99.1<br>Reconciliation of Net Income (Loss) to Adjusted Operating Earnings and Earnings Per Share<br>(Diluted), page 3</u>

**3. Please refer to prior comment 3. Adjustments related to actual financial results above/(below) management's expectations substitute an individually tailored recognition and measurement method for those of GAAP, which results in a misleading non-GAAP measure that violates rule 100(b) of Regulation G. In future filings, please remove these adjustments from your non-GAAP financial measures. Please refer to question 100.04 of the Division of Corporation Finance's Compliance & Disclosure Interpretations on Non-GAAP Financial Measures.**

![bottomfootervoyaletterheada.jpg](bottomfootervoyaletterheada.jpg)

------

United States Securities And Exchange Commission \| August 13, 2025

We confirm that we will remove the adjustment for alternative investment income and prepayment fees above (below) long-term expectations net of variable compensation. Consistent with our discussion via telephone with your office on August 5, 2025, we will make this change beginning with our disclosures for the third quarter ending September 30, 2025.

Please do not hesitate to contact us at 212-309-8200 if you have any questions.

Sincerely,

&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Michael Katz&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Michael Katz

Title:&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President and Chief Financial Officer

&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Tony Oh&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Tony Oh

Title:&nbsp;&nbsp;&nbsp;&nbsp;Senior Vice President and Chief Accounting Officer

![bottomfootervoyaletterheada.jpg](bottomfootervoyaletterheada.jpg)

<br>