[This
rating is assigned to companies that have, on balance, superior balance sheet
strength, operating performance and business profile when compared to the
standards established by A.M. Best Company. These companies have a very strong
ability to meet their ongoing obligations to policyholders.]
"The rating reflects Mutual of America Life Insurance Company's prominent market
position in the small to medium-size not-for-profit annuity and pension sectors,
conservative investment management approach, strong absolute and risk-adjusted
capitalization, and strong asset/liability management."
[This
rating is assigned to life insurance companies that have very strong financial
security characteristics, differing only slightly from those rated higher.]
"... reflects the Company's well-established market position as a leading provider of pension
and retirement products and services to small and midsize nonprofit organizations. Its competitive
strengths are demonstrated by the consistently strong growth of its thrift plans (403(b), 401(k),
and 401(a)), individual retirement accounts (IRAs), and annuity products. ... The rating also reflects
the Company's extremely strong capitalization, which was 12% redundant at the 'AAA' level as of
June 30, 2011, based on our capital model."
While these ratings do not apply to the safety or investment performance of the Separate Account
investment alternatives available under Mutual of America's products, they do reflect Mutual of
America's ability to fulfill its General Account obligations, which include its obligations under
the Interest Accumulation Account, annuity purchase rate guarantees and annuity benefit payouts,
as well as life insurance and disability income payments. Third party ratings are subject to change.
