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.
| Industry | insurance |
|---|---|
| Headquarters | Houston, Texas |
| Products |
|
| Parent | Corebridge Financial |
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
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
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.