Retirement Income Options - Individual Annuity Products

Turning Your Retirement Savings into Retirement Income

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 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 Flexible Premium Annuity (FPA) and Individual Retirement Annuities (IRAs) are individual 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 IRA by applicable tax law. You should consider a variable annuity contract's other features before making a decision.

1You can only contribute to a Roth IRA or Traditional IRA to the extent you have earned income.

2Death benefits from your FPA or IRA are subject to federal and state income tax to the same extent as would be taxable to you.

3For an FPA, withdrawals of the tax-deferred interest and any 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. For IRAs (except Roth), 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. For Roth IRAs, withdrawals of your after-tax contributions are not subject to federal income taxes. And, you won't have to pay federal income taxes on withdrawals of your interest and any investment earnings if taken at least five years after a contribution is made, starting with the year in which a contribution is made, and you have attained age 59½; or withdrawals for a qualified first-time home purchase (up to a $10,000 maximum lifetime limit); or as a result of your death or disability.

4While these ratings do not apply to the safety or investment performance of the Separate Account investment funds available under Mutual of America's products, they do reflect the Company's ability to fulfill its General Account obligations, which include its obligations under the Interest Accumulation Account, annuity purchase rate guarantees and annuity benefit payouts, as well as life insurance and disability income payments. Third party ratings are subject to change.

Form FPA-2002 or applicable state variation
Form IRA-2004 or applicable state variation

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