Traditional IRA

What is a Traditional IRA?

The Mutual of America Traditional IRA, a variable annuity contract, provides certain tax advantages when you set aside a portion of your earnings to build your retirement income. IRAs are individually owned variable annuity contracts that are available to all working and self-employed people, and they do not require employer sponsorship. If you satisfy certain income requirements, your contributions to a Traditional IRA are tax deductible. If you are not entitled to a tax deduction, you may make nondeductible contributions.

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 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 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
Form INHER IRA-2010 or applicable state variation