Total Return Performance Data

Group Products (Except Defined Benefit and Pension Investment Contract), SEP and SIMPLE Contracts Separate Account No. 2 - Standard Pricing
Equity Funds
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
MoA Equity Index Fund 02/05/1993 N/A -8.62% 8.48% 8.69% 9.34% 9.55%  
MoA All America Fund 01/01/1985 N/A -10.60% 2.06% 7.25% 7.15% 7.48%  
MoA Small Cap Value Fund 07/01/2005 N/A -12.98% -11.06% 10.94% 2.02% 2.96%  
MoA Small Cap Growth Fund 07/01/2005 N/A -16.10% -7.32% -2.38% 3.49% 4.64%  
MoA Small Cap Equity Index Fund 07/02/2018 N/A -15.36% -9.04% 7.25% 2.56% 1.02%  
MoA Mid Cap Value Fund 07/01/2005 N/A -11.22% -6.19% 8.94% 4.76% 5.42%  
MoA Mid Cap Equity Index Fund 01/01/1985 N/A -13.28% -2.59% 7.56% 5.40% 6.36%  
MoA International Fund 11/05/2007 N/A -7.88% 16.77% 6.04% 3.90% 2.24%  
American Century Investments® VP Capital Appreciation Fund2 01/03/1989 N/A -14.75% -0.90% -1.81% 6.33% 6.62%  
American Funds Insurance Series® New World Fund® 08/05/2013 N/A -11.28% 9.49% -0.94% 4.50% 2.63%  
Delaware VIP® Small Cap Value Series 07/01/2019 N/A -13.94% -9.41% 10.26% N/A 2.43%  
DWS Capital Growth VIP 01/03/1989 N/A -8.30% 16.11% 3.62% 10.61% 11.14%  
Fidelity® VIP Mid Cap Portfolio2 07/01/2005 N/A -12.42% -1.40% 7.40% 5.21% 5.82%  
Fidelity® VIP Equity-Income Portfolio2 05/01/1995 N/A -7.75% -0.29% 10.29% 6.97% 6.56%  
Fidelity® VIP Contrafund® Portfolio2 05/01/1995 N/A -6.05% 15.79% 6.07% 10.76% 9.55%  
Goldman Sachs VIT Small Cap Equity Insights Fund 07/01/2019 N/A -15.70% -6.08% 5.69% N/A 1.85%  
Goldman Sachs VIT US Equity Insights Fund 07/01/2019 N/A -7.94% 5.24% 7.27% N/A 7.42%  
Invesco V.I. Main Street Fund® 07/01/2005 N/A -10.06% 7.52% 6.11% 7.37% 7.86%  
MFS® VIT III Mid Cap Value Portfolio 07/02/2018 N/A -11.23% -1.92% 9.89% 6.80% 5.29%  
Neuberger Berman AMT Sustainable Equity Portfolio 07/01/2019 N/A -5.97% 10.18% 8.01% N/A 8.01%  
T. Rowe Price Blue Chip Growth Portfolio2 08/05/2013 N/A -6.79% 23.49% 0.28% 7.98% 10.25%  
Vanguard VIF Diversified Value Portfolio 07/01/2005 N/A -8.62% 4.60% 11.71% 7.93% 6.92%  
Vanguard VIF International Portfolio 07/01/2005 N/A -17.77% 6.59% -7.38% 4.44% 4.18%  
Victory RS Small Cap Growth Equity VIP Series2 07/01/2019 N/A -15.07% -9.03% -12.82% N/A -5.62%  
Real Estate Fund
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
Vanguard VIF Real Estate Index Portfolio 08/05/2013 N/A -13.97% -9.37% 0.63% 0.76% 2.94%  
Fixed Income Funds
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
MoA Money Market Fund
Fund Disclosure
Important Information
7-day current yield as of 11/21/23 was 3.75% **
01/01/1985 N/A 0.95% 3.22% 0.33% 0.18% -0.35%  
MoA Intermediate Bond Fund 02/05/1993 N/A -1.65% 0.32% -4.47% -0.92% -0.27%  
MoA Core Bond Fund 01/01/1985 N/A -4.86% -1.54% -7.28% -2.01% -0.46%  
PIMCO VIT Real Return Portfolio2 08/05/2013 N/A -3.58% -1.70% -3.11% 1.02% 0.16%  
Vanguard VIF Total Bond Market Index Portfolio 07/02/2018 N/A -4.91% -0.93% -6.90% -1.48% -1.60%  
Balanced Funds
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
MoA Balanced Fund 01/01/1985 N/A -7.12% 4.03% 3.85% 4.95% 5.25%  
Fidelity® VIP Asset Manager Portfolio2 05/01/1995 N/A -7.47% 3.24% 0.36% 3.25% 3.33%  
Calvert VP SRI Balanced Portfolio 05/13/1991 N/A -6.29% 4.58% 2.28% 5.52% 5.12%  
Asset Allocation Funds
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
MoA Conservative Allocation Fund 05/20/2003 N/A -5.51% 2.50% -0.66% 2.04% 2.65%  
MoA Moderate Allocation Fund 05/20/2003 N/A -7.54% 3.83% 2.54% 4.02% 4.51%  
MoA Aggressive Allocation Fund 05/20/2003 N/A -9.38% 3.52% 4.62% 5.01% 5.43%  
Retirement Funds (Learn More)
Investment Fund  Date of Inception1 Year to Date
as of
12/01/2023
Prior 3 Months as of 10/31/2023 Average Annual Returns for Years
Ended 10/31/2023
1 Year 3 Years 5 Years 10 Years*  
MoA Retirement Income Fund 11/05/2007 N/A -4.70% 1.90% -1.47% 1.25% 2.08%  
MoA Clear Passage 2015 Fund 11/05/2007 N/A -5.09% 2.44% -0.51% 1.81% 2.95%  
MoA Clear Passage 2020 Fund 11/05/2007 N/A -5.62% 2.84% 0.51% 2.54% 3.61%  
MoA Clear Passage 2025 Fund 11/05/2007 N/A -6.40% 3.57% 1.79% 3.37% 4.39%  
MoA Clear Passage 2030 Fund 11/05/2007 N/A -7.13% 4.16% 3.51% 4.38% 5.16%  
MoA Clear Passage 2035 Fund 11/05/2007 N/A -7.89% 5.02% 4.72% 5.02% 5.64%  
MoA Clear Passage 2040 Fund 11/05/2007 N/A -8.42% 5.77% 5.93% 5.68% 5.91%  
MoA Clear Passage 2045 Fund 11/05/2007 N/A -8.73% 6.05% 6.26% 5.78% 5.94%  
MoA Clear Passage 2050 Fund 10/01/2012 N/A -8.93% 5.92% 6.52% 5.81% 5.93%  
MoA Clear Passage 2055 Fund 10/01/2016 N/A -9.05% 5.78% 6.66% 5.87% 6.36%  
MoA Clear Passage 2060 Fund 07/02/2018 N/A -9.29% 5.86% 7.02% 6.00% 4.67%  
MoA Clear Passage 2065 Fund 08/03/2020 N/A -9.37% 6.03% 7.30% N/A 6.45%  

Current Total Separate Account Annual Expenses are 1.35%. Performance between August 1, 2010 and June 30, 2017 reflects Total Separate Account Annual Expenses of 1.20%. Performance prior to August 1, 2010 reflects Total Separate Account Annual Expenses of 0.90%.

*Or since inception if the Fund has been in existence for less than 10 years.
**Please note that the current yield quotation more closely reflects the current earnings of the Money Market Fund than the total return performance data.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and unit values will fluctuate so that units, when redeemed, may be worth more or less than their original cost. Investment Fund total return performance currently may be lower or higher than the figures stated above.

The total return performance data are based on a hypothetical investment of $1,000, which is redeemed at the end of the periods shown. The total return figures reflect the reinvestment of investment income and capital gains and losses, and are net of expenses which include a contract fee, an expense risk fee, administrative charges, a distribution expense charge and Underlying Funds fees and expenses.

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 800.468.3785 or visiting mutualofamerica.com. Read them carefully before investing.

Money Market Fund Investors: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

The total return figures for periods extending beyond a year are average rates of return and do not reflect the Funds' actual year-to-year results, which varied over the periods shown. Contributions or withdrawals made within a period would experience different rates of return based on the unit values on the dates of such transactions.

1Date of Inception shown for an Investment Fund is the date the Underlying Fund became available to the Separate Account. An Underlying Fund may have begun operations at an earlier date.

2The transfer agent and distributor for the Fidelity VIP Portfolios and the investment advisers for the PIMCO Variable Insurance Trust Real Return Portfolio, the T. Rowe Price Blue Chip Growth Portfolio, MFS® VIT Mid Cap Value Portfolio, and the Victory RS Small Cap Grown Equity VIP Series reimburse Mutual of America Life Insurance Company for certain administrative expenses or services Mutual of America provides. We pass these reimbursements on to our contract holders, and as such, the Separate Account expenses for the corresponding Separate Account Funds are reduced to the extent Mutual of America receives such reimbursements. Without such reimbursements, the performance returns of the corresponding Separate Account Funds would have been lower. Please refer to the prospectuses of these Underlying Funds for more information on such expense reimbursements.