Aig valic retirement plan

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Resolved Question: If a lot of my assets are in the AIG Retirement VALIC plan, should I be looking to get out? (Sat, 04 Oct 2008 20:49:43 GMT)
Resolved Question: Retirement Fund in Living Will? (Tue, 09 Jan 2007 01:20:07 GMT)
My husband and I recently drew up our Living Will. Although we are young (both in our 30's), we want to be sure we have all of our ducks in a row should something happen to us. We've used Quicken WillMaker Plus, yet saw there was no section to list retirement funds. I have an AIG VALIC fund, and was wondering if this will automatically get distributed to my beneficiaries? In one section of the will, it states that my executor has the right to "convert bonds, stocks, notes, and other securites into other bonds, stocks, notes and securites and to exercise all rights and priviledges of a person owning similar property". I'm hoping this means the money that I have in that fund (not much, only about $19,000 at this point) will be given to my beneficiaries, and not taken back by the state or the retirement plan itself. Any thoughts or opinions on this?

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