Start Taking Greater Advantage of Your Mutual of America FPA Today!
Mutual of America's Flexible Premium Annuity (FPA), a variable annuity contract, is an attractive alternative for individuals seeking higher yields and tax advantages for their retirement and other long-term savings needs.

An Interest Accumulation Account that pays higher interest rates for higher balances and guarantees your principal and previously credited interest.

This guarantee is subject to Mutual of America's financial strength and claims-paying ability.

Chart of investment annual yields

Your interest and any investment earnings accumulate on a tax-deferred basis until withdrawn.

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.
No withdrawal or surrender fees and no sales commissions.4

There is a contract fee (unless you elect to receive documents electronically), and investments in the Separate Account investment funds are subject to Separate Account charges and underlying funds investment management fees and expenses.
You can contribute from any source, such as savings or proceeds from a sale or inheritance, with no limits on your contributions.
New lower fees for Separate Account balances so you can keep more of what you earn!1
Keep more of what you earn with our lower fees for balances in our Separate Account investment funds, including target-date Retirement Funds5 with professional asset allocation and management to help simplify your investment decisions.

As of March 31, 2017, each of our rated target-date Retirement Funds received Morningstar Ratings of 5 Stars (their maximum) for the Overall, 3-year and 5-year periods.6
Diverse Choice of Investment Funds
The performance of the Separate Account investment funds is not guaranteed, and any assets allocated to them may decrease or increase in value.
Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the contract and the underlying investment funds. This and other information is contained in the contract prospectus and underlying funds prospectuses and summary prospectuses. Please read the prospectuses and summary prospectuses carefully before investing. The prospectuses and summary prospectuses can be obtained by mail or by calling 1-866-939-7655.

Mutual of America's FPA is an individual variable annuity contract and is suitable for long-term investing, particularly for retirement savings. The value of your 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.
1Mutual of America's annual Separate Account fees on FPA Separate Account balances have been reduced from 1.20% to 0.90%. In addition, the underlying funds incur annual expenses (including management fees and other expenses) that range from 0.16% to 0.99%.

2Total FPA account balance for FPA contracts is determined by aggregating all amounts in the Interest Accumulation Account and in the Separate Account investment funds under each FPA contract separately. FPA contracts are not aggregated with other FPA or IRA contracts owned by the same person. Interest rate applies only to balances allocated to the Interest Accumulation Account.

3We guarantee that we will credit interest for the life of the contract to amounts in the Interest Accumulation Account of our General Account at a rate at least equal to the greater of (1) any contractual minimum guarantee provided by the contract or (2) the minimum rate required by applicable state law or, if no state law minimum rate is applicable to a contract, the guaranteed minimum credited interest rate will be set pursuant to National Association of Insurance Commissioners (NAIC) standard nonforfeiture law. The NAIC minimum rate is determined in accordance with a formula, and cannot be less than 1.00% or more than 3.00% in any event. We determine whether the application of the formula will change the minimum guaranteed rate each November, and any change is effective the following January 1 for that calendar year. The current minimum rate has been set at 1.00% in accordance with this formula. In addition, Mutual of America may credit interest to your contract amounts in the General Account at a higher rate that we declare from time to time and which may increase or decrease at our sole discretion, although we are not obligated to credit interest in excess of the minimum guaranteed rate. If you have an existing contract, you should refer to it before making a decision because it may have a guaranteed minimum rate in excess of the formula described above and the advertised declared rate. We compound interest daily on your contract amounts in the General Account to produce an effective annual yield that is equal to the stated interest rate.

4Withdrawals 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.

5The target date set forth in each Retirement Fund's name is the approximate date that the fund expects investors to retire and begin withdrawing their account balance. The value of a Retirement Fund is not guaranteed at any time, including at and after the target date. There is no guarantee that a Retirement Fund will correctly predict market or economic conditions, and as with other mutual fund investments, you could lose money. In addition to a retirement date, individuals should consider their risk tolerance, time horizon, personal circumstances and complete financial situation before investing.

6Morningstar, Inc., is an independent financial publisher of investment data and analysis. See for more information about our Morningstar ratings. Past performance is no guarantee of future results. For comparative purposes, the number of funds rated by Morningstar in the following categories for the stated periods were for Target Date Retirement, 46 funds/overall, 3-year and 5-year; Target Date 2000–2010, 164 funds/overall and 3-year, 157 5-year; Target Date 2015, 114 funds/overall and 3-year, 112 5-year; Target Date 2020, 192 funds/overall and 3-year, 185 5-year; Target Date 2025, 76 funds/overall and 3-year, 75 5-year; Target Date 2030, 151 funds/overall and 3-year, 144 5-year; Target Date 2035, 34 funds/overall and 3-year, 32 5-year; Target Date 2040, 56 funds/overall and 3-year, 55 5-year; Target Date 2045, 22 funds/overall and 3-year, 21 5-year; Target Date 2050, 15 funds/overall and 3-year, n/a 5-year. Morningstar compares each of the Separate Account investment alternatives to their universe of separate account investment funds offered in registered individual annuities from other insurance companies (net of Separate Account and underlying fund fees and expenses). The Morningstar category for each Fund is determined solely by Morningstar in order to rate funds with similar investment styles. Although Morningstar data is gathered from reliable sources, neither Morningstar nor Mutual of America can guarantee its completeness or accuracy. © 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Please consult the contract prospectus and the underlying funds prospectuses for information on expense reimbursements and voluntary expense limitations, which, if not made, might have affected these star ratings. You may obtain investment performance information on these Funds by visiting here or by calling 1-800-468-3785.

The Morningstar Rating™ for funds, or "star rating," is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36–59 months of total returns, 60% five-year rating/40% three-year rating for 60–119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Form FPA-2002 or applicable state variation

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