[This article was archived on 10/23/2016.]
This year, Congress has designated October 16-22 as National Retirement Security Week to help make you more aware of how critically important it is to save now for your future and to take full advantage of your employer-sponsored retirement plan.
At Mutual of America, we believe it's important to save for a secure retirement every week of the year. Still, whether you take action during National Retirement Security Week or before the end of the year, it's important to think about your retirement savings goals and then take positive steps to help you meet those goals. For example:
Don't delay—make the most of your retirement savings plan.
Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the variable annuity contract and the underlying investment funds. This and other information is contained in the contract prospectus or brochure and underlying funds prospectuses and summary prospectuses. Please read the contract prospectus or brochure and underlying fund prospectuses and summary prospectuses carefully before investing. The contract prospectus or brochure and underlying fund prospectuses and summary prospectuses can be obtained by mail or by calling 1-800-468-3785.
Mutual of America's group and individual retirement products are variable annuity contracts and are suitable for long-term investing, particularly for retirement savings. The value of a variable annuity contract will fluctuate depending on the performance of the Separate Account investment funds you choose. Upon redemption, you could receive more or less than the principal amount invested. A variable annuity contract provides no additional tax-deferred treatment of benefits beyond the treatment provided to any qualified retirement plan or IRA by applicable tax law. You should carefully consider a variable annuity contract's other features before making a decision.