Our extensive learning and development resources, mentorship programs and ongoing career development support allows you to grow and build capabilities for today, while preparing for the future. We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. International use permitted. As a retired employee, you can catch up on the latest news about Bank of Americaby reading our quarterly newsletter. Adoption, fertility & surrogacy reimbursement, Get information about Retiree Resources at Home, For employees on leave, family members and former employees, Hawaiian Medical Service Association (HMSA), Global recognition and service milestones. 2.6K views, 382 likes, 124 loves, 77 comments, 48 shares, Facebook Watch Videos from NET25: Mata ng Agila International | April 20, 2023 Company goals are aspirational and not guarantees or promises that all goals will be met. In connection with providing these products and services, and at the request of the employer, Merrill makes available websites on the internet, mobile device applications, and written materials, including brochures, in order to provide you with information regarding your plan. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason. Employee Retirement Benefits Service Center (pension and TSA plans) 800.457.5700. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. . Institutional and corporate retirement plan clients can now offer this Merrill program designed to help plan participants establish and pursue their retirement income goals. The recommendations provided by Personal Retirement Strategy may include a higher level of investment risk than a participant may be personally comfortable with. Use these resources to help you prepare. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. Examples of benefits and programs available to our U.S. employees are below. > Contacts, Environmental Sustainability and Climate Protection, Usage of this website is subject to our Usage Terms. We tend to see whats right in front of us. Your Global Talent Acquisition specialist can share more information about the specific benefits available in your area. Bank of America, N.A. Bank of America Online Privacy Notice Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. Financial wellness. Participants should carefully review the explanation of the methodology used, including key assumptions and limitations, as well as a description of services and related fees which is provided in the Personal Retirement Strategy Brochure (ADV Part 2A).It can be obtained through Benefits Online or through the Retirement Benefits Contact Center. When it comes to financial wellness, we believe that the more informed people are about their money, the clearer their financial outlook can be. All rights reserved. Certain links may direct you away from Bank of America to an unaffiliated site. Between current U.S.based teammates and their families and retirees, we are responsible for providing comprehensive health, insurance and wellness benefits to nearly 400,000 people. . Our Life Event Services teamprovides personalized connections to resources and benefits by tapping internal and external experts in the moments that matter most, including retirement; grieving the death of a loved one; impacted by domestic violence; undergoing a gender transition; or being impacted by natural/manmade disasters. Choose the program that best fits your needs. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Their two teams (the Active Traders and Experience the Edge) that participated in our annual Get Active! This applies not just to our clients, but to our employees, as well. Reach out to learn more about how we can help deliver financial wellness solutions. U.S. employees have access to industry-leading leave for new parents and back-up child and adult careisavailable when regular arrangements arent available. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. There are professionals, students and graduates, as well as school pupils at . Retirement and Personal Wealth Solutions is the institutional retirement business of Bank of America Corporation (BofA Corp.) operating under the name Bank of America. Investment advisory and brokerage services are provided by wholly owned non-bank affiliates of BofA Corp., including Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill"), a dually registered broker-dealer and investment adviser and Member SIPC. One of the most important aspects of your job is offering benefits that reflect the needs of your employees and organization. If you're outside the United States, Puerto Rico, or Canada: 646-254-3270 1 Investment products are available from Merrill Lynch, Pierce, Fenner & Smith Incorporated. Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., Member FDIC. To view the "EEO is the Law" poster, CLICK HERE. Through a range of innovative, industry-leading and flexible programs and benefits, we support our teammates through everyday challenges, special moments and critical life events, including: We are an industry leader in establishing an internal minimum rate of pay above all mandated minimums for our U.S. hourly teammates, and have made regular increases over the past several years. Clients should consult their legal and/or tax advisors before making any financial decisions. Member FDIC. These ads are based on your specific account relationships with us. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Phone: 1.646.855.3267 Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Equal Housing Lender. You can click the Return to Bank of America button now to return to the previous page or you can use the Back button on your browser after you leave. By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. challengeto provide employees access to resources for a healthy lifestyle and help managehealth care costs. To view the "EEO is the Law" Supplement, CLICK HERE. [a woman looks through binoculars, not noticing the beautiful scene behind her]. Standard Rewards Card. . Aug 22, 2019. Participants can elect to invest their 401(k) assets themselves, or have a portfolio created and managed on their behalf in Merrill Managed. don.vecchiarello@bofa.com. Benefits Education & Planning Center. With insights that give your employees the power to see further. 2020 Bank of America Corporation. The business case for financial wellness is clear: if teammates are not financially well, there is a greater chance that they may not be physically or emotionally well either. With this new solution, retirement and health care savings can be addressed alongside short-term financial needs, guided by financial education and professional guidance.. Company goals are aspirational and not guarantees or promises that all goals will be met. The power and breadth of our resources allow us to provide a benefits program that meets the near-term and long-term needs of your employees. Private retirement savings; Financial security across generations; Risk coverage just in case: safeguard what is important to you; Go to Retirement planning and insurance in German . Plan sponsors will need to sign participation agreements and other documents with the stable value products sponsor; will also be required to meet certain eligibility criteria; and such investments are typically subject to plan-level withdrawal restrictions that may limit plan liquidity. With Personal Retirement Strategy, we are connecting employees to the personalized retirement income planning resources they need to take charge of their financial future, said Tom Matarazzo, Institutional Retirement Advisory Programs executive at Bank of America. To view the "EEO is the Law" poster, CLICK HERE. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. Interested in returning to Bank of America? Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Additional information is available in our Client Relationship Summary. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Todays workforce is especially concerned about retirement, but employees often lack the guidance and tools that are essential to develop a plan. Of course, were human. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. [two workers stand on top of a wind turbine], Someone to help you understand where your people are today, [a tourist walks with a suitcase behind her], [a lab technician in a wheelchair conducts a test]. [a couple reviews documents about their personal finances], [a group of friends takes a selfie using one of their phones]. This is why we offer robust financial offerings to our employees that focus on driving better behaviors across life priorities and the financial spectrum budgeting, planning, saving, investing and more. Bank of Americas Retirement & Personal Wealth Solutions organization serves more than 26,000 companies of all sizes and more than 5.7 million employees as of December 31, 20201. Access to online tools, resources, and independent financial planners who can help you get the most from your employee benefits and achieve your personal financial goals. Investment products, insurance and annuity products: Financial Life Benefits is a registered trademark of Bank of America Corporation. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. Because they all have different wants and needs. The Merrill Edge Client Experienceteam enjoyed getting active by participating in a team photo scavenger hunt. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Allrightsreserved. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.
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