Founded in 1955 as The Variable Annuity Life Insurance Company of America, Incorporated, located in Washington, D.C. , VALIC was reorganized in the State of Texas in 1968. On November 5, 1968, the company name was changed to The Variable Annuity Life Insurance Company. VALIC has more than half a century of experience in helping Americans plan for and enjoy a secure retirement.
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- Founded in 1955 as The Variable Annuity Life Insurance Company of America, Incorporated, located in Washington, D.C. , VALIC was reorganized in the State of Texas in 1968. On November 5, 1968, the company name was changed to The Variable Annuity Life Insurance Company. VALIC has more than half a century of experience in helping Americans plan for and enjoy a secure retirement. VALIC has been a pioneer and innovator in the retirement services market since it enrolled the first school district in a 403(b) plan in 1964. The company is a leading retirement plan provider for K-12 schools and school districts, as well as for higher education, government and not-for-profit healthcare institutions. VALIC, headquartered in Houston, has more than $65 billion in assets and manages plans for nearly 25,000 groups serving nearly 2 million people (09/30/2010). The Variable Annuity Life Insurance Company has a broker/dealer and investment advisor subsidiary, VALIC Financial Advisors, Inc. and a registered transfer agent and recordkeeper, VALIC Retirement Services Company. The company’s president and chief executive officer is Bruce R. Abrams. VALIC is a subsidiary of American International Group.
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- Founded in 1955 as The Variable Annuity Life Insurance Company of America, Incorporated, located in Washington, D.C. , VALIC was reorganized in the State of Texas in 1968. On November 5, 1968, the company name was changed to The Variable Annuity Life Insurance Company. VALIC has more than half a century of experience in helping Americans plan for and enjoy a secure retirement.
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