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Is VALIC an annuity?

Annuities issued by The Variable Annuity Life Insurance Company (\u201cVALIC\u201d). Variable annuities distributed by its affiliate, AIG Capital Services, Inc. (\u201cACS\u201d), member FINRA. VALIC, VFA and ACS are members of American International Group, Inc.

When can I take money out of my VALIC account?

Money may be withdrawn from your account when you reach a distributable event determined by your plan. These may include some in-service events such as attaining age 59½, a hardship or unforeseeable emergency, or may require that you have a severance from service.

Is VALIC under investigation?

VALIC Financial Advisors (aka AIG Retirement Services) Settles With FINRA Following Investigation Into Variable Annuity Practices. In January 2021, VALIC Financial Advisors, Inc.

What type of account is VALIC?

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.

Is VALIC still in business?

With this name, AIG Retirement Services, we are more closely aligning with and leveraging the strength, scale and brand of our parent, AIG \u2013 a recognized Fortune Global 500 leader with deep experience in retirement and financial services.

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