A Mutual of America Flexible Premium Annuity (FPA) is a tax-deferred, variable annuity contract designed to help you build savings for retirement.

• An Interest Account that credits higher interest rates for higher balances.
• A diverse choice of Separate Account investment funds. The performance of the Separate Account investment funds is not guaranteed, and any assets allocated to them may decrease or increase in value.
• Interest and any investment earnings accumulate on a tax-deferred basis until withdrawn. Withdrawals of the tax-deferred interest and investment earnings are subject to income tax at your ordinary income tax rate at the time of withdrawal, and if made prior to age 59½, a 10% federal tax penalty.
• No withdrawal or surrender charges and no sales commissions. Our contracts assess a contract fee (unless you elect to receive documents electronically), and investments in the Separate Account investment funds are subject to Separate Account charges and Underlying Funds expenses.
• No IRS contribution limits.
• Mutual of America offers a variety of options for withdrawing your money based on your specific needs for retirement income. Learn more about Turning Your Retirement Savings into Retirement Income.

• Are looking for another tax-advantaged way to save for retirement.
• Already contribute the annual dollar limits imposed on workplace retirement plans and IRAs.
• Receive proceeds from a sale or an inheritance or if you have other savings that you want to set aside for your long-term financial needs.
• Want the option to receive a guaranteed monthly retirement income.*

Learn more about Features and Benefits.

*This guarantee is subject to Mutual of America's financial strength and claims-paying ability.