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I am a retired teacher and invested in VALIC while I was still teraching. My wife has her IRA with them also. So far, no problems. It is an annuity and you pay the regulas tax rate on the withdrawals, not the capital gains tax rate as with a mutual fund. If you check the quarterly statements, you'll see there is a maintanance fee that is paid to VALIC, also. Make sure that your husband has you listed as the beneficiary and that you'll receive 100% of the account as the beneficiary.
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