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A Mutual of America Flexible Premium Annuity (FPA) is a tax-deferred, variable annuity contract designed to help you build savings
for retirement.
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An Interest Account that credits higher interest rates for higher balances.
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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.
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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until withdrawn.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.
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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.
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No IRS contribution limits.
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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.
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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.
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You should consider the investment objectives, risks, and charges and expenses of the variable annuity contract and the underlying investment funds carefully before investing. This and other information is contained in the contract prospectus or brochure and underlying funds prospectuses and summary prospectuses, which can be obtained by calling 800.468.3785 or visiting mutualofamerica.com. Read them carefully before investing.
Mutual of America's FPA is an individual variable annuity contract and is 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.
Form FPA-2002 or applicable state variation.
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