For more information on these plan types

Plan Options

401(k)
403(b)
Roth Accounts
457(b)
Side-by-Side Plans
401(a)
403(a)
Top Hat Plans (Executive Deferred Compensation)
- 457(b)
- 457(f)
Alternative Plans
   - Special Pay
   - Deferred Compensation Alternative
   - FICA Alternative
Health Reimbursement Arrangement (HRA)
Small Business Plans
- Simplified Employee Pension (SEP) IRAs
- Savings Incentive Match Plan for Employees (SIMPLE) IRA

Retirement Plans

VALIC offers tax-qualified retirement plans for not-for-profit groups, governmental organizations and for-profit groups. Our expertise helps to make plan administration a breeze.

Explore the Different Types of Retirement Plans Administered by VALIC

A plan type for any organization. The descriptions below detail which type of plan is available to what kind of organization. Rest assured that VALIC will help you identify the plans that may be right for your organization.

403(b) plan
Open to public educational employers and private not-for-profit 501(c)(3) organizations. Funded by the employee through elective, tax-deferred contributions and by the employer on a basic, matching or discretionary basis. Employee and employer contributions are tax-deferred, but total contributions are limited. Income tax is due upon withdrawal and federal penalties may apply to early withdrawals.

Roth accounts can be added to a 403(b) plan that allows employees to invest after-tax contributions in which earnings will not be taxed if received as a "qualified distribution."

401(k) plan
Open today to all nongovernmental employers. This is a profit-sharing plan with the added feature of employee salary-reduction contributions. Employee and employer contributions are tax deferred, but total contributions are limited. Income tax is due upon withdrawal and federal penalties may apply to early withdrawals.

Roth accounts can be added to a 401(k) plan that allows employees to invest after-tax contributions in which earnings will not be taxed if received as a "qualified distribution."

401(a) plan
Open to all types of employers. VALIC also services Money Purchase Pension and Profit-Sharing plans. These plans allow you to offer extra retirement savings to your employees, and contributions grow tax deferred until distribution.

457(b) deferred compensation plan
Open to state and local governmental employers, and to certain church-affiliated tax-exempt employers sponsoring non-ERISA plans. Basically, these plans allow employees to defer some portion of current income until retirement, providing a current tax advantage and tax-deferred growth. Contributions are limited. Income tax is due upon withdrawal and federal restrictions apply to early withdrawals.

Executive Deferred Compensation (EDC) –457(b) and 457(f)
An EDC plan offers benefits to both employer and employees and is used to attract and retain highly skilled executive talent. Generally tailored to benefit a select group of management or highly paid employees. These nonqualified plans are used to augment tax-qualified retirement plans and may allow additional contributions. VALIC offers EDC 457(b) plans for private tax-exempt organizations, 457(f) for private tax-exempt and governmental organizations, and EDC plans for for-profit employers.

Important Notice about Purchasing an Annuity From Us

To help the government fight the funding of terrorism and money-laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who purchases certain annuity products. What this means for you: When you purchase certain annuity products from us, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

Securities and investment advisory services are offered by VALIC Financial Advisors, Inc., member FINRA, SIPC and an SEC-registered investment advisor.

VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.

This information is general in nature and may be subject to change. Neither VALIC nor its financial advisors or other representatives give legal or tax advice. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. For legal or tax advice concerning your situation, consult your attorney or professional tax advisor.