Individual Retirement Annuity

Total Return Performance Data

Group Products (Except Defined Benefit and Pension Investment Contract), SEP and SIMPLE Contracts Separate Account No. 2 - Standard Pricing

Equity Funds

Mutual of America Equity Index Fund 02/05/1993 24.70% 0.94% 26.03% 18.58% 16.14% 14.50%
Mutual of America All America Fund 01/01/1985 23.45% 0.02% 25.81% 16.52% 13.69% 12.75%
Mutual of America Small Cap Value Fund 07/01/2005 28.66% 0.62% 34.08% 7.46% 5.20% 7.80%
Mutual of America Small Cap Growth Fund 07/01/2005 9.13% -3.16% 16.71% 18.82% 14.89% 11.96%
Mutual of America Small Cap Equity Index Fund 07/02/2018 24.09% -1.78% 29.33% 11.44% N/A 8.10%
Mutual of America Mid Cap Value Fund 07/01/2005 29.60% -0.34% 29.71% 11.97% 9.05% 9.89%
Mutual of America Mid-Cap Equity Index Fund 01/01/1985 21.17% -1.70% 24.61% 13.01% 10.77% 11.97%
Mutual of America International Fund 11/05/2007 7.52% -5.11% 9.48% 7.97% 7.35% 5.67%
American Century Investments® VP Capital Appreciation Fund 2 01/03/1989 10.04% -2.39% 16.32% 23.93% 18.58% 14.21%
American Funds Insurance Series® New World Fund® 08/05/2013 2.95% -6.35% 8.36% 15.02% 11.69% 6.56%
Delaware VIP® Small Cap Value Series 07/01/2019 31.13% 1.31% 35.28% N/A N/A 11.96%
DWS Capital Growth VIP 01/03/1989 21.04% 1.40% 25.27% 26.45% 22.18% 17.42%
Fidelity® VIP Mid Cap Portfolio 2 07/01/2005 22.48% -0.08% 26.47% 14.34% 11.41% 11.10%
Fidelity® VIP Equity-Income Portfolio 2 05/01/1995 20.31% -2.68% 21.60% 11.93% 9.68% 10.78%
Fidelity® VIP Contrafund® Portfolio 2 05/01/1995 25.76% 1.48% 27.24% 23.65% 18.54% 15.02%
Goldman Sachs VIT Small Cap Equity Insights Fund 07/01/2019 21.53% -1.92% 27.17% N/A N/A 13.21%
Goldman Sachs VIT US Equity Insights Fund 07/01/2019 24.59% -0.50% 25.32% N/A N/A 18.89%
Invesco V.I. Main Street Fund® 07/01/2005 24.19% 0.89% 24.78% 16.93% 13.71% 13.35%
MFS® VIT III Mid Cap Value Portfolio 07/02/2018 27.29% 0.11% 26.63% 13.32% N/A 10.82%
Neuberger Berman AMT Sustainable Equity Portfolio 07/01/2019 19.11% -1.65% 19.42% N/A N/A 17.88%
T. Rowe Price Blue Chip Growth Portfolio 2 08/05/2013 17.46% -1.97% 19.31% 22.08% 21.93% 16.89%
Vanguard VIF Diversified Value Portfolio 07/01/2005 27.26% -0.22% 28.31% 15.09% 11.24% 11.40%
Vanguard VIF International Portfolio 07/01/2005 -1.59% -7.60% 4.35% 22.48% 19.17% 11.90%
Victory RS Small Cap Growth Equity VIP Series 2 07/01/2019 -9.36% -7.18% -5.16% N/A N/A 10.13%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Real Estate Fund

Vanguard VIF Real Estate Index Portfolio 08/05/2013 31.65% -1.58% 29.55% 11.45% 8.73% 8.24%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Fixed Income Funds

Mutual of America Money Market Fund 7-day current yield as of 11/30/21 was -1.40%** 01/01/1985 -1.44% -0.34% -1.55% -0.61% -0.45% -0.88%
Mutual of America Mid-Term Bond Fund 02/05/1993 -3.36% -1.39% -3.04% 1.98% 1.07% 0.96%
Mutual of America Bond Fund 01/01/1985 -3.61% -1.19% -3.49% 2.99% 1.73% 1.93%
PIMCO VIT Real Return Portfolio 2 08/05/2013 3.53% 0.59% 5.31% 7.15% 4.01% 2.31%
Vanguard VIF Total Bond Market Index Portfolio 07/02/2018 -2.73% -0.91% -2.58% 4.06% N/A 3.33%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Balanced Funds

Mutual of America Composite Fund 01/01/1985 13.29% -0.49% 13.48% 10.91% 9.19% 8.45%
Fidelity® VIP Asset Manager Portfolio 2 05/01/1995 7.89% -1.39% 10.13% 10.71% 8.47% 7.09%
Calvert VP SRI Balanced Portfolio 05/13/1991 12.43% -0.78% 13.44% 13.34% 10.60% 8.74%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Asset Allocation Funds

Mutual of America Conservative Allocation Fund 05/20/2003 5.76% -1.01% 6.37% 7.45% 5.88% 5.13%
Mutual of America Moderate Allocation Fund 05/20/2003 11.71% -0.88% 12.87% 10.55% 8.78% 7.95%
Mutual of America Aggressive Allocation Fund 05/20/2003 15.39% -1.08% 17.57% 12.48% 10.42% 9.84%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Retirement Funds (Learn More)

Mutual of America Retirement Income Fund 11/05/2007 3.91% -0.72% 4.26% 5.84% 4.66% 4.45%
Mutual of America 2015 Retirement Fund 11/05/2007 5.91% -1.00% 6.47% 6.86% 5.96% 6.26%
Mutual of America 2020 Retirement Fund 11/05/2007 7.66% -1.01% 8.64% 8.18% 7.13% 7.29%
Mutual of America 2025 Retirement Fund 11/05/2007 9.57% -1.09% 10.91% 9.37% 8.23% 8.39%
Mutual of America 2030 Retirement Fund 11/05/2007 12.60% -1.04% 14.27% 10.89% 9.45% 9.40%
Mutual of America 2035 Retirement Fund 11/05/2007 15.00% -1.08% 16.99% 12.02% 10.36% 10.12%
Mutual of America 2040 Retirement Fund 11/05/2007 16.89% -1.07% 19.11% 12.89% 10.88% 10.43%
Mutual of America 2045 Retirement Fund 11/05/2007 17.44% -1.09% 19.75% 12.98% 10.96% 10.45%
Mutual of America 2050 Retirement Fund 10/01/2012 17.74% -1.18% 20.20% 13.04% 10.97% 10.18%
Mutual of America 2055 Retirement Fund 10/01/2016 18.01% -1.22% 20.61% 13.23% 11.07% 11.05%
Mutual of America 2060 Retirement Fund 07/02/2018 18.48% -1.24% 21.25% 13.45% N/A 10.70%
Mutual of America 2065 Retirement Fund 08/03/2020 18.48% -1.33% 21.38% N/A N/A 25.65%
Investment Fund Date of Inception 1 Year to Date as of 12/07/2021 Prior 3 Months as of 11/30/2021 Average Annual Returns for Years Ended 11/30/2021 - 1 YearAverage Annual Returns for Years Ended 11/30/2021 - 3 YearsAverage Annual Returns for Years Ended 11/30/2021 - 5 YearsAverage Annual Returns for Years Ended 11/30/2021 - 10 Years*

Current Total Separate Account Annual Expenses are 1.35%. Performance between August 1, 2010 and June 30, 2017 reflects Total Separate Account Annual Expenses of 1.20%. Performance prior to August 1, 2010 reflects Total Separate Account Annual Expenses of 0.90%.

* Or since inception if the Fund has been in existence for less than 10 years. ** Please note that the current yield quotation more closely reflects the current earnings of the Money Market Fund than the total return performance data.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and unit values will fluctuate so that units, when redeemed, may be worth more or less than their original cost. Investment Fund total return performance currently may be lower or higher than the figures stated above.

The total return performance data are based on a hypothetical investment of $1,000, which is redeemed at the end of the periods shown. The total return figures reflect the reinvestment of investment income and capital gains and losses, and are net of expenses which include a contract fee, an expense risk fee, administrative charges, a distribution expense charge and Underlying Funds fees and expenses.

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. Money Market Fund Investors: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

The total return figures for periods extending beyond a year are average rates of return and do not reflect the Funds' actual year-to-year results, which varied over the periods shown. Contributions or withdrawals made within a period would experience different rates of return based on the unit values on the dates of such transactions.

1 Date of Inception shown for an Investment Fund is the date the Underlying Fund became available to the Separate Account. An Underlying Fund may have begun operations at an earlier date.

2 The transfer agent and distributor for the Fidelity VIP Portfolios and the investment advisers for the PIMCO Variable Insurance Trust Real Return Portfolio, the T. Rowe Price Blue Chip Growth Portfolio, MFS® VIT Mid Cap Value Portfolio, and the Victory RS Small Cap Grown Equity VIP Series reimburse Mutual of America Life Insurance Company for certain administrative expenses or services Mutual of America provides. We pass these reimbursements on to our contract holders, and as such, the Separate Account expenses for the corresponding Separate Account Funds are reduced to the extent Mutual of America receives such reimbursements. Without such reimbursements, the performance returns of the corresponding Separate Account Funds would have been lower. Please refer to the prospectuses of these Underlying Funds for more information on such expense reimbursements.