Don't Delay, Start Planning

Seeking financial security in retirement is a lifelong process that should include thoughtful advance planning. Why not start planning today?

Do you have a financial roadmap?
Our Retirement Nest Egg Calculator enables you to estimate what you may need to save to support the standard of living you want to maintain in retirement. And our Retirement Readiness Calculator lets you estimate your retirement savings balance and withdrawals for each year until the end of your retirement and can help you identify potential retirement income shortfalls. These and our other Retirement Calculators can help you model customized retirement income scenarios based on your own specific personal and financial circumstances and retirement goals.

Where are you currently?
Worried about the dent that your retirement plan contributions may make in your paycheck? As the chart shows, making or increasing your contributions can help you in two ways:

  1. By making contributions within applicable limits, you are lowering your current taxable income, so you will pay less income tax.
  2. The money you contribute to your retirement plan isn't taxed until you withdraw it; therefore, your contributions grow tax-deferred, giving your savings the opportunity to grow faster.*

The tax information contained herein is for informational purposes only. You should consult your tax adviser or attorney regarding your individual circumstances.

For more illustrations of this example, try our Retirement Contribution Effects on Your Paycheck Calculator.

What sources of income and savings do you have in addition to your employer sponsored plan?
Check your projected Social Security benefits at socialsecurity.gov/estimator/. Also, do you have additional savings from a part-time job or freelance work? Or from an annuity purchased outside of an employer-sponsored retirement plan? If you do not already have an IRA, consider taking advantage of this tax-deferred way of saving by opening a Mutual of America IRA, a variable annuity contract. The bottom line is to make sure you keep track of all sources of income.

If you have questions, please call your local Mutual of America Regional Office representative today.

Mutual of America's Traditional IRA is an individual variable accumulation annuity contract and is suitable for long-term investing, particularly for retirement savings. The value of a variable accumulation 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 accumulation annuity contract provides no additional tax-deferred treatment of benefits beyond the treatment provided to any Traditional IRA by applicable tax law. You should carefully consider a variable accumulation annuity contract's other features before making a decision.

*Withdrawals 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.


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.




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