Mutual of America annual Report 2021 — Message from Brian Severin


A big-picture vision for the future

For more than 76 years, Mutual of America has embraced its mission to help individuals achieve a more financially secure and dignified retirement. Today, that commitment is more relevant than ever.

More than half of Americans say that they’re behind on their retirement savings, according to a 2021 report from the U.S. Federal Reserve Board.* These low savings rates, coupled with changing workplace demographics and evolving participant needs and preferences, are challenging plan sponsors to make their retirement plans work harder—and smarter.

One of the lessons of COVID-19 and the shift to a hybrid work environment has been the vital importance of human connection and the importance of technology to support those relationships.”

Brian Severin Senior Executive Vice President and Chief Marketing Officer

In 2021, Mutual of America took a giant leap ahead in our commitment to helping plan sponsors and participants break through the barriers that stand between where they are and where they want to be.

“We made significant strides in setting a new standard for delivering innovative, market-leading solutions that will help us to meet our customers’ needs for years to come,” said Brian Severin, Senior Executive Vice President and Chief Marketing Officer.

Our new, leading-edge, digital-first technology platform fundamentally reshapes the retirement plan experience by simplifying retirement plan administration and recordkeeping for plan sponsors, providing them with a broad and flexible choice of retail mutual funds to meet their employee demographics and needs.

Our new platform also helps plan sponsors to actively empower their employees by providing customized communications and tools that are designed to help them take the next steps in their retirement savings journey.

Mutual of America has always been driven by our core values of integrity, prudence, reliability, excellence and social responsibility. Our investment in the new administration and recordkeeping technology platform supports and enhances our capabilities by building on the high-touch, high-tech, high-value service that has always set us apart.

* Report on the Economic Well-Being of U.S. Households in 2020—May 2021. Board of Governors of the Federal Reserve System.