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VALIC

From Wikipedia, the free encyclopedia
The Variable Annuity Life Insurance Company
Industryinsurance
HeadquartersHouston, Texas
Products
  • Mutual fund programs
  • Fixed, variable and income annuities
  • Asset management programs
  • Life insurance
  • Brokerage accounts
  • College savings plans
  • Group and Individual retirement accounts
ParentCorebridge Financial

The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of Corebridge Financial, Inc., (CRBG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments.

VALIC's headquarters are in Houston, Texas. VALIC ranks in the top 10 of all U.S. and Canadian life insurance companies,[citation needed] based on more than $86 billion in total customer assets under management as of December 31, 2014. The company is a certified member of the Insurance Marketplace Standards Association (IMSA).[citation needed]

Organization

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As of December 31, 2014, VALIC has more than $86 billion in total customer assets under management and manages plans for nearly 24,000 groups serving more than 2 million plan participants in 41,000 locations in the U.S.[citation needed] VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.[citation needed]

Products

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VALIC offers a variety of products, including:

  • Mutual fund programs
  • Fixed, variable and income annuities
  • Asset management programs
  • Life insurance
  • Brokerage accounts
  • College savings plans
  • Group and Individual retirement accounts—Traditional IRA, Roth IRA, Spousal IRA, Money Market Consolidator

Sponsoring

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The company supports

  • the National Distinguished Principals Program (NAESP)
  • the AASA National Superintendent of the Year Award
  • exclusively the Strategic Partner ASBO Certificate of Excellence Award.

See also

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References

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