What fees does VALIC charge?
VALIC Financial Advisors, Inc. (VFA) Fee Schedule
| Financial Transaction | Fee Structure |
|---|---|
| Exchanges (same fund family) | No fee |
| PIPs/SWPs | No fee for load funds, $10 fee for no-load funds |
| Equities | |
| Buying unlisted and non-NASDAQ stocks worth less than $5 is prohibited. | $45 flat commission for buys, $20 sells |
Is VALIC owned by AIG?
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.
What fees does AIG charge?
AIG Annuities Review
| Annuity | Fees |
|---|---|
| American Pathway® Immediate Annuity Find an Advisor Read Review | No annual charges |
| Polaris Platinum III Variable Annuity Find an Advisor Read Review | $50 annual contract fee 0.46% – 2.11% professional money management fee 0.15% – 0.40% death benefit fee 1.25% – 2.50% living benefit fee |
Is VALIC a fiduciary?
The Variable Annuity Life Insurance Company (VALIC), a unit of AIG, was recently ordered to pay a penalty of $19,943,753 for—according to the SEC—breaching its fiduciary duty to clients in connection with its mutual fund sales practices.
What is Valic Fixed Account Plus?
Fixed Account Plus is a long-term fixed account that features a competitive current interest rate and employs a modified new money interest crediting policy.
Is Valic a fiduciary?
Is Valic an IRA?
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).