Mutual of America 2019 Annual Report

HIGH-TECH AND HIGH-TOUCH

Camerun Washington, MS, CGC, Clinical Genetic Counselor; Steve Skinner, MD, Director; Dawn Puderbaugh Hodges, JD, Administrator; Rini Pauly, MS, Bioinformatics Specialist; Lori Bassett, MS, CGC, Head of Office of Communications

Who's pictured (left to right):Camerun Washington, MS, CGC, Clinical Genetic Counselor; Steve Skinner, MD, Director; Dawn Puderbaugh Hodges, JD, Administrator; Rini Pauly, MS, Bioinformatics Specialist; Lori Bassett, MS, CGC, Head of Office of Communications

South Carolina-based Greenwood Genetic Center is one of the world’s leading nonprofit genetic research institutes, helping to advance the identification, understanding and treatment of a wide range of complex and often devastating genetic disorders, particularly those impacting children. At the same time, it counsels families across the country, providing up-to-date information and the latest in diagnostic testing to help them move forward with hope. In 2003, when Greenwood Genetic Center was looking for a new retirement plan provider, it wanted a partner that shared its client-first approach to service and support. It chose Mutual of America.

As head of Greenwood Genetic Center’s Office of Communications, Lori Bassett understands the challenge of presenting complex information about genetic risks to patients, families and physicians.

“Our job is to translate complicated science and combine it with compassionate support so that patients and families can take whatever next steps are right for their circumstances,” she said.

Caring for its patients is Greenwood Genetic Center’s most important priority, but helping its employees to confidently navigate the challenges of saving for retirement is also critical.

“Even though retirement is 40 years away, I think it’s really important to start saving now.”
CAMERUN WASHINGTON, MS, CGC 24-year-old Clinical Genetic Counselor, Greenwood Genetic Center

“Most people today face everyday expenses and other financial concerns that can cause them to delay saving for retirement,” said Bassett. “Mutual of America does an incredible job of communicating the value of our plan and the important role it can play in helping our employees create the kind of retirement they envision.”

She also credits Mutual of America’s consistent presence at the Center with keeping employees engaged in the plan.

“Our Mutual of America representative Greg Hibbert provides exceptional plan administration support, especially when I have questions about complex tasks like non-discrimination testing.”
DAWN PUDERBAUGH HODGES, JD Administrator, Greenwood Genetic Center

“David Arnold, our Mutual of America representative, makes frequent visits to meet one on one with our staff. Those meetings are appreciated by everyone because they know they’ll get the help and education needed to make the most of their retirement savings,” said Bassett. “Employees who want to track their progress or learn more about saving for retirement can also access calculators and other resources through Mutual of America’s participant website. The way Mutual of America provides both personalized attention and helpful online tools resonates well with our plan participants.”

85%

of Greenwood Genetic Center employees participate in its retirement plan.

45%

of nonunion workers participate in an employer-sponsored defined contribution retirement plan.

Source: U.S. Bureau of Labor Statistics.

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 1-800-468-3785 or visiting mutualofamerica.com. Read them carefully before investing.

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 consider a variable annuity contract’s other features before making a decision.

Statements made in this publication 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.

Past performance is no guarantee of future results.

The target date set forth in each Retirement Fund’s name is the approximate date that the fund expects investors to retire and begin withdrawing their account balance. The value of a Retirement Fund is not guaranteed at any time, including at and after the target date. There is no guarantee that a Retirement Fund will correctly predict market or economic conditions, and as with other mutual fund investments, you could lose money. In addition to a retirement date, individuals should consider their risk tolerance, time horizon, personal circumstances and complete financial situation before investing.

Before making a transfer, you should review the accounts you have with other providers to determine the fees and expenses you currently pay and whether there are any surrender charges that may result and to ensure that it is in your best interest to transfer your other accounts to your current plan.

The Statue of Liberty-Ellis Island Foundation

Greenwood Genetic Center

Wisconsin Community Services

John's Incredible Pizza Company

HIGH-TECH AND HIGH-TOUCH