What is the difference between AIG and VALIC?
With this name, AIG Retirement Services, we are more closely aligning with and leveraging the strength, scale and brand of our parent, AIG – a recognized Fortune Global 500 leader with deep experience in retirement and financial services.
Is VALIC a mutual fund?
VALIC offers a range of mutual funds, including ones for blue chip, broad cap, small cap, mid cap, large cap, core equity, real estate, health, socially responsible, global, growth, value, high-yield bonds and strategic bonds. The company had more than $100 billion in total assets in December 2017.
What is a VALIC stable value fund?
The fund is a money market fund and seeks to maintain a stable share price of $1.00.
What is VALIC retirement?
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.
Does AIG offer mutual funds?
Effective July 16, 2021, Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, acquired select assets of AIG Life & Retirement’s Retail Mutual Funds business.
What is the safest place to move 401k money?
Federal bonds are regarded as the safest investments in the market, while municipal bonds and corporate debt offer varying degrees of risk. Low-yield bonds expose you to inflation risk, which is the danger that inflation will cause prices to rise at a rate that out-paces the returns on your investments.
Is VALIC good for 403b?
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 happened to AIG funds?
Touchstone Investments Completes Purchase of Select AIG Funds. Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, completed its acquisition of select assets of AIG Life & Retirement’s Retail Mutual Funds business on July 16.
Are AIG Investments good?
AIG carries a Zacks Rank #2 (Buy), at present. The stock has soared 94.2% in a year, outperforming the industry’s and the Finance sector’s rally of 41.4% and 40.5%, respectively. The S&P Index climbed 36.8% in the same time frame.
Where is the safest place to put my 401k money?
Bond Funds Federal bonds are regarded as the safest investments in the market, while municipal bonds and corporate debt offer varying degrees of risk. Low-yield bonds expose you to inflation risk, which is the danger that inflation will cause prices to rise at a rate that out-paces the returns on your investments.
Should I move my money to a stable fund?
Stable value funds are an excellent choice for conservative investors and those with relatively short time horizons, such as workers nearing retirement. These funds will provide income with minimal risk and can serve to stabilize the rest of the investor’s portfolio to some extent.
Does VALIC have high fees?
With a national footprint, Valic Financial Advisors has more than $23 billion in assets under management (AUM). In addition to being an investment advisor, Valic is also a broker-dealer….Fees Under Valic Financial Advisors.
GPA PD Freedom Advisor Program | |
---|---|
AUM | Fee |
More than $5MM | 0.57% |