retirement-plan-transfers

RETIREMENT PLAN TRANSFERS

Discover how our streamlined four-step process seamlessly optimizes your retirement benefits. More and more plan sponsors are turning to Mutual of America to deliver reliable retirement plan services to their employees. Our dedicated platform provides direct recordkeeping and administration, eliminating the need for costly third-party providers. What’s more, we use a seamless, efficient transition process that makes it easy to move your plan.

For more information on Mutual of America’s retirement plan transition services:

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At Mutual of America, we know what it takes to provide robust, appropriate, cost-effective retirement benefits, year after year. We also understand what these assets mean to your plan participants—a comfortable retirement and the ability to live on their terms. So, our services, expertise and assistance are developed and delivered with great care. You’ll find we put in the time and effort needed because we know how important these assets are—and how much more important they will be in the years to come.

Your plan transition is supported by an uncompromising commitment to service.

866.954.4321

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Mutual of America Life Insurance Company 320 Park Avenue, New York, NY 10022-6839 mutualofamerica.com • 800.468.3785 •

Insurance products are issued by Mutual of America Life Insurance Company. Mutual of America Securities LLC, Member FINRA/SIPC distributes securities products. Mutual of America Financial Group is the trade name for the companies of Mutual of America Life Insurance Company.

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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 options 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. Results of MoneyGuidePro® Financial Planning Software may vary with each use and over time. IMPORTANT: The projections or other information generated by MoneyGuidePro® Financial Planning Software regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

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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 Life Insurance Company 320 Park Avenue, New York, NY 10022-6839 mutualofamerica.com • 800.468.3785

See how easy it is to move your retirement plan in four simple steps.

More and more plan sponsors are turning to Mutual of America to deliver reliable retirement plan services to their employees. Our dedicated platform provides direct recordkeeping and administration, eliminating the need for costly third-party providers. What’s more, we use a seamless, efficient transition process that makes it easy to move your plan.

7 days

30-45 days

Implementation

Process initial participant contribution

Receive plan assets from prior service provider

Enrollment

Participants must enroll online at mutualofamerica.com

Welcome letter sent to employees

Establish plan on SponsorConnect

Documentation

Notify employees of transfer and distribute QDIA notices

Participant data sent to Mutual of America

Complete all plan documents

Hold educational sessions with employees

Train plan administrators

Review plan documents and amendments

7 days

30-45 days

Process initial participant contribution

Receive plan assets from prior service provider

Enrollment

Participants must enroll online at mutualofamerica.com

Welcome letter sent to employees

Establish plan on SponsorConnect

Documentation

Notify employees of transfer and distribute QDIA notices

Participant data sent to Mutual of America

Complete all plan documents

Hold educational sessions with employees

Train plan administrators

Review plan documents and amendments

Discover how our streamlined four-step process seamlessly optimizes your retirement benefits.

Analysis and planning

Our implementation team will work to gain a deep understanding of your current retirement plan, its history and operations to determine: • What’s working—Conversations about what you and your participants like and what features and functions offer clear value. • What’s not—Identifying and uncovering obstacles, bottlenecks, processes that may be out of date or unneeded, and reviewing compliance or regulatory issues. • What it will be—Outlining the plan, including its provisions, contribution processing, participant services, oversight and governance.

We’re where you need us. Our nationwide network of Regional Offices ensures consistent support for your plan and participants, wherever they may be.

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Mutual of America’s investment lineup gives your participants a range of investment options so they can build retirement portfolios tailored to their investment objectives, time horizon and tolerance for risk. To familiarize you with your plan’s new investment options, our team will educate you about how our diverse array of investment options is appropriate for your participants’ retirement savings needs.

Reviewing the new investment menu

Efficient reporting. Once your plan is in place, you’ll be able to track investment performance, participation, contributions, distributions and more.

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Our asset transition team will work to ensure a smooth transfer of funds from your previous provider. We’ll also work with your staff to schedule: • Implementation testing—We’ll work to ensure seamless receipt of employee data, salary deferral instructions and contribution remittances. • Comprehensive training—Your benefits team will learn how to save time and effort by using our retirement plan administration system, Mutual of America SponsorConnect®, which automates many common administrative functions. • Asset migration—Plan assets will be invested according to your participants’ allocation instructions.

Transferring assets

Payroll integration. A service we make available to make retirement plan administration easier. Our processes eliminate the need for repetitive, manual data entry and provide a secure method for transferring employee information from your payroll file.

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Employee communication and education

Customized participant communications will explain the plan transition and any necessary actions in clear, easy-to-understand language, including: • Onsite enrollment meetings facilitated by our Participant Account Representatives. • Custom communications that highlight your retirement plan provisions and participant benefits. • Retirement plan manuals that explain the benefits of the plan.

Call us when you need us. For more information on Mutual of America’s retirement plan transition services, call us at 866.954.4321 or visit us online at mutualofamerica.com.

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Implementation

Mutual of America

Plan Sponsor

Time frames are approximate and may vary depending on circumstances.

Plan Sponsor

Mutual of America

Sample Implementation Timeline

Time frames are approximate and may vary depending on circumstances.