For more risk-averse participants, the Interest Accumulation Account of our General Account is an attractive retirement savings alternative, with a guarantee of principal and previously credited interest to protect against market risk.
The guarantee is based on Mutual of America's financial strength and claims-paying ability. Mutual of America assumes the investment risk of the underlying investments of the Interest Accumulation Account.
The current effective annual yield for interest credited to the Interest Accumulation Account under our group annuity contracts is 1.00%.1
This guarantee is subject to Mutual of America's financial strength and claims-paying ability.
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 or brochure 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.