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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000891092-02-000775.txt : 20020618
<SEC-HEADER>0000891092-02-000775.hdr.sgml : 20020618
<ACCEPTANCE-DATETIME>20020618101417
ACCESSION NUMBER:		0000891092-02-000775
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020618

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUTUAL OF AMERICA INVESTMENT CORP
		CENTRAL INDEX KEY:			0000795259
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-06486
		FILM NUMBER:		02681120

	BUSINESS ADDRESS:	
		STREET 1:		320 PARK AVENUE
		STREET 2:		320 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(212)224-1600

	MAIL ADDRESS:	
		STREET 1:		320 PARK AVENUE
		STREET 2:		320 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>e13550_497.txt
<DESCRIPTION>SUPPLEMENT
<TEXT>
                 MUTUAL OF AMERICA INVESTMENT CORPORATION

                   Supplement, dated June 18, 2002, to
          Statement of Additional Information, dated May 1, 2002

Mutual of America Investment Corporation (the "Investment Company") modifies its
Statement of Additional Information,  dated May 1, 2002, by adding the following
as the second paragraph under "Independent Auditors" on page 28.

      KPMG LLP has been selected as the Investment  Company's  independent
      public  accountant for the year ending  December 31, 2002. KPMG also
      will serve as the independent  public accountant for the Adviser and
      Mutual of America.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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