VALIC
- Company typePrivate
- Founded1955
- HeadquartersAmarillo, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
VALIC firmographics
Firmographics- Name
- VALIC
- Legal name
- The Variable Annuity Life Insurance Company
- Website
- https://valic.com
- Company type
- Private
- Founded year
- 1955
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
VALIC industry classification
Industry- Product category
- Retirement Services / Annuities
- NAICS
- Portfolio Management and Investment Advice (523940), Insurance and Employee Benefit Funds (5251), Finance and Insurance (52)
- SIC
- Life Insurance (6311), Investment Advice (6282), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF)
- akta.pro secondary industries
- Variable Annuities (VA) (FSAIACAC), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Annuities & Investment-Linked Insurance Solutions (Retail) (FSAAAAAM), Group Annuities (Employer/Institutional) (FSAIACAI), Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD)
Keywords
Where VALIC is headquartered
LocationHeadquarters
- HQ city
- Amarillo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
VALIC business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Variable Annuity Products: VALIC issues variable annuities through The Variable Annuity Life Insurance Company. Annuities provide retirement income with investment options and death benefits. Revenue generated through insurance premiums, mortality and expense fees, and investment management charges within the annuity contracts.
- Retirement Plan Services: Recordkeeping and administrative services for employer-sponsored retirement plans (401k, 403b, etc.). VALIC Retirement Services Company provides plan recordkeeping and related services as transfer agent for affiliated variable investment options.
- Securities and Investment Advisory: Securities and investment advisory services offered through VALIC Financial Advisors, Inc., a FINRA member and SEC-registered investment adviser. Revenue includes advisory fees and commissions on investment products.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
VALIC product offering
Product offeringCore offering
VALIC issues variable annuities and fixed annuities (including registered index-linked annuities) and provides qualified retirement plan recordkeeping, administration, and investment advisory services for 403(b), 401(k), 457(b), and other employer-sponsored plans. The company sells primarily to K-12 school districts, higher-education institutions, healthcare systems, and government/public-sector employers, delivering its products through affiliated broker-dealer VALIC Financial Advisors, Inc. and digital participant tools such as myaccount.valic.com, the Retirement Pathfinder, and Corebridge University.
Product overview
VALIC (The Variable Annuity Life Insurance Company), a wholly owned subsidiary of Corebridge Financial, Inc., operates as a comprehensive retirement services provider offering a unified platform of annuity and retirement planning products. The core product ecosystem includes the myaccount.valic.com participant portal for account management and enrollment, the my.valic.com platform for fund performance tracking, and multiple integrated sub-products including Retirement Pathfinder (planning tool), Corebridge University (educational content via EverFi partnership), Saving Center (goal-based planning), Financial Wellness Check (assessment tool), and Student Loan Services (PSLF support). The company issues annuities through VALIC and USL brands, with investment advisory services delivered through VALIC Financial Advisors, Inc., and plan recordkeeping provided by VALIC Retirement Services Company. Additional services include workshop/appointment registration, advisor matching, and ePrint document management.
Differentiator
Problem solved
Functional benefit
Products and services
- Variable Annuities Deferred and immediate variable annuity contracts issued by VALIC, offering policyholders a range of separate-account subaccount investment options plus optional living-benefit and death-benefit riders to convert accumulated retirement balances into protected lifetime income. Designed for individual retirement savers, including participants rolling out of employer-sponsored 403(b), 401(k), or 457(b) plans administered by VALIC.
- Fixed Annuities Fixed annuity contracts issued by VALIC that provide a guaranteed rate of interest over a specified period and a guaranteed minimum income stream at annuitization, typically used by plan participants seeking principal protection and predictable retirement income.
- Registered Index-Linked Annuities (RILA) Registered index-linked annuities that credit returns based on the performance of an external market index, subject to a floor and a cap or participation rate, giving policyholders equity-market participation with downside buffers in retirement-focused products.
- 403(b) Retirement Plan Services End-to-end plan recordkeeping and administration for 403(b) tax-sheltered annuity plans offered to public schools, private schools, colleges, universities, hospitals, and nonprofit organizations. Includes participant recordkeeping, contribution posting, investment elections, plan-document support, and compliance reporting for plan sponsors.
- 401(k) Retirement Plan Services Recordkeeping and administration services for employer-sponsored 401(k) defined-contribution plans, including participant account management, employer contributions, investment menus, compliance testing support, and reporting for the plan sponsor.
- 457(b) Retirement Plan Services Recordkeeping and administration services for 457(b) deferred-compensation plans of state and local governments and tax-exempt employers, including participant recordkeeping, investment elections, and plan-sponsor reporting.
- VALIC Financial Advisors Brokerage and Advisory Services Broker-dealer and investment advisory services delivered by affiliated VALIC Financial Advisors, Inc., offering participants and individual investors mutual fund, annuity, and securities brokerage plus fee-based advisory advice for retirement and wealth management planning.
- Mutual Fund Platform Distribution and administration of third-party mutual funds within VALIC's variable annuity subaccounts and qualified plan investment menus, giving participants access to diversified investment options managed by external asset managers.
- myaccount.valic.com Online Participant Portal Secure web and mobile portal at myaccount.valic.com where retirement plan participants and individual annuity policyholders can view balances, change contribution rates, adjust investment elections, model withdrawals, and access plan and contract documents.
- Retirement Pathfinder Guided retirement income and decumulation planning application that helps participants model multiple retirement-income scenarios, including converting plan balances into annuity income, to support retirement-readiness decisions and one-on-one financial advisor conversations.
- Corebridge University Online financial education and learning platform offering courses, articles, and interactive modules on retirement, investing, budgeting, and financial wellness to plan participants and individual VALIC customers, supporting engagement and retirement-readiness outcomes.
- Financial Wellness Check Self-assessment tool that benchmarks a participant's financial wellness across retirement-savings adequacy, debt, protection, and budgeting dimensions and connects them to relevant educational content and VALIC financial advisors for follow-up planning conversations.
- Student Loan Services Financial wellness offering that helps participants evaluate student-loan repayment options, including Public Service Loan Forgiveness (PSLF) eligibility, and balance loan repayment against retirement-savings priorities.
Companies that use VALIC
Customer profileSegments3 records
Ideal customer profiles3 records
VALIC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
VALIC partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
VALIC competitors and assessment
Company assessmentDirect peers
- Empower Retirement: Empower is the second-largest retirement plan recordkeeper in the U.S., serving defined contribution plans including 401(k) and 403(b). It directly competes with VALIC in employer-sponsored retirement plan administration and recordkeeping.
- TIAA: TIAA is a leading retirement provider specializing in academic, research, medical, and cultural institutions—directly overlapping with VALIC's K-12, higher education, and healthcare focus. Both offer annuities and retirement plan services to similar institutional clients.
- Lincoln Financial Group: Lincoln Financial offers variable annuities, retirement plan services, and group disability benefits to employers and individuals. Its annuity product suite and retirement plan recordkeeping compete directly with VALIC's offerings.
- Voya Financial: Voya provides retirement plans, investment management, and insurance products to corporate, public, and institutional clients. Its retirement services division competes directly with VALIC for employer-sponsored plan sponsorships.
- Principal Financial Group: Principal offers retirement plan administration, investment advisory, annuities, and employee benefits. Its full-service retirement platform competes with VALIC in the mid-to-large employer retirement plan market.
- Jackson National Life Insurance: Jackson National is one of the largest issuers of variable annuities in the U.S., selling through independent advisors and financial institutions. Its annuity product competes directly with VALIC's variable annuity offerings.
- Nationwide Mutual Insurance: Nationwide offers variable and fixed annuities, retirement plan services, and workplace benefits. Its retirement plans business and annuity products compete directly with VALIC, particularly in the K-12 and public-sector employer markets.
Broad incumbents
- Fidelity Investments: Fidelity is the largest 401(k) recordkeeper in the U.S. with a broad platform of workplace retirement, brokerage, and wealth management products. It competes broadly with VALIC across retirement plan administration, though Fidelity's scale and low-cost passive focus represent a different model.
- Prudential Financial: Prudential offers retirement strategies, annuities, group insurance, and asset management across institutional and retail markets. Its retirement income and group annuity businesses overlap with VALIC's variable annuity and retirement plan services.
- MetLife: MetLife is a major provider of annuities, retirement plan services, and employee benefits. Its retirement and income solutions division competes broadly with VALIC, particularly in the institutional retirement space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
VALIC social profiles
Digital presenceVALIC financial estimates
Financial estimateRevenue estimate
Valuation estimate
VALIC leadership team
Management profileNumber of profiles
Profiles2 records
VALIC subsidiaries and ownership
Company hierarchySubsidiaries2 records
VALIC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VALIC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VALIC
What does VALIC do?
VALIC issues variable annuities and fixed annuities (including registered index-linked annuities) and provides qualified retirement plan recordkeeping, administration, and investment advisory services for 403(b), 401(k), 457(b), and other employer-sponsored plans. The company sells primarily to K-12 school districts, higher-education institutions, healthcare systems, and government/public-sector employers, delivering its products through affiliated broker-dealer VALIC Financial Advisors, Inc. and digital participant tools such as myaccount.valic.com, the Retirement Pathfinder, and Corebridge University.
Is VALIC a public or private company?
VALIC is a private company. It is classified as corporate owned and is currently operating.
When was VALIC founded?
VALIC was founded in 1955. It employs 5,001 to 10,000 people.
Where is VALIC based?
VALIC is headquartered in Amarillo, United States, in the North America region.
How does VALIC make money?
Three revenue lines are on record. Variable Annuity Products are the primary driver. The others are retirement Plan Services and securities and Investment Advisory.
Who are VALIC's main competitors?
Direct peers on record are Empower Retirement, TIAA, Lincoln Financial Group, Voya Financial, Principal Financial Group, Jackson National Life Insurance and Nationwide Mutual Insurance. Broad incumbents are Fidelity Investments, Prudential Financial and MetLife.
Does VALIC have an API?
No public API is recorded for VALIC.
What industry is VALIC in?
VALIC's product category is Retirement Services / Annuities. Its primary akta.pro industry code is FSAAACAF, Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)), with a secondary code of FSAIACAC, Variable Annuities (VA). Its NAICS code is 523940 and its SIC code is 6311.