Nonprofits

Extending Our Service to Nonprofits

Being a nonprofit might bring a variety of considerations when choosing which retirement plan is right for your organization. That’s why Mutual of America is here to offer you products and services based on your organization’s unique needs.

Retirement plans we offer

Our representatives work with nonprofits like yours to enhance your employees’ retirement readiness through flexible retirement plan designs.

Services we provide

For Your Organization

An experienced team of specialists to help design scalable, cost-effective retirement plans
Dedicated account management
A diverse choice of investment funds
Payroll integration, online enrollment and automated compliance services

For Your Employees

Customized awareness and engagement communications
On-site and virtual enrollment meetings
Dedicated customer service

Advantages for you

Nonprofits We Serve

We provide support to a variety of nonprofit organizations, helping organizations like yours to continue having a powerful impact on society.

Charitable organizations
Civic leagues
Home healthcare providers
Social welfare organizations
Religious and apostolic associations

Tax-Deferred Savings Potential

Thanks to tax-deferred savings potential, employees may max out their contributions to both the Eligible Deferred Compensation Plan and their existing qualified plan, potentially doubling their savings.* Special 457(b) catch-up contributions can help employees save even more as they near retirement age. Additionally, enhance your employees’ retirement planning choices by offering them the additional option to make Designated Roth 403(b) contributions on an after-tax basis under your retirement plan.

*Participation in a 457(b) plan is limited to a select group of management or highly compensated employees to meet the “top hat” exception under ERISA. All deferrals remain an asset of the employer, subject to the claims of its general creditors, until they are distributed or made available to the employee. Generally, amounts made available to the employee under the plan are subject to income tax at the employee's ordinary income tax rate at the time made available.

Dedicated Local Support

Mutual of America representatives can conduct virtual and/or on-site group and individual meetings with your employees to explain the benefits of the plan, the value a retirement plan can deliver over time and how they can enroll.

Easy-to-Use Online Tools and Resources

Employees can easily manage their accounts at My Account. Employees also have access to helpful articles and other resources at our online Resource Center to help them plan and save for retirement.

What our clients are saying*

“They support our employees and their planning for the future,

but they also support our organization and the mission of what we're doing here for patients. We really feel like we have a very personal touch, personal relationship with the folks at Mutual of America."

- Lori Bassett, Head of Communications of Greenwood Genetic Center

Get In Touch

Customer Support

For current plan sponsors and participants

Prospective Plan Sponsors

For employers looking to change or start a new retirement plan

LEARN MORE

You should consider the investment objectives, risks, and charges and expenses of the investment funds and, if applicable, the variable annuity contract, carefully before investing. This and other information is contained in the funds' prospectuses and summary prospectuses and the contract prospectus or brochure, if applicable, which can be obtained by calling 800.468.3785 or visiting mutualofamerica.com. Read them carefully before investing.

*Statements made by clients of Mutual of America are not paid testimonials. These testimonials may not be representative of the experience of other clients and are not indicative of future performance or success.