PGA of America

Plan Changes Frequently Asked Questions

The following questions and answers are offered to help you understand the recent changes to the PGA Golf Retirement Plus Plan.

What is changing?

Why is this change being made?

Who is VALIC?

What happens to my accounts with Security Benefit Life?

Will I continue to work with Mercer for questions about my account?

What is the quiet period?

When will sponsor contributions to my Golf Retirement Plus account be sent to VALIC?

After the quiet period ends, how will I access my online account with VALIC as a first-time user?

Do I need to complete a new Beneficiary Designation?

What do I need to do to continue my systematic withdrawals/deduction from my account?

What do I need to do to continue my electronic contributions into my GRP account?

How often can I make changes to my account?

What types of financial planning services are available?

How often will I receive an account statement?

How do I handle my Facility Authorization Agreement/Investment Allocation Agreement annual recertification requirements?

How does a member enroll in the PGA Golf Retirement Plus Program if they are not currently contributing?

What do I need to know about the PGA Program Acknowledgement?

Whom can I contact if I have questions?

Securities and Investment advisory services offered through VALIC Financial Advisors, Inc. (“VFA”), member FINRA, SIPC and an SEC registered investment advisor. VFA registered representatives offer securities and other products under retirement plans and IRAs, and to clients outside of such arrangements. Annuities issued by The Variable Annuity Life Insurance Company (“VALIC”). Variable annuities distributed by its affiliate, AIG Capital Services, Inc. (“ACS”), member FINRA, VALIC, VFA and ACS are members of American International Group, Inc. (“AIG”).

American International Group, Inc.(AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products and other financial services to customers in more than 80 countries and jurisdictions.