The board doesn't follow this message board.
Memo to the Board of Directors
Memo to the Board of Directors. A Board Member & a watch dog from the NYDFS needs to be on milestone calls with Accenture & firm managment constantly to oversee this transition. In case you have not see it, our first real glimpse into the major... — read more
Accenture Updates
Many at TIAA-CREF who are familiar with the deal that they inked with Accenture a couple of yrs ago, are stating things are not going One TIAA commentator says quote: ** “There was no legitimate transformative purpose, except to hire more offshore... — read more
MoA Layoffs News-Flash Forward
When TIAA-CREF joined forces with Accenture, it was supposed to be transformational. It hasn't. Read these comments from the TIAA board applicable to Mutual of America's situation: "and also 50% less of the work and knowledge. And growing as... — read more
Accenture's Worst Day in History
A•S•S•centure had it's worst day in it's history today. Declining sales. Layoffs. War distruptioms. Uncertainty in India. Stock down 18%.
200 Jobs Lost To India
Bone crushing blow. Mutual of America is laying off over 200 employees over the next 15 months and shipping the jobs to India. A fleecing of America. An American company selling out. A giant suc-king sound. Morale is rock bottom. Mental Health... — read more
If You Thought the Transition To FIS Went Bad, You Ain't Seen Nothing Yet.
Read the GAO Report on Accenture's botched takeover of the Thrift Savings Plan (TSP). GAO-24-106319. Everything in it is a page right out of the transition to FIS. Except then, we had iron clad procedures in place & they were all working before... — read more
Fitch Revises Mutual of America's Outlook to Stable; Affirms Rating at BBB+
https://www.fitchratings.com/entity/mutual-of-america-life-insurance-company-80091235 Rating Action Commentary Fitch Revises Mutual of America's Outlook to Stable; Affirms IFS Rating at 'BBB+' Fri 12 Jun, 2026 - 9:49 AM ET Fitch Ratings - New... — read more
DONT MAKE THIS TRANSITION EASY FOR THEM
Time to relax, take your PTO, call in sick, miss deadlines, train improperly, waste time, create meaningless meetings, have fun with your team while you still can. Mutual didn’t care for us, why should we care?
Truspire sale to Malibu
Did this receive regulatory approval & did MoA get paid the $45M yet ? Is this money going toward the P&L in 2026 ? How much did the firm lose in the whole Landmark debacle ? -$25M ?
320 Park Ave News
what is the latest and greatest ?
Mutual of America Funds Have Tanked
Morningstar Rankings of MoA Funds through June 7. The higher the percentile rank, the worse the performance. That redesigned Capital Managment landing page will no doubt propel these funds to new higher rankings Fund ... — read more
Underpaid & Underappreciated
CRM here. We are overwhelmed. Supporting 70 plans is way too much. My friend at Voya who is in a similar role has 36 plans. Plus, they have a CRM assistant. We have nothing like that & need it. No wonder the company can't retain clients. Many of us... — read more
Scott Pelley Out !
long time veteran journalist Scott Pelley has been fired by a set of incompetent baffoons at CBS. The ? is now: which institution will last longer: 60 Minutes, Mutual of America, or the Titanic ?
Are hirings happening in June?
There were plenty of rumors, has anything been confirmed?
Are layoffs happening in June?
There were plenty of rumors, has anything been confirmed?
Nepotism
Been here for 19 yrs & the nepo babies just keep being hired !!! W/O naming names, there is this RVP who hired his best friend who became RVP. Then, the first RVP hired his nephew who was a disaster that lasted 4 yrs then hired his next door neighbor... — read more
Capital Management is Struggling
Morningstar Percentile Rankings Through 5/23. Fund Name Percentile Rank MoA Intermediate Bond Fund 98 MoA Retirement Income Fund 94 MoA Clear Passage 2020 Fund 93 MoA Core Bond Fund ... — read more
COO News
Ever since he got a promotion to Executive Vice President, he has withdrawn. Not as prominent. He looks over the CFO's shoulder constantly. He is under qualified and out of his league. He enjoys slashing revenue on plan pricing and can't seem to make... — read more
As Clients, We HATE Mutual of America
we are a non profit and have 403b plan & we want to move it to Ascenus & we are being told we can't do it. our advisor and lawyer said your company can't hold this up and we are are exploring options. has anyone encounted this ? we are approaching... — read more
Capital Management Continued Woes & Poor Performance
Capital Management is performing poorly YTD. Lagging peers. Near bottom Percentile ranks. Awful. Plain Awful. Morningstar downgraded the People & Process pillar. Not a good look. But, did staff in Capital Managment still get big promotions &... — read more
Mutual of America (2026)
Devastating review by new young S&P analysts. Employers will now begin to review MoA as a going concern from a fiduciary standpoint. Rich has another 12 months to turn things around. **M u t u a l o f A m e r i c a L i f e ... — read more
Capital Management Performance Review--time for PIPs
Capital Management is off to a horrendous 2026. Time for several PIPs for Fund Managers and Analysts. Time to eliminate quarterly unfair bonuses and time to clean house. Morningstar Percentile Rankings 3/31/26 Name | Total Return Rank in... — read more
Performance Goals for HR This Year
Accountabilty goals for HR Leadership this year ~Spot bonus program for employees ~~<Employee Recognition Programs ~Gift Cards ~~~Birthday/Wedding/Birth/Death-Flowers and Cards. ~~Eliminate bias in the incentive comp plans. ~~Capital... — read more
Performance Appraisal Process-Here We Go Again !!
Not to be out done, but Human Resources has once again made the annual performance evaluation process harder than rocket science, and has added layer after layer of unwelcome, unwanted, unnecesary and extreme complications to an already ardous... — read more
Fitch Ratings
LONG TERM INSURER FINANCIAL STRENGTH DATE : 14-Apr-2026 Fitch Ratings: BBB (negative outlook) Fitch has issued a No Action for Mutual of America as of 4/14. Still BBB w/negative outlook. just above junk bond status. negative outflows, management... — read more
Financial Results Through 3/31
What is the whisper number for profit or loss at 3/31 ? The word on the street is that we lost $5M+ in Q1. Capital Management under performed with the bond portfolios & not enough rolled into MoA funds. flows out still pacing flows in. IT costs are... — read more
Annual Report
Remember when you could read the Company's Annual Report and know exactly how much the Company earned in the prior year?
Rough Start for Capital Management
Tough Rough Horrible start for the highly overpaid Cap Man C-Suite +Poor picks and bad positioning +Through 3/31, Morningstar percentile ranks + The higher the number, the worse the relative performance. Will anyone be held accountable... — read more
Typo
there is a typo in the new broschures/prospectus. someone spelled Yamato Road. YOMOTO road. Like YOKO ONO. Fedex wont deliver to a YOMOTO Rd. Check it out.
Data Breach
On November 29, 2025, MOA became aware of suspicious activity within its systems. MOA immediately launched an investigation with third party specialists to confirm the nature and scope of the activity The investigation determined that certain files... — read more
Board Changes
Paula Price and General Reimer are off the Board of Directors and Christopher Quick (from Capital Management Board) is now on the Board. Not sure of the significance. I have not seen a press release to explain. I never met Ms, Price, but the... — read more
Retiring
Over the past year, I have made dozens of posts on The Layoff with ways our company needs to improve. Even though there has been some progress, it is not enough. Disastrous decisions have caused me my retiree health care and froze my pension. I’ve... — read more
fearless leader
hows the ex vp in boca treating all ya'll since moving over to Tamato-Yamato Rd ? I'm hearing there is some booze in the office this week
Board Pay
i asked a question about board pay and influence the other day & all questions are dodged by executive management. Why is it such a secret to no to disclose board pay. The CEO came in wanting to be transparent but he dodged my question. That is not... — read more
Promotions
lots of eye rolling w/the promotions. Some real weak people getting the nod. Real headscratchers. Many who most definitely deserved a bump did not get one. Time to focus on lower level staff. Many in call center, wpc, ops derserve nods but were... — read more
this board has gone d.e.a.d.
this board has gone quiet.have u given up ? get w/da program.come on people.time to change mutualof america for the better.where is the Spirit of America.markets are tanking.revenue hit has been $4,000,000 less since 2/27.perfect storm set up for... — read more