What is the VALIC fixed-interest option?
The Fixed-Interest Option from VALIC is a group unallocated fixed annuity contract that is designed for the participant who has concerns about asset protection and desires to allocate all or a portion of their assets to a product that provides a guarantee against the loss of principal in the state of New York.
Are VALIC annuities safe?
(VALIC) and other names. Regulators say AIG insurance policies and annuities are safe for now, and consumers have protection if AIG’s insurance subsidiaries became insolvent. AIG has many lines of business, but the insurance subsidiaries are subject to special rules.
Are VALIC and AIG the same?
The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of American International Group, Inc., (AIG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments.
What is a VALIC account?
Who took over VALIC?
AIG Life Holdings, Inc.
VALIC is an indirect wholly-owned subsidiary of AIG Life Holdings, Inc. and a wholly-owned subsidiary of American International Group, Inc. In 2019, VALIC and its affiliates in the Group Retirement business rebranded as AIG Retirement Services. 5.
What type of retirement is VALIC?
Variable Annuity Life Insurance Company
The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of American International Group, Inc., (AIG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments.
What is the expense ratio of a Valic mutual fund?
VALIC is a company that sells mutual funds with $31,724M in assets under management. The average expense ratio from all mutual funds is 0.65%. 100.00% of all the mutual funds are no load funds. The oldest fund launched was in 1983.
When do Valic company II funds become VCI funds?
1 On May 24, 2021, certain VALIC Company II (“VCII”) Funds reorganized into newly created corresponding VALIC Company I (“VCI”) Funds.
Is there limit to number of trades in Valic funds?
Trading may be limited based on VALIC’s Investor Trading policy which is available online at www.aig.com/RetirementServices. Funds, other than VALIC Company I, may impose additional limitations on the number of trades in and out of the fund.
Is the Stable Value Fund included in fixed options only?
[1] “Fixed Options Only” does not include Stable Value Funds. Stable Value Funds are included under Mutual Fund Performance.