Roth IRA

What is a Roth IRA?

The Mutual of America Roth IRA is a type of individual retirement variable annuity contract that generally allows you to receive distributions on a tax-free basis. The Roth IRA does not provide up-front income tax deductions for contributions, like there can be with a Traditional IRA. All contributions to a Roth IRA are made on an after-tax basis, but the Roth IRA provides the opportunity for tax-free investment earnings and tax-free distributions if qualified distributions are made.

Unlike other types of IRAs, you are not required to begin taking a distribution at any specific age, and you can continue to make contributions as long as you have earned income, even after age 70½. Mandatory distributions are only required to be made after the death of the Roth IRA contractholder.

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 Read them carefully before investing.

Mutual of America's 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 qualified retirement plan or IRA by applicable tax law. You should consider a variable annuity contract's other features before making a decision.

Form IRA-2004 or applicable state variation