Employees can also donate to the fund and help their fellow teammates. 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. As I reflected back on my two years of working with a health coach and all my various nutrition and stress goals, I was elated to realize I had accomplished all my goals.. 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. 4 Banking and mortgage products are offered by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp. 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. Available in denomination amounts between $25.00-$1,500.00. 2023 Bank of America Corporation. These ads are based on your specific account relationships with us. And while the priorities and to-do lists may change, we want to help our retirees stay connected to Bank of America through our dedicated Retiree Resources portal. CHARLOTTE Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. 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. 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. 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. 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. If you prefer that we do not use this information, you may opt out of online behavioral advertising. 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. 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. Bank of America, Merrill, their affiliates, and advisors do not provide legal, tax or accounting advice. Available in denomination amounts between $25.00-$1,000.00. 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. These materials are for informational purposes only. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. 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. CHARLOTTE - Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Bank of America and the Bank of America logo are registered trademarks of BofA Corporation. For the moments when our employees need support the most, our internal, highly specialized Life Event Services group provides personalized support with dedicated teams covering the U.S, EMEA, and Asia-Pacific. Member FDIC. 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. You can chat with us or call us toll-free 24/7. Additional information is available in our Client Relationship Summary. 2023 Bank of America Corporation. 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. Standard Rewards Card. Contact the Employee Retirement Savings Center 800.637.4015. Bank of America, N.A. [a woman looks through binoculars, not noticing the beautiful scene behind her]. [in a hedge maze, a woman consults a map while a man looks to her for direction]. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other service. We can empower your organization with benefit options that fit all your people wherever they are in their journey. Some accounts and services, and the fees that apply to them, vary from state to state. Life Event Services (LES) is an internal, highly specialized group that provides personalized support for major life events, including connecting employees to resources, benefits and counseling. Please remember there's always the potential of losing money when you invest in securities. 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. The Merrill Edge Client Experienceteam enjoyed getting active by participating in a team photo scavenger hunt. Equal Housing Lender. Bank of America, N.A., Member FDIC. Because they all have different wants and needs. Bank of America, N.A. [exterior of a tall building with a Bank of America sign on it], [a Bank of America representative shakes hands with a customer]. Retiree Retirement Savings Center(401(k) plans; stock and long-term cash), Retiree Retirement Benefits Service Center(Pension and TSA plans), To report the death of a U.S. employee, retiree or dependent. Sabbaticals begin at 15 years of continuous service and may be taken up to two timesthroughout their career. Benefits designed around the people and companies we serve. Trust and bank fiduciary services are provided by Bank of America, N.A., member FDIC. You can chat with us or call us toll-free 24/7. 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 . 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."). Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. Bank of America's Financial Life Benefits platform provides that comprehensive program, with financial service tools, assessments and trackers that take into account the individual habits, hurdles and goals of every client. Examples of benefits and programs available to our U.S. employees are below. Participants are strongly advised to consider their personal goals, overall risk tolerance, and retirement horizon before accepting any recommendations made by Personal Retirement Strategy. 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. Find out where Infineon is located and visit the regional websites. 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. 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. We strive to provide you with information about products and services you might find interesting and useful. [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]. 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. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. We need more companies like Bank of America that show they care for employees not just as workers, but as human beings., - Sheryl Sandberg, COO of Facebook, on our bereavement policy. Bank of America Online Privacy Notice 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. To view the "EEO is the Law" poster, CLICK HERE. All rights reserved. . 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. 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. All General Terms and Conditions are in German. 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. 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. Suggestion Our approach to physical wellness is built on the things we can do to help address health risks and manage health care costs for our teammates, including robust health and insurance benefits and wellness resources. As a retired employee, you can catch up on the latest news about Bank of Americaby reading our quarterly newsletter. More than ever before, employees are looking to their employers to provide benefits that help them navigate the complexity of planning for tomorrow, said Lorna Sabbia, head of Retirement and Personal Wealth Solutions at Bank of America. list is available use arrows keys to navigate. Bank of America, N.A. Member FDIC.Equal Housing Lender . 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. Online Privacy FAQs With this new solution, retirement and health care savings can be addressed alongside short-term financial needs, guided by financial education and professional guidance.. The PDF is your official payslip. All rights reserved. Security for all stages of life. This microsite has been specifically set up to assist our English-speaking clients with permanent residence in Germany. 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. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., Member FDIC. At Bank of America, we see more of the people you see every day. 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. 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. 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. 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. 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). We offer quality health and insurance benefits and continue to provide wellness programs and resources, such as annual health screenings and the Get Active! Stay connected to your Bank of America retirement benefits and programs. Euromoney, July 2019, Best Digital Bank in North America; StockBrokers.com, January 2020, No. We tend to see whats right in front of us. 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. These locations have different functions and products to offer. 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 have access to industry-leading leave for new parents and back-up child and adult careisavailable when regular arrangements arent available. 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. 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. Bank of America is a marketing name for the Retirement Services business of Bank of America Corporation ("BofA Corp."). We see more of the people you see every day. Check back for the latest opportunities and events in your area. At Bank of America, we see more of the people you see every day. And thats not easy. All rights reserved. Employer Verified. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill provides products and services to various employers, their employees and other individuals. Purchase fees for business are $3.50 per card. Allrightsreserved. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Bank of America's employee resources at home allow you to stay connected to the programs, resources and benefits offered, even when away from your work computer. The Bank of America 401(k) Plan As you leave the company . With the wide range of benefits and programs available, we offer resources to support employees and their families at every stage of life and plan for the future. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review At Bank of America, we know that supporting the physical, financial and emotional wellbeing of our employees in their personal life also supports them in their work life so they can be the best at work and at home. Our retirees take the experience, skills, network and relationships gained during their tenure with them into retirement. Phone: 1.770.361.2573 More than 100,000 employees, family members and retirees have worked with our highly trained and empathetic Life Event Services team members who provide support around: And in the moments when life takes an unpredictable turn, we offer support for our employees who are experiencing a financial hardship resulting from a sudden, severe and unexpected event through our Employee Relief Fund. To help them see their total financial picture. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Then complete in German. Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise. With the wide range of benefits and programs available, we offer resources to support employees and their families at every stage of life and plan for the future. The employees at Infineon are active in many different areas, we offer many different career paths. The solution is now available to large and mid-sized companies, and is designed to provide employees: According to Aron Levine, head of Consumer Banking and Investing, This broad range of solutions provides employees a more complete set of tools and resources to manage their finances and pursue their goals. Automatically enrolling teammates into the 401(k) plan, as we know starting to save early helps with financial planning for retirement. Bank of America, N.A. Media Relations is the right contact for journalists. 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 . . 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). 2021 Bank of America Corporation. 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. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. There are professionals, students and graduates, as well as school pupils at . All rights reserved. Critical events, such as natural disasters, fires or acts of violence, Working with a medical accommodation need in the workplace. Change location. 1 Investment products are available from Merrill Lynch, Pierce, Fenner & Smith Incorporated. Based on service for eligible U.S. teammates. If you opt out, though, you may still receive generic advertising. If you prefer that we do not use this information, you may 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. 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. Todays workforce is especially concerned about retirement, but employees often lack the guidance and tools that are essential to develop a plan. Their two teams (the Active Traders and Experience the Edge) that participated in our annual Get Active! 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. Our competitive financial benefits including 401(k) contribution matches, retirement advice2, health savings accounts3, educational resources and financial wellness tools help employees address money issues in the here-and-now, prepare for retirement and help protect their family over the long term. 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. Relationship-based ads and online behavioral advertising help us do that. 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. For many employees, a 401 (k) plan (or defined contribution plan) is one of their most critical retirement vehicles. 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. Relationship-based ads and online behavioral advertising help us do that. Employee Retirement Benefits Service Center (pension and TSA plans) 800.457.5700. Bank of America is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. Service Center at 1.800.556.6044. Equal Housing Lender. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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.). Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., Member FDIC. Go to Retirement planning and insurance in German, Make payments and withdraw cash around the world, Total transparency and control with the app, Securities selection according to risks and asset classes, Current assessments of markets and sectors, Access to the global investment know-how of Deutsche Bank, Risk coverage just in case: safeguard what is important to you, Useful services for financing your own home, Long-term and individual financing concept, Take advantage of suitable follow-up financing. 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 . 3896 employees reported this benefit. 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. 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."). 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. The per-capita income of each is among the highest in Germany. Global HR Service Center. MAP3551697, Don Vecchiarello, Bank of America 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. This custom cancer support program, offered through the Memorial Sloan Kettering Cancer Center, includes expedited appointments with MSK specialists, coordinating care and more. |5343809 Exp. This new program makes retirement planning clearer and more approachable for plan participants.. Bank of Americas 2022 Workplace Benefits Report highlights that employers remain critical to helping employees achieve overall wellness. For information about your 401(k) retirement account, please call 1.800.228.4015. Suggestion International use permitted. U.S. employees can speak with experienced financial counselors at the Benefits Education & Planning Center for free, personalized guidance with retirement . Financial Life Benefits provides this integrated solution and support, and helps make doing business easier.. The program delivers personalized insights, guidance and tools, as well as access to digital investment management services seamlessly integrated into the 401(k) experience. 1Source: Global Wealth and Investment Management Finance. In the wrong place? 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.). 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. Through this offering, Bank of America brings together traditional financial benefits - including 401(k)1, health care savings2, equity compensation1, and non-qualified . Our Retiree Resources at Home is available to retired U.S-based Bank of America employees, and provides support for you and your family. Online Privacy FAQs 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. To view the "EEO is the Law" Supplement, CLICK HERE. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. But Infineon is represented in nearly all parts of the world. > About Infineon 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. 2023 Bank of America Corporation. Additional information is available in our Client Relationship Summary. It is important to understand the differences, particularly when determining which service or services to select. Our Investor Relations Team provides the financial results and reports of Infineon, for example the quarterly financial results, or annual reports. Bank of America Retirement Plan. Roughly half say child care issues were a reason they quit a job (48% . Teammates are encouraged to complete wellness activities and receive a $500 credit to their annual medical plan premium.1 If the employees spouse/partner also completes these activities, this credit is increased to $1,000. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. At Bank of America, part of being a great place to work is creating opportunities for employees to grow, develop and build a career at our company. 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. 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. For active employees**From the Pay icon, click Payslips under the View menu. Our retirees can access our quarterly newsletter on the portal to stay up-to-date with company news and retiree-focused content, and are also able to access available benefits and programs that are similar to those available to employees, such as: Available to those on national bank medical plans. If you prefer that we do not use this information, you may opt out of online behavioral advertising.
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