For 75 years, Mutual of America has remained true to its mission to help Americans prepare for a financially secure future. This commitment began in New York City in 1945 with a handful of employees serving the retirement needs of some 5,000 health and welfare workers who were not covered by the Social Security Act. Today, the Company is a leading provider of retirement plan services and investments for approximately 4,200 401(k) and 403(b) plans and more than 405,000 employees and individuals across all 50 states.

Plans: Participants:
1945 - -
2020 - -

National Expansion

The Company plans to open 17 offices across the U.S. during 2019 and 2020 as part of our ongoing national expansion.

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“Our continued expansion throughout the U.S. serves as an excellent opportunity for us to become even better at meeting our clients’ retirement savings and investment needs and helps us make an even more meaningful impact in the communities where we live and work.”

John R. Greed CHAIRMAN, PRESIDENT AND
CHIEF EXECUTIVE OFFICER

Mutual of America:
75 Years Strong (1945–2020)

1945

Company is formed

The National Health & Welfare Retirement Association (NHWRA) is chartered, licensed and incorporated as a not-for-profit corporation offering defined contribution retirement plans and insurance. Shown: The Company’s first Home Office location at 441 Lexington Avenue, NYC.

Milton H. Glover

First President named

President 1945–51, and Chairman 1955–62.

1957

Addressing workplace needs

Company adds defined benefit plans to product lineup.

1971

William J. Flynn

New Leadership Begins

President 1971–1992, CEO 1972–1994, Chairman of the Board 1982–2005, and Chairman Emeritus 2005–2018. An innovative leader with boundless energy, Mr. Flynn transformed Mutual of America from a small retirement association to become one of the most highly rated and respected financial services companies in the nation.

1973

Reaching more Americans

First Regional Office is opened in Philadelphia.

1977

Company introduces innovative tax-deferred annuity product

1978

New investment

Company hires its Chief Investment Officer, Joan Casson.

1981

Leader to leader

Frances R. Hesselbein, National CEO of Girl Scouts of the USA, becomes a member of the Board of Directors.

1984

Meeting growing needs

Company renamed Mutual of America Life Insurance Company; registers as a Broker-Dealer and investment adviser.

1985

40th anniversary

Mary D. Stander, Company’s first staff employee, at our 40th anniversary celebration.

1986

Going national

Company licensed in 50 states and Washington, D.C., as an insurance company.

1987

Mutual of America Foundation created

1988

Expanding footprint

National Telecommunications and Training Center opens in Boca Raton, FL.

1990

Commitment to service

Deployment of Service staff to 36 Regional Offices completed.

1992

Thomas J. Moran

Takes on leadership role

President 1992–2015, CEO 1995–2016, Chairman of the Board 2005–2018, and Chairman Emeritus 2018.

1993

1993

Mutual of America Capital Management LLC corporation established

Shown: Mutual of America Capital Management LLC employees Andrew Heiskell (l) and Amir Lear (r).

1995

Golden Anniversary

Company turns 50; ribbon-cutting ceremony at new building located at 320 Park Avenue, NYC.

1996

1996

Honoring America's Best

Mutual of America Community Partnership Award established to recognize innovative work of nonprofits. Shown: Thomas Gilliam, Chairman and CEO, Mutual of America Foundation.

2005

Change is good

Capital Management LLC adds portfolio managers and emphasizes a focus on research.

2007

Targeting retirement

Company introduces series of Target-Date Retirement Funds.

2008

Steady hand

Mutual of America maintains financial strength ratings during global financial crisis, as one of the few companies that did not invest in subprime mortgages.

2008

A regional approach

Company transforms U.S. sales team structure into four regions—Eastern, Southern, Midwest and Western—with each overseen by an Executive Field Vice President.

2011

Standing together

Mutual of America honors those affected by the tragedy of 9/11. Shown: Mutual of America employees hold the National 9/11 Flag.

2015–PRESENT

2015–PRESENT

John R. Greed

Company leadership continues

John R. Greed named President of Mutual of America in 2015, CEO in 2016 and Chairman of the Board in 2018.

2019

Company adds new trade name and logo

Mutual of America Financial Group.

2019

Relationship matters

Mutual of America establishes National Group Sales Vice President roles, shown here speaking at Company’s 2019 National Sales Conference.

2020

CPA turns 25

Community Partnership Award celebrates 25th year of recognizing work of nonprofits.

2020

Company celebrates 75th anniversary Company reaches a meaningful milestone and embarks on significant innovative technology initiatives and major product enhancements.