| |
FEES AND EXPENSES |
LOCATION IN PROSPECTUS | ||
| Are There
Charges for Early
Withdrawals? |
No. |
|||
| Are There
Transaction
Charges? |
No, there are no charges for transactions under the Contract. |
|||
| Are There
Ongoing Fees
and Expenses?
(annual charges) |
Yes, the table below describes the fees and expenses that you may pay each year, depending on the Investment Alternatives and optional benefits you choose. Please refer to your Contract
specifications page for information about the specific fees you
will pay each year based on the options you have elected. |
|||
| ANNUAL FEE |
MIN. |
MAX. | ||
| 1.21%1 |
1.25%1 | |||
| 2. Underlying Fund fees and
expenses |
0.14%2 |
8.91%2 | ||
| 3. Optional benefits available
for an additional charge |
NA |
NA | ||
| 1 As a percentage of the Separate Account value. There are several classes of the Contract, each of which has a different Separate Account charge. See the “Charges” section of the Prospectus for a description of the different classes of the
Contract and related charges.
2As a percentage of the net asset value of the Underlying Fund
assets. Net of fee waivers, the max is 1.24%. | ||||
| |
Because you may choose from among the
Investment
Alternatives offered, the choices you make affect how much you
will pay. To help you understand the cost of owning your
Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. |
| ||
| LOWEST ANNUAL COST
ESTIMATE: $1,380*
|
HIGHEST ANNUAL COST
ESTIMATE: $10,411* | |||
| Assumes:
●Investment of $100,000 ●5% annual appreciation
●Least expensive combination of Contract classes and Underlying Fund fees and
expenses
●No optional benefits ●No sales charges ●No additional
Contributions,
transfers, or withdrawals |
Assumes:
●Investment of $100,000 ●5% annual appreciation
●Most expensive combination of Contract
classes and Underlying
Fund
fees and expenses ●No optional benefits
●No sales charges ●No additional
Contributions,
transfers, or withdrawals | |||
| * Net of fee waivers, the highest annual cost estimate will be
$2,552. | ||||
| |
RISKS |
| ||
| Is There a Risk of
Loss from Poor
Performance? |
Yes, you can lose money by investing in this Contract, including
loss of principal. |
|||
| Is this a
Short-Term
Investment? |
No, this Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. In particular: ●Tax deferral is more beneficial to Participants with a long-term
investment time horizon.
●Withdrawals are subject to ordinary income tax and may be subject to tax penalties. ●The Contract is not intended for those who may need to make
early or frequent withdrawals or intend to engage in frequent
trading in the
Underlying Funds. |
|||
| What Are the
Risks Associated
with the
Investment
Options? |
An investment in the
Contract is subject to the risk of poor
investment performance, and can vary, depending on the
performance of the
Underlying Funds. Each investment option
available under the
Contract, including the
General Account, will
have its own unique risks.
You should review these
Investment
Alternatives before making an investment decision. |
|||
| What Are the
Risks Related to
the Insurance
Company? |
An investment in the
Contract is subject to the risks related to
Mutual of America
, including that any obligations (including under the General Account
), guarantees, and benefits of the
America. More information about
Mutual of America, including its
financial strength ratings, is available upon request from
Mutual
of America by calling our toll-free number, 800.468.3785 or by
visiting our website at mutualofamerica.com. |
|||
| |
RESTRICTIONS |
| ||
| Are There Limits
on the
Investment
Options? |
Yes, your ability to allocate Contributions
among the Investment
Alternatives
Separate Account is subject to any restrictions
contained in your Employer’s Plan. If your Employer’s Plan
permits transfers to other contracts, you may transfer your
Account Value
but only to a provider specifically identified in the Plan. Transfers while you are actively employed to any provider not specified in the Plan are prohibited. We may remove an Underlying Fund or limit its availability to new
Contributions and/or transfers of
Account Value if we determine
that an Underlying Fund no longer satisfies one or more of our
selection criteria. |
|||
| Are There any
Restrictions on
Contract
Benefits? |
NA |
| ||
| |
TAXES |
| ||
| What Are the
Contract's Tax
Implications? |
You should consult with a tax professional to determine the tax implications of an investment in and Contributions made under
the Contract.
Because of the favorable tax treatment provided for all IRAs,
there are no additional tax benefits to the contract.
Withdrawals will be subject to ordinary income tax, and may be
subject to tax penalties. |
|||
| |
CONFLICTS OF INTEREST |
| ||
| How Are
Investment
Professionals
Compensated? |
Contract over
another investment. |
|||
| Should I
Exchange My
Contract? |
Registered representatives may have a financial incentive to offer
a contractholder a new contract in place of the one the
contractholder already owns. A contractholder should only
exchange their Contract if the contractholder determines, after
comparing the features, fees, and risks of both contracts, that it
is preferable for the contractholder to purchase the new contract
rather than continue to own the existing contract. |
Purchases and
Contract Value | ||
| Type/Investment
Objective |
Underlying
Fund and Adviser/Subadviser |
Current Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Equity Fund Seeks investment results that correspond to the investment performance of Standard & Poor’s 500® Composite Stock Price Index (the “S&P 500 Index”*) |
0.14% |
17.68% |
14.52% |
14.65% |
| |
| Equity Fund Seeks to outperform Russell 3000® Index** by investing in a diversified portfolio of primarily common stocks |
0.55% |
11.96% |
10.91% |
11.87% |
| |
| Equity Fund Seeks capital appreciation |
0.85% |
2.00% |
8.22% |
6.53% |
| |
| Equity Fund Seeks capital appreciation |
0.85% |
8.52% |
1.75% |
8.77% |
| |
| Equity Fund
Seeks investment
results that correspond
to investment
performance of S&P
SmallCap 600® Index* |
0.25% |
5.80% |
7.11% |
|
6.41%2 | |
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Equity Fund
Seeks capital
appreciation and, to a
lesser extent, current
income |
0.70% |
2.48% |
7.82% |
8.10% |
| |
| Equity Fund
Seeks investment
results that correspond
to investment
performance of S&P
MidCap 400® Index* |
0.17% |
7.28% |
8.93% |
10.52% |
| |
| Equity Fund
Seeks capital
appreciation |
0.48% |
37.20% |
11.10% |
9.25% |
| |
| Equity Fund
Seeks capital growth |
LVIP American Century
Capital Appreciation
Fund
Adviser: Lincoln Financial Investments Corporation SubAdviser: American
Century Investment
Management, Inc. |
0.57% |
6.95% |
5.49% |
|
12.13%3 |
| Equity Fund
Seeks long-term capital
appreciation |
0.57% |
28.60% |
5.59% |
9.53% |
| |
| Equity Fund
Seeks long-term capital
growth |
American Century Small
Cap Growth R6 |
0.78% |
9.40% |
3.31% |
12.60% |
|
| Equity Fund
Seeks capital
appreciation |
0.74% |
8.16% |
9.26% |
9.15% |
| |
| Equity Fund
Seeks to provide
long-term growth of
capital |
DWS Capital Growth VIP
Adviser: DWS Investment Management Americas, Inc. |
0.49% |
12.53% |
10.92% |
15.29% |
|
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Equity Fund
Seeks reasonable
income and will also
consider potential for
capital appreciation.
Fund’s goal is to
achieve a yield which
exceeds the composite
yield on the securities
comprising the S&P
500® Index |
Fidelity VIP
Equity-Income Portfolio
Adviser: Fidelity Management & Research
Company LLC (FMR)
Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research Japan Limited serve as sub-advisers. |
0.46% |
19.02% |
12.51% |
11.60% |
|
| Equity Fund
Seeks long-term capital
appreciation |
Fidelity VIP Contrafund®
Portfolio
Adviser: Fidelity Management & Research
Company LLC (FMR)
Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research Japan Limited serve as sub-advisers. |
0.54% |
21.52% |
15.37% |
15.78% |
|
| Equity Fund
Seeks long-term
growth of capital |
Fidelity VIP Mid Cap
Portfolio
Adviser: Fidelity Management & Research
Company LLC (FMR)
Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research Japan Limited serve as sub-advisers. |
0.55% |
11.75% |
10.10% |
10.59% |
|
| Equity Fund
Seeks long-term
growth of capital |
Goldman Sachs VIT
Small Cap Equity Insights
Fund
Adviser: Goldman Sachs Asset Management, L.P. |
0.82% |
16.14% |
10.47% |
10.84% |
|
| Equity Fund
Seeks long-term
growth of capital and
dividend income |
Goldman Sachs VIT US
Equity Insights Fund
Adviser: Goldman Sachs Asset Management, L.P. |
0.56% |
15.75% |
13.81% |
13.73% |
|
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Equity Fund
Seeks capital
appreciation |
Invesco V.I. Main Street
Fund® Adviser: Invesco
Advisers, Inc. |
0.80% |
15.93% |
12.47% |
12.53% |
|
| Equity Fund
Seeks capital
appreciation |
MFS® VIT III Mid Cap
Value Portfolio
Adviser: MFS |
0.79% |
5.98% |
10.18% |
9.95% |
|
| Equity Fund
Seeks long-term
growth of capital by
investing primarily in
securities of
companies that meet
Fund’s environmental,
social and governance
(ESG) criteria |
Neuberger Berman
Advisers Management
Trust Sustainable Equity
Portfolio
Adviser: Neuberger Berman Investment Advisers LLC |
0.87% |
13.71% |
12.83% |
12.94% |
|
| Equity Fund
Seeks to provide
long-term capital
growth with income as
secondary objective |
T. Rowe Price Blue Chip
Growth Portfolio
Adviser: T. Rowe Price Associates, Inc. |
0.75% |
18.74% |
11.68% |
15.54% |
|
| Equity Fund
Seeks to provide
long-term capital
appreciation and
income |
Vanguard Variable
Insurance Fund
Diversified Value
Portfolio® Advisers: Lazard Asset
Management LLC and
Hotchkis and Wiley
Capital Management,
LLC |
0.28% |
16.83% |
13.24% |
11.76% |
|
| Equity Fund
Seeks to provide
long-term capital
appreciation |
Vanguard Variable
Insurance
Fund International
Portfolio® Advisers: Baillie Gifford
Overseas Ltd. And
Schroder Investment
Management North
America Inc. |
0.32% |
19.97% |
0.62% |
10.48% |
|
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Real Estate Fund
Seeks to provide a high
level of income and
moderate long-term
capital appreciation by
tracking performance
of a benchmark index
that measures
performance of publicly
traded equity REITs
and other real
estate-related
investments |
Vanguard Variable
Insurance Fund Real
Estate Index Portfolio® Adviser: The Vanguard
Group, Inc. |
0.26% |
3.11% |
4.51% |
5.08% |
|
| Fixed Income Fund
Seeks current income
to extent consistent
with maintenance of
liquidity, investment
quality and stability of
capital |
0.23% |
4.15% |
3.06% |
1.96% |
| |
| Fixed Income Fund
Primary investment
objective is to produce
a high level of current
income with secondary
investment objective to
preserve shareholders’
capital |
0.47% |
6.65% |
0.74% |
2.14% |
| |
| Fixed Income Fund
Seeks current income,
with preservation of
shareholders’ capital a
secondary objective |
0.45% |
7.58% |
-0.56% |
1.92% |
| |
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Fixed Income
Seeks to achieve its
investment objective by
investing under normal
circumstances at least
80% of its net assets in
inflation-indexed bonds
of varying maturities
issued by the U.S. and
non-U.S. governments,
their agencies or
instrumentalities and
corporations, which
may be represented by
forwards or derivatives
such as options,
futures contracts or
swap agreements |
PIMCO Variable
Insurance Trust Real
Return Portfolio
(Institutional Class)
Adviser: Pacific Investment Management
Company LLC |
1.24% |
8.01% |
1.36% |
3.37% |
|
| Fixed Income Fund
Seeks to track the
performance of a
broad, market-weighted
bond index |
Vanguard Variable
Insurance Fund Total
Bond Market Index
Portfolio® Adviser: The Vanguard
Group, Inc. |
0.14% |
6.94% |
-0.51% |
1.90% |
|
| Balanced Fund
Seeks capital
appreciation and
current income by
investing in a
diversified portfolio of
common stocks, debt
securities and money
market instruments |
0.57% |
18.82% |
10.50% |
10.04% |
| |
| Balanced Fund
Seeks to obtain high
total return with
reduced risk over the
long term by allocating
Fund assets among
stocks, bonds, and
short-term instruments |
Fidelity VIP Asset
Manager Portfolio
Adviser: Fidelity Management & Research
Company LLC (FMR)
Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research Japan Limited serve as sub-advisers. |
0.51% |
14.98% |
5.67% |
7.13% |
|
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Balanced Fund
Seeks to achieve
competitive total return
through actively
managed portfolio of
stocks, bonds, and
money market
instruments which offer
income and capital
growth opportunity |
Calvert VP SRI Balanced
Portfolio
Adviser: Calvert Research and Management |
0.64% |
11.48% |
8.68% |
9.81% |
|
| Balanced Fund
Seeks current income
and, to a lesser extent,
capital appreciation |
0.50% |
11.06% |
4.74% |
5.95% |
| |
| Balanced Fund
Seeks capital
appreciation and
current income |
0.38% |
15.40% |
7.80% |
8.67% |
| |
| Balanced Fund
Seeks capital
appreciation and, to a
lesser extent, current
income |
0.39% |
16.16% |
9.14% |
10.03% |
| |
| Balanced Funds
Seeks current income
consistent with
preservation of capital
and, to a lesser extent,
capital appreciation |
0.53% |
10.53% |
4.13% |
5.18% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.49% |
11.18% |
5.11% |
6.75% |
| |
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.44% |
12.81% |
6.35% |
7.88% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.43% |
13.85% |
7.62% |
8.95% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.40% |
15.32% |
8.84% |
9.90% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.37% |
16.95% |
10.03% |
10.61% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.36% |
17.70% |
10.49% |
10.82% |
| |
| Type/Investment
Objective |
Underlying Fund and
Adviser/Subadviser |
Current
Expenses1 |
Average Annual Total Returns as of
12/31/25 | |||
| 1 year |
5 year |
10 year |
Life of
Fund | |||
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.37% |
17.82% |
10.69% |
10.95% |
| |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.38% |
18.27% |
10.86% |
|
11.13%4 | |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.40% |
18.45% |
11.05% |
|
10.72%5 | |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
0.49% |
18.17% |
11.18% |
|
13.74%6 | |
| Balanced Funds
Seeks current income
and capital
appreciation
appropriate for asset
allocation associated
with Fund’s
approximate year of
retirement which is
included in its name |
MoA Clear Passage 2070
Fund
Adviser: Mutual of America Capital Management LLC |
0.41% |
|
|
|
19.49%7 |