Interest Account & Investment Options

Mutual of America offers its products through two different platforms – Mutual Fund Platform and Annuity Platform. Our Group 401(k) and 403(b) Products are offered across both platforms, whereas our other Group Products and all Individual Products are offered through the Annuity Platform only.

For Employers and Their Employees

Mutual Fund
401(k) and 403(b)
Both of these plans offer mutual funds via a trust platform.
Annuity
401(k), 403(b), 401(a), Governmental 457, SIMPLE IRA and SIMPLE 401(k)
Each of these plans is funded by a group or individual variable annuity contract, as appropriate.

For Individuals

Annuity
Individual Retirement Annuity (IRA)
Mutual of America offers a Traditional IRA, Roth IRA and Inherited IRA, which provide certain tax advantages when you set aside a portion of your earnings to build your retirement income.
If you satisfy certain income requirements, your contributions to a Traditional IRA are tax deductible.
Annuity
Flexible Premium Annuity (FPA)
A Mutual of America Flexible Premium Annuity (FPA) is a tax-deferred, variable annuity contract designed to help you build savings for retirement.

Mutual of America Life Insurance Company's group and individual variable annuity contracts allow for contributions to be allocated among the insurance company's General Account and a diverse choice of Separate Account investment funds. The Separate Account investment funds purchase shares of underlying mutual funds or portfolios, which include the funds of Mutual of America Investment Corporation, or Mutual of America Variable Insurance Portfolio Inc., as applicable, Fidelity Variable Insurance Products Portfolios: Mid Cap, Equity-Income, Asset Manager and Contrafund®; Vanguard Variable Insurance Fund Portfolios: Diversified Value, International, Total Bond Market Index, and Real Estate Index; Goldman Sachs VIT Funds: Small Cap Equity Insights, US Equity Insights; American Century Investments® VP Capital Appreciation Fund; American Funds Insurance Series® New World Fund®; Calvert VP SRI Balanced Portfolio; Delaware VIP® Small Cap Value Series; DWS Capital Growth VIP; Invesco Oppenheimer V.I. Main Street Fund®; MFS® VIT III Mid Cap Value Portfolio; Neuberger Berman AMT Sustainable Equity Portfolio; PIMCO Variable Insurance Trust Real Return Portfolio; T. Rowe Price Blue Chip Growth Portfolio; and Victory RS Small Cap Growth Equity VIP Series. These underlying funds or portfolios sell their shares to separate accounts of insurance companies and are not publicly available. Some contracts issued under retirement plans limit the available Investment Funds or restrict their use when contributions for a participant have not vested to the participant.

Mutual of America Separate Account No. 2 is available under individual annuity contracts for Traditional Individual Retirement Annuities, Roth Individual Retirement Annuities, Inherited Individual Retirement Annuities, and Flexible Premium Annuities. Additional information about Mutual of America Separate Account No. 2 can be found on this website.

Mutual of America Separate Account No. 1 is available under group annuity contracts for qualified Defined Benefit, Defined Contribution, and 401(k) plans. Mutual of America Separate Account No. 2 is available under group annuity contracts for Tax-Deferred Annuities, Section 457 plans, and Thrift plans, and under individual annuity contracts for Simplified Employee Pension (SEP) and Savings Incentive Match Plan for Employees of Small Employers (SIMPLE) Individual Retirement Annuities. Additional information about Mutual of America Separate Accounts No. 1 and No. 2 can be found on this website.

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.

Mutual of America also offers other products such as group annuity contracts for defined contribution, defined benefit, and 401(k) plans. These contracts allow for contributions to be allocated to the funds of Mutual of America Separate Account No. 1. For information on these Mutual of America products, including charges and expenses, please contact us at for a brochure and prospectus. Read them carefully before you invest.