Now You Can Offer Your Employees the Added Convenience of
Making Their Salary Deferral Elections Online

It’s More Efficient for Plan Administrators, Too!
OnlineSalaryDeferral_pic Choosing to offer Online Salary Deferral Elections will help make plan administration easier. It reduces time-consuming paperwork and recordkeeping for your staff, allowing you to focus more on your business!

This self-service approach also requires less employee interaction with your administrative staff to review or change elections.

You can choose to offer Online Salary Deferral Elections for both Traditional and Roth contributions, and allow both dollar and percentage contributions, or only dollar or percentage contributions, as applicable.
Streamlined Administration
Each business day, we will send you an e-mail summarizing all deferral rate changes made by your employees during the previous day. To help you identify if a change was made during the weekend or a holiday, the e-mail will also include the date such changes were made.

A Deferral Rate Changes Report for payroll administration is also available through Mutual of America SponsorConnect®, Mutual of America’s online plan administration system, which can be accessed conveniently through the internet.

SponsorConnect and Online Salary Deferral Elections make it easier to manage your employees’ deferral rate changes.
More Convenient for Your Employees to Review and Change Their Salary Deferral Rates
Your employees will appreciate the ease and convenience of making their salary deferral elections and changes online instead of with paper forms.

Plus, they will receive immediate e-mail confirmation of their changes.

Your employees will also see important updates and information about:
Blue Check Mark Maximum elective deferral limits currently allowed for retirement savings plans
Blue Check Mark Catch-up contributions for employees age 50 and older
Blue Check Mark Suspensions of contributions due to hardship withdrawals
Blue Check Mark Advantages and ways to save more and prepare for a more secure retirement

In "My Account" at your employees can continue to review their elections and contributions, including:
Blue Check MarkDate and amount of last contribution
Blue Check MarkTotal contributions year-to-date
Blue Check MarkContributions by money type (Traditional/Roth and Employee/Employer-Matched)
So, your employees will appreciate their retirement plan even more as a valuable employee benefit!

It's easy to sign up for Salary Deferral Elections online by selecting the Salary Deferral Opt-in link from the Data Exchange menu on SponsorConnect!

For more information about how to add Online Salary Deferral Elections to your retirement plan, call your local Mutual of America Regional Office, or 1-866-954-4321 for the office nearest you.

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.

Not available for SEP plans.


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