Are AIG and VALIC the same 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. VALIC’s headquarters are in Houston, Texas.
How do I contact VALIC?
EXISTING PARTICIPANTS You may also speak directly with one of our Customer Service Representatives by calling the Client Care Center at 1-800-448-2542 between 8:00 am and 9:00 pm Eastern Time, Monday through Friday.
Is VALIC AIG now?
VALIC, a retirement plan provider for health care, K-12, higher education, government, religious, charitable and other not-for-profit organizations, will now be known as AIG Retirement Services.
What type of retirement plan is VALIC?
403(b) plan
The tax advantages, plus plan features and benefits, make a 403(b) plan with VALIC an ideal way to help accumulate funds for your retirement. And VALIC brings you the expertise, investment options and personal services to help keep things simple.
What is a good rate of return on 401K?
Over the past three years, the average return was 9.7%, and 11% over the past five years….The average 401(k) return over the past few years was lower than 2020 alone.
| Years | Average 401(k) return |
|---|---|
| 1 year (2020) | 15.1% |
| 3 years (2017-2020) | 9.7% |
| 5 years (2015-2020) | 11.0% |
Can I withdraw money from my Valic account?
Yes. The law says that money may be taken out of your account (that is to say, the money may be distributed) when you retire, become disabled, leave your job or die. In certain cases of need, furthermore, you may make a hardship withdrawal. Q.
Does AIG do 401K?
AIG 401K Plan AIG offers a 401(k) plan for eligible employees with a 100% match on the first 6% contribution, as well as an automatic 3% contribution from AIG. The 401(k) plan has immediate vesting on both the 6% match and 3% company contribution.
Can I cash out my Valic?
Who are the members of AIG Retirement Services?
AIG Retirement Services represents AIG member companies – The Variable Annuity Life Insurance Company (VALIC) and its subsidiaries, VALIC Financial Advisors, Inc. (VFA) and VALIC Retirement Services Company (VRSCO). All are members of American International Group, Inc. (AIG).
Who is the distributor of AIG variable annuities?
Variable annuities are distributed by its affiliate, AIG Capital Services, Inc. (ACS), member FINRA. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc.
Who is Valic financial advisors, Inc.and what do we do?
We offer financial guidance through VALIC Financial Advisors, Inc. – tailored to meet your needs and circumstances now and in the future. Ready to talk? Call us. We’re here to help.
Who is the best financial advisor for AIG?
Whether you want to meet directly with your advisor or speak with them over the phone — we’re ready to help. We offer financial guidance through VALIC Financial Advisors, Inc. – tailored to meet your needs and circumstances now and in the future. Ready to talk? Call us.
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