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.
VALIC's headquarters are in
Houston, Texas
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in ...
. VALIC ranks in the top 10 of all U.S. and Canadian
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
companies, 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).
Organization
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. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.
Products
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
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
*
AIG Advisor Group
Advisor Group is a network of independent wealth management firms.
With its headquarters in Phoenix, Arizona, it is one of the largest network of independent broker-dealers in the US, with over 6,000 registered representatives, many of whom are ...
*
American International Group
References
External links
VALIC WebsiteRetirement and pensionAIG Retirement Google Finance
{{American International Group
Financial services companies of the United States
Insurance companies of the United States
Companies based in Houston