With the AUL Stable Value Account, guaranteed interest is earned and backed by AUL’s general account assets and subject to the claims paying ability of AUL. Participants also can transfer money into and out of the account without any restrictions.
According to a press release, the Stable Value Investment Association says nationally, there is approximately $642 billion invested in stable value assets in more than 167,000 defined contribution plans.
“We’re pleased to offer this investment option to our participants,” said Bill Yoerger, senior vice president of AUL Retirement Services, in the press release. “By combining the safety of a money market account with guaranteed returns, participants have a powerful way to invest confidently with a company that is financially strong and who has high ratings and conservative management.”More information is at http://www.oneamerica.com/wps/wcm/connect/oa/AUL.