If you have employees in their 20s, they might want to know about our new target-date Retirement Fund, the Mutual of America 2065 Retirement Fund. The 2065 Retirement Fund, along with the rest of our lineup of Separate Account investment options, can help them meet their long-term financial needs.
Like all of our target-date Retirement Funds, the 2065 Retirement Fund takes its name from the approximate year an individual expects to retire and begin withdrawing their account balance. 2065 is a long way off, but starting to save early and contributing regularly to a retirement plan increases the likelihood that your employees will be able to build a more financially secure retirement.
Individuals can learn more about the 2065 Retirement Fund, including its mix of equity and fixed income funds, plus its investment objective, strategies and risks, at mutualofamerica.com. They may also contact their local Mutual of America representative for more information. ■
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.