Bank of America Introduces Financial Life Benefits, Delivering the Industrys Most Comprehensive Set of Solutions and Guidance to Employees of Corporate Clients. 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. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Allrightsreserved. These resources can help you find your next position at the bank. 3Made available through Bank of America, N.A. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. 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. Employees can also donate to the fund and help their fellow teammates. Then complete in German. Global HR Service Center. We can empower your organization with benefit options that fit all your people wherever they are in their journey. Results may vary with each use and over time. To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. visit our Employee Resources at Home page, UHC/OptumRx (Comprehensive and Core Transition Plans). 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. *This communication provides information about certain Bank of America benefits. We bring a breadth of experience and resources from across Bank of America to help you create programs that engage employees and make your job easier. Explore now. Bank of America, N.A. Service Center at 1.800.556.6044. 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 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 40 million active users, including approximately 31 million mobile users. Through this offering, Bank of America brings together traditional financial benefits including 401(k)1, health care savings2, equity compensation1, and non-qualified deferred compensation plans1 with a corporate employee banking and investing offering that can help address employees everyday needs through spending and savings solutions from Bank of America and investing solutions powered by Merrill. Programs, rates, terms and conditions are subject to change without notice. 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. 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. The employees at Infineon are active in many different areas, we offer many different career paths. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Find out where Infineon is located and visit the regional websites. 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. . Bank of America offers institutional client employees a range of financial benefit programs and solutions to help them pursue their financial future. Equal Housing Lender. Please remember there's always the potential of losing money when you invest in securities. If you opt out, though, you may still receive generic advertising. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Please note that you will find only a brief overview of the core services we offer in Germany on these pages. Available in denomination amounts between $25.00-$1,500.00. Stay tuned for important information at the end of this video. For employees on leave and former employees, (BAC Code 10375)Verification for Rhode Island-based employees or government agency request call the Global HR Service Center at 800.556.6044, Your 401(k) plan enrollment guide for new hires, Restricted Stock Unit (RSU) Learning Center. 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. U.S. employees can speak with experienced financial counselors at the Benefits Education & Planning Center for free, personalized guidance with retirement . 2023 Bank of America Corporation. Bank of America, N.A. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other service. 2020 Bank of America Corporation. If you have any questions about the latest press releases, press kits or news about Infineon you will find a contact here. Virtual consults with physicians also available in some countries outside the U.S. The Infineon headquarter is in Munich, Germany. How we help people, companies and institutions realize their financial goals. Member FDIC. 'use strict';const footerYearContainer=document.getElementById("js-global-footer__year");footerYearContainer.innerHTML=(new Date).getFullYear(); Bank of America Corporation. 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. Bank of America Online Privacy Notice 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. Clients should consult their legal and/or tax advisors before making any financial decisions. These locations have different functions and products to offer. Today, 40 percent of large and mid-size companies in the U.S. have a corporate banking relationship with Bank of America, including 95 percent of the U.S. Fortune 1,000, in addition to 3 million small business owners. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off. Online Privacy FAQs Bank of America, Merrill, their affiliates, and advisors do not provide legal, tax or accounting advice. The company serves clients through operations across the United States, its territories and approximately 35 countries. For teammates working in the office, we have, Through our partnership with Thrive Global, we. Check back for the latest opportunities and events in your area. 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. Plus Rewards Card. 1Source: Global Wealth and Investment Management Finance. [a couple reviews documents about their personal finances], [a group of friends takes a selfie using one of their phones]. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. If you prefer that we do not use this information, you may opt out of online behavioral advertising. Thats why were committed to offering a variety of competitive programs and benefits that support your physical, emotional and financial wellness both at work and at home. Diversification and asset allocation do not ensure a profit or protect against loss. What we could use is someone who can help us figure things out now. Take the assessment to understand and improve your financial health. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. These ads are based on your specific account relationships with us. We strive to provide you with information about products and services you might find interesting and useful. 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. To view the "EEO is the Law" poster, CLICK HERE. With each year that passes, thousands of employees retire from Bank of America to begin another chapter of life. All rights reserved. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. In a recent conversation with Employee Benefit News, Quinn breaks down how this approach can benefit everyone, and which . Bank of Americas 2022 Workplace Benefits Report highlights that employers remain critical to helping employees achieve overall wellness. All rights reserved. In June 2022, ahead of schedule, we raised our U.S. minimum hourly wage to $22 as the next step in our plans to increase to $25 by 2025. Company goals are aspirational and not guarantees or promises that all goals will be met. Employee Retirement Benefits Service Center (pension and TSA plans) 800.457.5700. Earlier this year, Bank of America, along with many other large employers, signed on to Publiciss Working with Cancer pledge in support of creating a more open, recovery-forward culture for employees with cancer. Trust and bank fiduciary services are provided by Bank of America, N.A., member FDIC. Relationship-based ads and online behavioral advertising help us do that. Benefits designed around the people and companies we serve. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Key features include: Merrill will act as a 3(21) fiduciary for participants using Personal Retirement Strategy, and a 3(38) fiduciary with respect to the plan assets enrolled in Merrill Managed. 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. U.S. employees have access to industry-leading leave for new parents and back-up child and adult careisavailable when regular arrangements arent available. 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. 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. Employee Financial Services. 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. With insights that give your employees the power to see further. Munich is the capital of the state of Bavaria and offers, in my opinion, a unique combination of modern and traditional. Current and former employees report that Bank of America provides the following benefits. Supporting all aspects of our employees wellness physical, emotional and financialis a critical component of being a great place to work. We offer eligible U.S. employees up to 5% of eligible pay in 401(k) company-matching contributions, plus 2% or 3% in annual contributions (based on years of service). 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. Visit the main Bank of America website. Sharing photos motivated these virtual teams to get active and stay connected. Equal Housing Lender. 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. Sabbaticals begin at 15 years of continuous service and may be taken up to two timesthroughout their career. . You benefit from our deep insights gained from millions of interactions and research across the organization. To make or change your deferral elections, log on to Benefits OnLine (benefits.ml.com) or call the Bank of America Employee Retirement Savings Center at 800.637.4015 (TTY: 800.637.1215). Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Let us help you differentiate your business and empower your employees to take control of their full financial lives. 1 Investment products are available from Merrill Lynch, Pierce, Fenner & Smith Incorporated. IMPORTANT: The projections or other information shown in the Personal Retirement Strategy program regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. . These materials are for informational purposes only. 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. Relationship-based ads and online behavioral advertising help us do that. Employee contribution limits for 2017 You can elect to contribute any amount of your compensation up to 75% in fractional or whole Some accounts and services, and the fees that apply to them, vary from state to state. For information about your 401(k) retirement account, please call 1.800.228.4015. Equal Housing Lender. 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. . If you prefer that we not use this information, you can opt out of online behavioral advertising. Their two teams (the Active Traders and Experience the Edge) that participated in our annual Get Active! 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. There are professionals, students and graduates, as well as school pupils at . 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. 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. Our Retiree Resources at Home is available to retired U.S-based Bank of America employees, and provides support for you and your family. 2.16.2024. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement.
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