Take Action During America Saves Week

Here are some valuable tips to help you save more for your future.

America Saves Week, which runs from February 22 to 26, 2021, is an annual event designed to help individuals recognize the importance of good saving habits and increase their own level of savings. If you participate in your employer's retirement savings plan, such as a 401(k) or 403(b), here are some things to consider this week:

  • Check whether your employer offers a match of your contributions to your retirement plan, and if so, take full advantage of it.
  • Increase your contribution to your retirement savings plan. Even an increase of one, two or three percent can make a difference over time.
  • Speak with your Mutual of America representative, or meet in person to discuss your retirement savings goals and ways to help as you plan for a financially secure future.
  • Use our Retirement Savings Calculator to see the impact that contributing and increasing your contributions to your retirement plan can have on your retirement savings.
  • Check out helpful articles in the What's New section about saving for your future, as well as on our Facebook, Twitter and LinkedIn pages.

At Mutual of America, we believe it's important to save for a secure retirement every week of the year. America Saves Week, which is coordinated by America Saves, an initiative of the Consumer Federation of America and the American Savings Education Council, is a reminder to think about your retirement savings goals and take positive steps to help yourself meet those goals.

Whether you are just starting out or nearing retirement, use this week to see where you are with your retirement savings and take action!

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 1-800-468-3785 or visiting mutualofamerica.com. Read them carefully before investing.

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 options 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 consider a variable annuity contract's other features before making a decision.

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