#progress

After months of applications going nowhere, I'm excited to finally have a chance with an interview. It's not much, but in today's job market, I'll take it.

This is reality regardless of what the disenchanted and haters stay.These are just the facts.

Bottom line: Under the leadership team in place since mid-2024, Mutual of America has made measurable progress—dramatically smaller losses, meaningful cost cuts, stable capital, and constructive rating-agency outlooks. It is on a recovery path and management is targeting sustained profitability in 2026. Success is not yet locked in, but the trajectory is positive and the worst of the capital erosion and large losses appears to be behind it.

SEE BELOW FOR DETAILS:

Mutual of America is showing clear signs of recovery, though it is not yet fully restored to consistent profitability.Key evidence of progress (through 2025 / early 2026)Sharply reduced operating losses: Operating losses fell from roughly $223 million in 2023 → ~$150 million in 2024 → $27.6 million in 2025. This is a major improvement driven by aggressive cost actions.

spglobal.com

Cost reductions: In 2025 the company cut operating expenses by about $90 million (roughly 25%) through a smaller real-estate footprint, workforce optimization, and lower third-party spending.

spglobal.com

Positive (though thin) net income: Statutory net income was positive at ~$2.4 million in 2025 (vs. large losses in prior years). Much of the positivity still came from one-time investment/real-estate gains, similar to the 2024 building-sale boost.

streetinsider.com

Balance-sheet and operating metrics: Total assets under administration rose to $27.9 billion. Client retention remained solid (assets ~91%). Management reports “significant progress,” “positive momentum,” and a clear path toward profitability, with a stated goal of reaching it in 2026.

mutualofamerica.com

Rating agency outlooks stabilized: Fitch affirmed BBB+ and revised the outlook to Stable (from Negative) in June 2026.

fitchratings.com

S&P lowered the rating to A- in April 2026 but assigned a Stable outlook, citing the turnaround plan focused on revenue growth and expense reduction.

spglobal.com

AM Best rates it A- (as of April 2026).

mutualofamerica.com

Remaining challenges Core operations are still loss-making (though the losses are now much smaller).
Statutory surplus edged down slightly in 2025 (to ~$549 million from ~$577 million at year-end 2024). The broader “Total Surplus” figure highlighted by the company was $651 million (vs. $715 million the prior year).

mutualofamerica.com

Business remains concentrated in nonprofit/group retirement products, with ongoing execution risk on the turnaround and potential for further regulatory reserve pressure.
Ratings are lower than historical peaks (they were higher a few years ago).

Do you think I gave a hoot about some damn ethics or security risk training due? Lol let alone a progress checkpoint? Kick rocks!

Friday my PL requested that we "acknowledge" their comments about our progress checkpoint. She only had 4 out of the 11 people in my team do it which makes me think we are the ones who applied to the VSP. She said we need to acknowledge ASAP in order to be "processed by the next department" like girl just tell us what the fu-k that means lol

What’s the progress? Anybody been there recently? Is T sleeping on it or being fast tracked?

How realistic is the target? Is there a portal that actively shows progress on this?

the fact of the matter is these leaders are not serious people. they allow pockets of legacy people to continue to obstruct progress and not streamline the organization. as long as offices like polaris exist, this stock is heading to $30

Progressive recently released its Dec 2025 earnings and they continue to put the smackdown on SF!

Progressive gained est. 352,000 autos in December, SF lost 15,000 vehicles in December

Progressive grew by an estimated 5,447,000 vehicles in 2025, SF grew only an estimated 536k last year

So according to an email sent last month the company and union are talking again this month. Will there be a complete blackout form both sides as usual? Would be nice to know if any progress is made, or if not, what are sticking points.

Or it is still a piece of garbage?

Ladies and gentlemen, Ford has just rolled out their latest Homer 2.0 moment and no, I’m not talking about Homer Simpson designing a car with a bubble dome and a La-Z-Boy recliner. I’m talking about Ford exec Homer, the man who has turned EV dreams into billion-dollar dumpster fires.

Now, Homer’s telling us this is the Model T moment. Really? The Model T brought the world the car. Homer’s Model T moment is like if Henry Ford said, ‘What if… we make it slower, uglier, and on fire half the time but call it progress!’

Every EV project? Dead. Every startup partnership? Gone faster than free pizza in the break room. Billions of dollars down the drain that’s not a business plan, that’s a reality TV show called Corporate Survivor: Detroit Edition.

And the excuses? Oh, they’re endless. The market! The supply chain! The moon’s in retrograde! Mercury’s in Gatorade! Everyone and everything else is to blame… except the Ford executives themselves. They’re walking around in Teflon suits and matching Teflon underpants nothing sticks, baby! They could drive the company straight into the side of a barn and somehow blame the barn.

The Model T put the world on wheels. Homer’s version? It’s putting shareholders on Xanax. It’s like watching a guy lose every hand at poker and still shout, ‘One more round, I’m feeling lucky!’ No, Homer. Step away from the wheel. Put down the keys. This isn’t a Model T moment it’s a clown car parade, and you’re leading it.