- 2016 Annual Report
- Selected Financial Highlights
- Letter From Thomas J. Moran
- Letter From John R. Greed
- Featured Stories
- Board of Directors
- PDF / Share
“ Employees are more willing to enroll and be actively engaged in saving because they have a personal relationship with a local representative they can call and meet with privately. ”
Tyrone Golatt, Executive Field Vice President, Mutual of America
Mutual of America’s integrated approach to service is ideal for small to medium-size nonprofits and businesses because we start from the premise that our clients are not experts in retirement plans. When Valve Research chose to leave its retirement plan service provider and make the move to Mutual of America, our dedicated Regional Office team oversaw every detail of the transition process.
Our goal is to reduce the burden of plan administration so employers can focus on running their organization. The services we offer are what a larger employer would expect and at a very, very competitive price.
Mutual of America’s Regional Office structure brings local representatives within reach of every customer. When clients call, our local representatives know who they are — we know their employees, their plans and their organizational goals and challenges.
The same is true for our relationships with employees. Employees are more willing to enroll and be actively engaged in saving because they have a personal relationship with a local Mutual of America representative they can call and meet with privately when the need arises.
Unless employees understand their retirement plans and the features associated with them, they are unlikely to value them, contribute or manage their retirement portfolios appropriately. In-person meetings are the best way to motivate employees to make positive changes in their saving habits — across all age and income groups. Employers see tangible results when participation and contribution rates rise.
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.