Mutual of America Board of Directors

Thomas J. Moran

Chairman of the Board Mutual of America New York, New York

John R. Greed

President and Chief Executive Officer Mutual of America New York, New York

Clifford L. Alexander, Jr.

President Alexander & Associates, Inc. New York, New York

Kimberly Casiano

President Kimberly Casiano & Associates Inc. San Juan, Puerto Rico

William S. Conway

Senior Executive Vice President and Chief Operating Officer Mutual of America New York, New York

Wayne A. I. Frederick, M.D.

President Howard University Washington, D.C.

Earle H. Harbison, Jr.

Chairman Harbison Corporation St. Louis, Missouri

Maurine A. Haver

Founder and ChiefExecutive Officer Haver Analytics, Inc. New York, New York

Frances R. Hesselbein

President and Chief Executive Officer The Frances Hesselbein Leadership Institute New York, New York

Amir Lear

Chairman and Chief Executive Officer Mutual of America Capital Management LLC New York, New York

LaSalle D. Leffall, Jr., M.D.

Charles R. Drew Professor of Surgery Howard University College of Medicine Washington, D.C.

Senator Connie Mack

Chairman Emeritus Liberty Partners Group Washington, D.C. Chairman Emeritus H. Lee Moffitt Cancer Center & Research Institute Tampa, Florida

Robert J. McGuire, Esq.

Counsel New York, New York

Roger B. Porter, Ph.D.

IBM Professor of Business and Government Harvard University Cambridge, Massachusetts

General Dennis J. Reimer

U.S. Army (Retired) President Army Emergency Relief Arlington, Virginia

James J. Roth

Senior Executive Vice President and General Counsel Mutual of America New York, New York

Election of Directors

Mutual of America policyholders and contract holders are entitled to participate in the election of Directors. The election is held each year on a designated working day in April. In 2017 the election of Directors is scheduled for Thursday, April 27, 2017, between 10:00 a.m. and 4:00 p.m., at the Home Office, 320 Park Avenue, New York, NY 10022. At each election, approximately one-third of the Directors are elected for terms of three years.

Each policyholder and contract holder whose policy or contract has been in force for one year prior to the date of election is entitled to one vote per person to be cast in person, by mail or by proxy. Pursuant to Section 4210 of the New York Insurance Law, groups of policyholders or contract holders have the right to nominate one or more independent tickets not less than five months prior to the date of each election. Mail ballots may be obtained by writing to the Corporate Secretary at Mutual of America’s Home Office address, no later than 60 days prior to the date of election.

Mutual of America Boards

Mutual of America CAPITAL MANAGEMENT LLC

  • Amir Lear Chairman and Chief Executive Officer Mutual of America Capital Management LLC New York, New York
  • Theresa A. Bischoff Partner RC Consulting Group LLC Culebra, Puerto Rico
  • Noreen Culhane Executive Vice President (Past) New York Stock Exchange New York, New York
  • Nathaniel A. Davis Executive Chairman K12 Inc. Herndon, Virginia
  • Robert C. Golden Executive Vice President of Corporate Operations (Past) Prudential Financial, Inc. Newark, New Jersey
  • John E. Haire Chief Executive Officer Concern Worldwide U.S. New York, New York
  • Christopher C. Quick Vice Chairman Global Wealth and Investment Management (Past) Bank of America New York, New York
  • James E. Quinn President (Past) Tiffany & Company New York, New York
  • Alfred E. Smith IV Chairman of the Board (Past) Saint Vincent CatholicMedical Centers New York, New York
  • John J. Stack Chairman and Chief Executive Officer (Past) Ceska Sporitelna Prague, Czech Republic

Mutual of America INVESTMENT CORPORATION Mutual of America INSTITUTIONAL FUNDS, INC.

  • James J. Roth Chairman of the Board, President and Chief Executive Officer Mutual of America Investment Corporation and Mutual of America Institutional Funds, Inc. New York, New York
  • Carolyn N. Dolan Executive Vice President, Head of Direct ClientInvestments Fiera Capital Inc. New York, New York
  • LaSalle D. Leffall III President and Founder LDL Financial, LLC Washington, D.C.
  • John W. Sibal President and ChiefExecutive Officer Eustis Commercial Mortgage Corporation New Orleans, Louisiana
  • Margaret M. Smyth Chief Financial Officer, U.S. National Grid New York, New York
  • Patrick J. Waide, Jr. President (Past) Drucker Foundation New York, New York
  • William E. Whiston Chief Financial Officer Archdiocese of New York New York, New York

320 PARK ANALYTICS LLC

  • Paul Travers Chairman of the Board, President and Chief Executive Officer 320 Park Analytics LLC New York, New York
  • Mark C. Alexander Arthur J. Kania Dean and Professor of Law Villanova University Charles Widger School of Law Villanova, Pennsylvania
  • William P. Hannon Executive Vice President, Enterprise Risk Management, Chief Risk Officer &Business Conduct Officer (Past) The Travelers Companies, Inc. New York, New York
Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the variable annuity contract and the underlying investment funds. This and other information is contained in the contract prospectus or brochure and underlying funds prospectuses and summary prospectuses. Please read the contract prospectus or brochure and underlying fund prospectuses and summary prospectuses carefully before investing. The contract prospectus or brochure and underlying fund prospectuses and summary prospectuses can be obtained by calling or by visiting mutualofamerica.com.

Mutual of America’s group and individual retirement products are 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 carefully consider a variable annuity contract’s other features before making a decision.

Statements made in this interactive annual report by clients of Mutual of America are not paid testimonials. These testimonials may not be representative of the experience of other clients and are not indicative of future performance or success.

There is no separate fee for Mutual of America’s Financial Consulting Services, although there are minimum account balance requirements. The guidance and information provided by Mutual of America’s Financial Consultants are educational in nature and are not intended to serve as a primary basis for investment decisions. Mutual of America’s Financial Consulting Services do not create an investment advisory or a fiduciary relationship (including under ERISA) between you or your employees and Mutual of America. Mutual of America and its Financial Consultants do not provide tax or legal advice. Consult your personal tax adviser or attorney for matters involving taxation and tax planning and your attorney for matters involving personal trusts and estate planning.