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The company sold more fixed index annuities than any other provider in 2023, with over $1.1 billion in sales, according to a ranking by LIMRA, the largest life insurance trade association in the U.S.
US$11.3 billion (2020) Number of employees. 7,200 (2022) Website. voya .com. Footnotes / references. [1] Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent ...
3. Tax-deferred growth. Money inside an annuity grows tax-deferred. Gains on the amount of premium invested in the contract grow with no taxes due until the money is withdrawn, assuming the ...
An annuity is a contract between up to four parties: Owner: The owner is the person who buys the annuity. Annuitant: The annuitant is the one who gets the benefit payments and is often the same as ...
The Variable Annuity Life Insurance Company. The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of Corebridge Financial, Inc., (CRBG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments. VALIC's headquarters are in Houston, Texas. VALIC ranks in ...
In the United States, an annuity is a financial product which offers tax-deferred growth and which usually offers benefits such as an income for life. Typically these are offered as structured ( insurance) products that each state approves and regulates in which case they are designed using a mortality table and mainly guaranteed by a life insurer.
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