Employee Benefits | Comerica In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). . English-language customer service +49(69)910-10000 Monday to . 2023 Bank of America Corporation. 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. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. 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. 2023 Bank of America Corporation. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be 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. Equal Housing Lender. Guides & resources Access your guide and other materials Medical options & resources Evaluate each plan and carrier [a couple reviews documents about their personal finances], [a group of friends takes a selfie using one of their phones]. The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). At Bank of America, we are committed to working with our institutional clients to provide financial wellness and benefits offerings that address the evolving needs and expectations of their workforce. Interested in returning to Bank of America? Bank of America Online Privacy Notice 2Investment advice on 401(k) assets is only provided to plan participants through certain investment advisory programs as directed by plan sponsors. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other service. This new program makes retirement planning clearer and more approachable for plan participants.. If you have any questions about the latest press releases, press kits or news about Infineon you will find a contact here. This unique opportunity is designed to help employees recharge, reinvest in life priorities, and support emotional well-being. 'use strict';const footerYearContainer=document.getElementById("js-global-footer__year");footerYearContainer.innerHTML=(new Date).getFullYear(); Bank of America Corporation. To view the "EEO is the Law" Supplement, CLICK HERE. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Get to know yourbenefits options for 2023Learn more learn moreGet to know yourbenefits options for2023Learn more learn moreGet to know yourbenefits options for 2023Learn more learn more, Here, U.S.-based Bank of America employees can access a wide range of benefits and programs to support you and your family when away from a work computer.Use the navigation tabs on this page to explore information about Employee Resources at home. or Our Media Relations Team provides the press releases, press kits and events. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Programs, rates, terms and conditions are subject to change without notice. Given the competitive environment for skilled employees, offering a compelling benefits program gives companies an edge to attract and retain talent and help grow their businesses, said Alastair Borthwick, head of Global Commercial Banking. Julia Ehrenfeld, Bank of America This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Their two teams (the Active Traders and Experience the Edge) that participated in our annual Get Active! Bank of America, N.A., Member FDIC. This applies not just to our clients, but to our employees, as well. CHARLOTTE, N.C., Sept. 22, 2021 /PRNewswire/ -- Bank of America today announced findings from its 11th annual Workplace Benefits Report, which revealed 95% of employers feel a sense of . Our findings and suggested action steps aim to help employers make informed decisions about the workplace benefits they offer so they can deliver the support their employees need and want. Explore now. Through this offering, Bank of America brings together traditional financial benefits - including 401(k)1, health care savings2, equity compensation1, and non-qualified . 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. 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. Also, if you opt out of online behavioral advertising, you may still see ads when you log in to your account, for example through Online Banking or MyMerrill. For information about your 401(k) retirement account, please call 1.800.228.4015. Choose the program that best fits your needs. Watch our video to see how we are helping employees understand their retirement plan benefits. Mata ng Agila International | April 20, 2023 | Mata ng Agila - Facebook Additional information is available in our Client Relationship Summary. Euromoney, July 2019, Best Digital Bank in North America; StockBrokers.com, January 2020, No. 2023 benefits! Our benefit programs are designed to meet the diverse needs of employees at every stage of your life and help you plan for tomorrow. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. All rights reserved. Contact the Employee Retirement Savings Center 800.637.4015. Of course, were human. Certain links may direct you away from Bank of America to an unaffiliated site. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. 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. Equal Housing Lender. In a recent conversation with Employee Benefit News, Quinn breaks down how this approach can benefit everyone, and which . CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (Bank of America) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S or Merrill), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation (BofA Corp.). Equal Housing Lender. Bank of America Launches Personal Retirement Strategy, a New Digital Company goals are aspirational and not guarantees or promises that all goals will be met. Then complete in German. Thats why we offer robust financial benefits focused on driving better behaviors across life priorities and the financial spectrum, including: The Financial Wellness Tracker available through Benefits OnLine helps teammates assess where they are financially and connects them with personalized suggestions and company resources to improve their financial health. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,800 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and 2,000 business centers; approximately 16,800 ATMs; and award-winning digital banking with approximately 38 million active users, including approximately 29 million mobile users. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Based on guidance from the CDC, medical boards and health authorities regarding the coronavirus, we have worked to limit the risk of exposure to support our teammates physical wellness. PDF The Bank of America 401(k) Plan Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. 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. entertainment, news presenter | 4.8K views, 28 likes, 13 loves, 80 comments, 2 shares, Facebook Watch Videos from GBN Grenada Broadcasting Network: GBN News 28th April 2023 Anchor: Kenroy Baptiste. The Great Resignation: Why workers say they quit jobs in 2021 | Pew This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. This microsite has been specifically set up to assist our English-speaking clients with permanent residence in Germany. 2 Bank products are available from Bank of America, N.A., and affiliated banks. Relationship-based ads and online behavioral advertising help us do that. Together, we can help you solve todays workplace challenges and be ready for tomorrows. We strive to provide you with information about products and services you might find interesting and useful. 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 ofSIPC, and, in other jurisdictions, by locally registered entities. 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. Online Privacy FAQs MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). International use permitted. Are Not Insured by Any Governmental Agency, Are Not a Condition to Any Banking Service or Activity, you can opt out of online behavioral advertising. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC, and a wholly-owned subsidiary of BofA Corp. In response to the current global health crisis, LES has assisted teammates impacted by the coronavirus. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Retirement Plans including Defined Contribution Plans - Bank of America The company serves clients through operations across the United States, its territories and approximately 35 countries. Some accounts and services, and the fees that apply to them, vary from state to state. Bank of America is a marketing name for the Retirement Services business of BofA Corp. Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., member FDIC. Bank of America today announced the launch of Financial Life BenefitsTM, a suite of workplace benefits and solutions designed to help meet the near- and long-term financial needs of our corporate clients employees. Bank of America, N.A. Automatically enrolling teammates into the 401(k) plan, as we know starting to save early helps with financial planning for retirement. Supporting our employees in their personal and professional lives makes Bank of America a great place to work. There are professionals, students and graduates, as well as school pupils at Infineon. Allrightsreserved. This custom cancer support program, offered through the Memorial Sloan Kettering Cancer Center, includes expedited appointments with MSK specialists, coordinating care and more. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. You can chat with us or call us toll-free 24/7. Please review the information for your state in the Personal Schedule of Fees (at www.bankofamerica.com/feesataglance or at your local Banking Center) and in the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement. Reach out to learn more about how we can help deliver financial wellness solutions. Let us help you differentiate your business and empower your employees to take control of their full financial lives. We strive to provide you with information about products and services you might find interesting and useful. To view the "EEO is the Law" poster, CLICK HERE. There are professionals, students and graduates, as well as school pupils at . Domestic use only. We can empower your organization with benefit options that fit all your people wherever they are in their journey. Hourly employees track time worked and time off, Entering your time during business closures, View quick reference guide on entering time when business location is closed, File a leave or short-term disability claim, view or provide information, or communicate with our leave administrator, View or provide information for an existing long-term disability claim or communicate with MetLife, our long-term disability administrator, Review your paylayer, update benefits informationlayer and access guideslayer with detailed leaves information, For employees on leave, family members and former employeeslayer, Virtual general medical, mental health and primary care consultations, Transparency in Coverage Machine-Readable Files, This link requires the use of the Bank of America Employer Identification Number (EIN), Hawaiian Medical Service Association (HMSA)layer, For employees on leave and family members, Pregnancy, adoption, fertility & infancy support, Access from a personal device on an external connection, Adoption, fertility & surrogacy reimbursementlayer, Employee Assistance Program (EAP) and LifeCare, Global recognition and service milestoneslayer, Bank of America Community Volunteerslayer, Email or chat for U.S. employees on leave and former U.S. employees, Retrieve emergency notices by calling andproviding your person number, One-on-one support if you've beenimpacted by a life event, Employee Retirement Benefits Service Center, In an emergency, call 911; if you still need help, call our 24/7 security hotline, To report the death of a U.S. employee, retiree or dependent. Global HR Service Center. Member FDIC. Personal Retirement Strategy is an online investment advisory program sponsored by Merrill Lynch, Pierce, Fenner & Smith Inc. (MLPF&S or Merrill) that uses a probabilistic approach to determine the likelihood that participants in the program will accumulate sufficient total assets to achieve their annual retirement income goal. Investment products, insurance and annuity products: Financial Life Benefits is a registered trademark of Bank of America Corporation. Personal Retirement Strategy is another example of how we are fulfilling our commitment of partnering with employers to help employees achieve their financial goals.. Financial Life Benefits and Bank of America Financial Life Benefits are trademarks of Bank of America Corporation. Investing in stable value products is typically more involved than investing in other diversified fund offerings. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Please review the information for your state in the Personal Schedule of Fees (at www.bankofamerica.com/feesataglance or at your local Banking Center) and in the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement. Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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. 1Source: Global Wealth and Investment Management Finance. Bank of America Employee Benefits, Perks & Discount Programs 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. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). 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. Benefits designed around the people and companies we serve. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Sabbaticals begin at 15 years of continuous service and may be taken up to two timesthroughout their career. Brokerage and investment advisory 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. You benefit from our deep insights gained from millions of interactions and research across the organization. Please use the various contact channels, which are accessible through our different service modules attached to the pages. 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. Phone: 1.646.855.3267 Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., Member FDIC. 2023 Bank of America Corporation. 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. Change location. With this new solution, retirement and health care savings can be addressed alongside short-term financial needs, guided by financial education and professional guidance.. Find out where Infineon is located and visit the regional websites. MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Please remember there's always the potential of losing money when you invest in securities. We have enhancedourpaid bereavement leave across the globe to an industry-leading 20 days for full-time employees who lose a spouse, partner or child. 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. Under no circumstances should these websites, applications, and material, or any information included in these websites, applications, and materials, be considered an offer to sell or a solicitation to buy any securities, products, or services from Merrill or any other person or entity. Bank of America Employee Benefit: Retirement Plan | Glassdoor For more information about your equity awards, please call 1.877.767.2404 .
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