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Over 150 sub-account investment options for variable annuities. Can withdraw up to 10 percent per year without penalty for several products. Cons: Many of its non-variable annuities are only ...
Long-Term Retirement Strategy. With an annuity and an IRA both offering a long-term strategy for retirement savings, the potential for tax benefits, and different risk tolerance levels, you ...
Variable annuities are subject to market risk since the value of the underlying investments can fluctuate. This means that if investments in your annuity subaccounts underperform, your payouts ...
2. Variable annuity. A variable annuity allows you to get a payout that may grow over time by investing your money in various mutual funds or other funds that hold stocks, bonds and other assets ...
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).
At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of annuities .
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