Mutual of America

Mutual of America describes itself as specializing since 1945 in providing small and mid-sized not-for-profit organizations and companies with pension- and retirement-related services, along with customer support. It offers services for individuals, nonprofit organizations, businesses, tribal entities, and governmental organizations, and its individual offerings include Traditional IRA, Roth IRA, Flexible Premium Annuity, Managed IRA, and Self-Select IRA products. Stephen J. Rich is identified as Chairman, CEO and President of Mutual of America, and Joseph Gaffoglio is identified as President and CEO of Mutual of America Capital Management LLC.

Mutual of America states that since 1945 it has specialized in providing small and mid-sized not-for-profit organizations and companies with pension- and retirement-related services, along with leading customer support. It describes working to understand the needs of plan sponsors and providing competitively priced solutions so they can help their employees achieve their financial planning goals.

• Traditional IRA

  A variable annuity contract that provides certain tax advantages when setting aside a portion of earnings to build retirement income; available to all working and self-employed people and does not require employer sponsorship.

• Roth IRA

  A variable annuity contract that does not provide up-front income tax deductions for contributions, but provides tax-free investment earnings and tax-free distributions if qualified distributions are made.

• Flexible Premium Annuity

  A non-qualified, tax-deferred, variable annuity contract designed to help build savings for retirement, potentially appropriate for those seeking another tax-advantaged way to save and wanting a guaranteed monthly retirement income.

• Managed IRA

  An Individual Retirement Account portfolio managed on a discretionary basis by a professional investment advisor who can make investment decisions on the client's behalf.

• Self-Select IRA

  An Individual Retirement Account designed to give flexibility and control over how retirement savings are invested, all in one convenient place.

1. 1Retirement Services and Investments | Mutual of Americamutualofamerica.com
2. 2Learn More About Mutual of America Financial Group | Mutual of Americamutualofamerica.com
3. 3Types of Retirement Plans for Individuals | Mutual of America | Mutual of Americamutualofamerica.com
4. 4Newsroom | Mutual of Americamutualofamerica.com