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                                                                   EXHIBIT 10(w)


                              SUNAMERICA INC.
  List of Executive and Director Compensation Plans and Arrangements

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Exhibit
  No.                                   Description
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10(a)        Employment Agreement, dated July 14, 1992, between
             the Company and Michael L. Fowler, is incorporated herein
             by reference to Exhibit 10(f) to the Company's 1992
             Annual Report on Form 10-K, filed November 30,
             1992.               

10(b)        Employment Agreement, dated April 27, 1995, between the
             Company and Jay S. Wintrob, is incorporated herein by
             reference to Exhibit 10(b) to the Company's Quarterly
             Report on Form 10-Q, for the quarter ended June 30, 1995,
             filed August 14, 1995.

10(c)        Employment Agreement, dated August 15, 1997, between the
             Company and Gary W. Krat is incorporated herein by
             reference to Exhibit 10(d) to the Company's 1997 Annual
             Report on Form 10-K, filed December 10, 1997.

10(d)        1988 Employee Stock Plan is incorporated herein by
             reference to Exhibit B to the Company's and Kaufman and
             Broad Home Corporation's Notice of and Joint Proxy
             Statement for Special Meeting of Shareholders held on
             February 21, 1989, filed January 24, 1989.

10(e)        Amended and Restated 1978 Employee Stock Option Program
             is incorporated herein by reference to Appendix A to the
             Company's Notice of 1987 Annual Meeting of Shareholders
             and Proxy Statement, filed March 24, 1987.

10(f)        Executive Deferred Compensation Plan is incorporated
             herein by reference to Exhibit 10(l) to the Company's
             1985 Annual Report on Form 10-K, filed February 27, 1986.

10(g)        1987 Restricted Stock Plan is incorporated herein by
             reference to Appendix A to the Company's Notice of 1988
             Annual Meeting of Shareholders and Proxy Statement, filed
             March 22, 1988.

10(h)        Executive Deferred Compensation Plan, dated as of October
             1, 1989, is incorporated herein by reference to Exhibit
             10(h) to the Company's 1994 Annual Report on Form 10-K,
             filed December 1, 1994.

10(i)        SunAmerica Supplemental Deferral Plan is incorporated
             herein by reference to Exhibit 10(m) to the Company's
             1989 Annual Report on Form 10-K, filed December 20, 1989.

10(j)        Long-Term Performance-Based Incentive Plan, Amended and
             Restated 1997, is incorporated herein by reference to
             Appendix C to the Company's Notice of 1997 Annual Meeting
             of Shareholders and Proxy Statement, filed December 30, 
             1996.

10(k)        Performance Incentive Compensation Plan is incorporated
             herein by reference to the Company's Notice of 1995
             Annual Meeting of Shareholders and Proxy Statement, filed
             December 1, 1994.

10(l)        1995 Performance Stock Plan as amended and restated is
             incorporated herein by reference to Exhibit 10(e) to the
             Company's Quarterly Report on Form 10-Q, for the quarter
             ended March 31, 1997, filed May 15, 1997.
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<S>          <C>
10(m)        Registered Representatives' Deferred Compensation Plan is
             incorporated herein by reference to Exhibit 4.1 to the
             Company's Registration Statement No. 333-10523 on Form S-
             3, filed August 20, 1996.

10(n)        Deferred Compensation Agreement is incorporated herein by
             reference to Exhibit 4.2 of the Company's Registration
             No. 333-10523 on Form S-3, filed August 20, 1996.

10(o)        Amendment to Performance Incentive Compensation Plan is
             incorporated herein by reference to the Company's Notice
             of 1996 Annual Meeting of Shareholders and Proxy
             Statement, filed January 15, 1996.

10(q)        Executive Savings Plan, effective January 1, 1997, is
             incorporated herein by reference to Exhibit 10.2 to the
             Company's Quarterly Report on Form 10-Q, for the quarter
             ended December 31, 1996, filed February 13, 1997.

10(r)        SunAmerica 1997 Employee Incentive Stock Plan is
             incorporated herein by reference to Appendix A to the
             Company's Notice of 1997 Annual Meeting and Proxy
             Statement, filed December 30, 1996.

10(s)        SunAmerica Long-Term Incentive Plan is incorporated
             herein by reference to Appendix B to the Company's Notice
             of 1997 Annual Meeting and Proxy Statement, filed
             December 30, 1996.

10(t)        Non-Employee Directors' Stock Option Plan is incorporated
             herein by reference to Appendix D to the Company's Notice
             of 1997 Annual Meeting and Proxy Statement, filed
             December 30, 1996.

10(u)        SunAmerica 1997 Employee Stock Purchase Plan is
             incorporated herein by reference to Appendix A to the
             Company's Notice of 1998 Annual Meeting and Proxy
             Statement, filed January 2, 1998.

10(v)        1998 Long-Term Performance-Based Incentive Plan is
             incorporated herein by reference to Appendix B to the
             Company's Notice of 1998 Annual Meeting and Proxy
             Statement, filed on January 2, 1998.

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