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Comprehensive benets solutions
for employers and employees
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Engage the opportunity
Bank o America Merrill Lynch seamlessly delivers comprehensive
fnancial solutions to help organizations reduce costs, operate more
efciently, maximize capital and enhance human resources. As an
industry leader in benefts and retirement solutions, we provide your
organization access to fnancial tools and thought leadership to help
you plan and grow.
Choose Bank of America Merrill Lynch
Bank o America Merrill Lynch brings you not only a wealth o
capabilities, but the innovation and expertise to ensure that you
receive relevant and clear fnancial solutions and market intelligence.
We deliver our products and services through dedicated specialists
who understand your business, your markets and your needs. Work
with us and beneft rom a trusted fnancial relationship centered on
service excellence and enduring quality.
Bank o America Merrill Lynch can help organizations like yours
build benefts to better retain and attract the best employees whilereducing the internal costs o your human resources operations.
ment products oered by Investment Banking Afliates: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed.
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Engage the opportunity
Bank o America Merrill Lynch seamlessly delivers comprehensive
fnancial solutions to help organizations reduce costs, operate more
efciently, maximize capital and enhance human resources. As an
industry leader in benefts and retirement solutions, we provide your
organization access to fnancial tools and thought leadership to help
you plan and grow.
Choose Bank of America Merrill Lynch
Bank o America Merrill Lynch brings you not only a wealth o
capabilities, but the innovation and expertise to ensure that you
receive relevant and clear fnancial solutions and market intelligence.
We deliver our products and services through dedicated specialists
who understand your business, your markets and your needs. Work
with us and beneft rom a trusted fnancial relationship centered on
service excellence and enduring quality.
Bank o America Merrill Lynch can help organizations like yours
build benefts to better retain and attract the best employees whilereducing the internal costs o your human resources operations.
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Employee Benefts Banking 5
Retirement andBenet Plan Services
Investmentsand Wealth Management
As your single source or retirement and beneft plans,
you can combine any or all o our oerings into one
ully integrated program that is easy to manage and
easy or your employees to understand and access.1
Work independently or partner with our investment
proessionals to plan a retirement, save or education
or build a legacy or amily and heirs.
y Defned Contribution
y Defned Beneft
y Nonqualifed Deerred
Compensation
y Equity Compensation
y Executive Services
Merrill Edge®2
y A powerul network o investing
and banking capabilities
y Invest on your own or instead receive advice
and guidance by phone through the Merrill Edge
Advisory Center™
y Total banking and investing via a s ingle,
secure online experience — merrilledge.com
Comprehensive Wealth Management™ 3
y Dedicated fnancial advisor, wealth management
specialist or private wealth advisor
y Holistic wealth management advice and guidance
y Investment, retirement and estate planning,
tax management, wealth structuring and amily
ofce solutions
y Access to strategies and advice typically reserved or large institutions
Bringing it all together — helping you achieve more.
We give you more ways to build your company’s benefts programs
and empower your employees to take control o their personal
fnances with greater ease, control and efciency.
Employee Bankingand Payroll Solutions
Bank of AmericaBenet Solutions™
Employee Home Loansand Relocation Services
Banking solutions to help you reduce
payroll costs and increase direct
deposit o pay, while providing
employees with everyday banking
benefts — at no cost to you.
Cost-eective, value-added
healthcare accounts save you
money and give your employees
more control over healthcare
spending.
Attract and retain high-caliber
employees with a wide array o
home loan fnancing and employee
relocation solutions.
Bank of America at Work®
y A comprehensive package
o checking, savings and
borrowing solutions
y Keep the Change®savings
program and Add It Up®
cash back rewards program
y Online tools to help employees
plan, prepare and save
Money Network™
y Smart ways or employees
— banked or unbanked —
to access their pay
y Helps you achieve direct
deposit o pay and reduce costs
y Money Network™ Visa Paycard
and Money Network™ Checks
y Health Savings Account (HSA)
— The HSA or Lie®rom
Bank o America
y Health Reimbursement
Arrangement (HRA)
y Flexible Spending Account (FSA)
y Health Incentive Account (HIA)
y Retiree HRA
y Bank o America Employee
Home Loan®program oers
competitive rates and
discounted ees or your
entire employee base
y Enhanced voluntary benefts
program that can help increase
employee morale, retention
and recruitment
y Guidance rom a team o
experienced home loan and
relocation mortgage experts
y Relocation procedures designed
to align with your relocation policy,
including direct billing, buydown
programs, group move programs,
and no property lock-in programs
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Employee Benefts Banking
Bank of America Merrill Lynch is at the forefront of providing clients with
banking clarity and nancial transparency. Our Clarity Commitment®
statement promotes the communication of clear and concise nancial
information. We make it simple for clients to understand lending products
so they can use credit wisely. Whether for mortgages or credit cards,
Clarity Commitment summaries help clients manage everyday nances
and select appropriate products and services with greater ease,
control and clarity.
Clarity commitmentEmployee Banking and Payroll Solutions
You have a strong commitment to your employees and you want to give them
the best. We have the solutions to help. The Bank o America at Work®and
Money Network programs— two integrated banking solutions that can help
you reduce payroll costs and mitigate risk, while providing your employees with
value-added, everyday banking benefts and services—all at no cost to you.
Employee Banking — Bank of America at Work
As a valued corporate client, you and your employees
are entitled to take advantage o the many benefts
and eatures o our premier banking benefts
program — Bank o America at Work.This program
is oered to you and your employees at no cost, and
is an excellent complement to the other benefts youalready provide to your employees.
Strengthen benets and maximize
employee satisfaction
Bank o America at Work provides convenient, reliable,
and secure solutions, including interactive tools to
help you manage your money. Bank o America at
Work provides your employees with checking, savings
and borrowing solutions. As a Bank o America at
Work participant, not only do you save money with
innovative products and services, now you can also
make managing your money easier, as you will have
access to a website which oers a wide range o
fnancial tools, articles, calculators and tips to help
you meet your fnancial goals. Oering this exclusive
banking package to employees is a cost-eective way
to enrich your benefts package and at the same time
oer employees added incentives to participate in a
direct deposit o payroll program.
Dedicated support
Partner with our Group Banking®team. Together,
we’ll tailor and implement a banking benefts package
to meet your company’s needs. We will provide
promotional materials, communication plans, on-siteenrollment events, website links and more. Plus,
our team will continuall y assess the program’s
eectiveness to maintain optimal perormance.
Simplify your payroll — Bank of America at Work
and Money Network
Bank o America oers a solution to help employers
increase the use o direct deposit o pay. Through
the Money Network program, made available by
Bank o America Merchant Services,4and the
Bank o America at Work program, we provide employerswith an integrated payroll solution that oers eligible
employees the choice o receiving their pay through
a traditional bank account or a paycard. With these
combined programs you can help reduce payroll costs,
mitigate risk and oer your employees a sae and cost
eective way to receive their pay.
Bank of America at Work
and Money Network benets:
For employers:
Helps increase direct deposit penetration
Reduces payroll costs associated with printing,
distribution and administrative expenses
Reduces check raud, loss and reissues
Allows or automated electronic delivery o pay
in the event o a natural disaster
Helps provide prompt disbursement and access
to wages or employees
Reduces your business’ environmental impact by
moving rom paper checks to electronic payment
For employees:
Oers superior banking products and services or
everyday banking needs
Provides essential fnancial planning toolsand resources
Provides access to cash at more than 6,000 banking
centers and 18,000 ATMs nationwide
Oers prompt disbursement and access to wages
on payday
Gives employees the ability to make purchases
wherever Visa®credit or debit cards are accepted:
in stores, online or over the phone
Grants access to wages at thousands o surcharge-
ree Allpoint Network ATMs or by cashing Money
Network Checks at no charge in thousands o
locations nationwide
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Employee Benefts Banking
Our customer healthcare accounts provide employees with
more choice and greater control over their healthcare spending
— and may reduce costs and help you save money, too.
Financial wellnessBank of America Benet Solutions
As an employer, you recognize that a cost-eective, valued-added benefts
package can help you reduce costs and retain key employees. You can count
on Bank o America Beneft Solutions to provide consumer directed healthcare
accounts that give your employees more choice and greater control over their
healthcare spending. Our health care account benefts specialists work closely
with you and your employees, providing participants with the tools and support
needed to ensure successul enrollment and participation.
Heath Savings Account (HSA) — The HSA for Life®
from Bank of America
Our HSA is truly portable and stays with your employees
whether they change health plans, move to a new jobor retire. With The HSA or Lie, employees can save or
current or uture medical expenses on a pre-tax basis
and have more control over how their healthcare dollars
are spent. In addition, HSA unds do not expire and are
always available to pay or eligible medical expenses.
Health Reimbursement Arrangement (HRA)
With an HRA, you decide the contribution amount
and eligible healthcare benefts or employees. Your
employees can then access unds to pay or medical
expenses not covered in your health plan. As a result,
you enjoy tax savings and more efcient cash ows,
while your employees avoid fling tedious claim orms
and waiting or approvals.
Flexible Spending Account (FSA)
The Health FSA allows your employees to plan ahead
or yearly medical outlays by allowing them to set aside
pre-tax money on an annual basis. Employees pay or
qualifed medical expenses incurred during that year.
And because Bank o America Beneft Solutions
streamlines the claims process, the paperwork or you
and your employees is greatly reduced, ostering higher
adoption rates across your organization. Employees
also have the option to contribute pre-tax dollars to aDependent Care FSA to pay or childcare and adult
care expenses as well.
Health Incentive Account (HIA)
Promote healthier liestyles or your employees by
contributing unds to an HIA. You can contribute unds
to an HIA or employees who actively engage in makinghealthier liestyle choices, such as participating in
smoking cessation or weight management programs.
Employees can use the unds that you contribute to cover
qualifed medical expenses. The Bank o America Beneft
Solutions HIA integrates easily with most wellness and
healthcare partners, making it a perect addition to any
benefts program.
Retiree HRA
When your HRA - eligible employees are ready to retire,
oer them the Retiree HRA. With the Retiree HRA, you
decide the eligible expenses that are right or your
retired population, including insurance premiums,
Medicare supplemental coverage premiums and more.
And your retirees can roll over unds rom their current
HRA to their Retiree HRA, allowing them to oset
growing medical costs and beneft rom all o your
HRA contributions into retirement.
NOTE:Bank o America Beneft Solutions does not provide tax or legal advice.This summary is provided solely or general inormation purposes,and is not to be construed as tax or legal advice.
Please consult with your own attorney or tax advisor to understand the tax and legal consequences o your HSA and your particular situation.
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Employee Benefts Banking
As a leading home loan lender and employee relocation specialist,
Bank of America Home Loans provides streamlined, convenient and
reliable home nancing and relocation solutions, so you and your
employees feel condent and secure in every move you make.
Unlocking possibilitiesEmployee Home Loan and Relocation Services
Today’s global marketplace requires a nimble, yet sophisticated approach to
pursuing opportunities when and where they arise. So wherever your business
takes you, the Bank o America Employee Home Loan program complements
your company’s internal benefts policy. It’s an attractive way to recruit and
retain high-caliber employees at no cost to your company.
Leverage our leadership
We are a leading home loan lender and we ocus our
considerable experience and resources on providing an
exceptionally convenient and streamlined home fnancing
process. Your company and employees can be confdent
that their mortgage loan ofcer is working hard or them.
Experience, ocus and resources — these are a ew o the benefts to be gained by making Bank o America
Home Loans®your partner o choice.
Expert guidance from home loan professionals
With personal attention rom mortgage loan ofcers
dedicated to helping your employees be successul
homeowners, we provide the convenience o a
centralized team o home loan specialists and the
confdence that comes with our long-standing
commitment to responsible lending.
We demonstrate our commitment to responsible
lending and to creating successul homeowners
through our Clarity Commitment®document, a
one-page summary o key loan terms written in
customer-riendly language and through our strong
educational ocus aimed at empowering customers
with the inormation they need to make inormed
home loan decisions.
No matter how many employees you have, or how
many employees you need to relocate, we provide
an experienced account manager as a single point
o contact or you and your sta. Our centralized team
o mortgage proessionals understands the industry and is dedicated to making the home loan process
less complicated and more rewarding or you and
your employees.
Proven solutions
Whether employees plan to purchase or refnance, the
Employee Home Loan Program can help your qualifed
employees gain access to competitive rates, ees,
customized home fnancing solutions and personal
customer service and support. Complement your
company’s internal benefts policy with our value-addedemployee home loan process that enhances employee
morale by giving them exible ways to purchase a new
home, refnance an existing home loan or obtain a home
equity loan or line o credit.
You can also help your relocating employees realize
their fnancial goals through homeownership, with
benefts including direct bill payment tailored to your
relocation policy, interest rate and payment subsidy
buydown programs and discounted closing costs and
lender ees.
Home loans as diverse as your needs
Leverage the resources o an industry leader and give
your employees an array o loan products and services
at competitive rates and ees. We oer essential home
fnancing support, group move programs designed to
maximize relocation opportunities, prequalifcation
estimates and personal attention rom a dedicated
client manager throughout the loan process. In addition,
qualifed borrowers can beneft rom reduced lender
ees, competitive interest rates and no property
lock-in programs.
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Employee Benefts Banking
Bank of America Merrill Lynch provides clients with strong market
insight, strategic investment advice, proactive wealth management,
targeted nancial solutions and industry leadership. Our strengths
and intellectual capital make us uniquely qualied to help businesses
and employees anticipate challenges and maximize opportunities.
Blending opportunitiesInvestments and Wealth Management
Your employees ace increasingly complex challenges pursuing a secure fnancial
uture. Whether they choose to manage their own investments, partner with
an experienced fnancial advisor or consult with a team o wealth management
specialists, our ull range o solutions can help them achieve the lie they envision.
Merrill Edge®
By combining the investment insights o Merrill Lynch and
the banking strength o Bank o America, Merrill Edge
oers a powerul network o capabilities that are designed
to help your employees make the most o their money.
Merrill Edge oers two options:
Merrill Edge Self-Directed Investing
Oering a wealth o tools, research and intelligence,
a sel-directed account rom Merrill Edge can help
your employees make confdent and well-inormed
investment decisions. They may also beneft rom
lower-commission pricing based on their total
relationship with Merrill Lynch and Bank o America.
Merrill Edge Advisory Center®
Proessional fnancial guidance rom the Merrill Edge
Advisory Center is available to your employees
who have between $20,000 and $250,000 to invest.
Working with a team o licensed Financial Solution
Advisors by phone, they’ll receive help developing and
implementing short- and long-term fnancial goals with
specifc investment recommendations and clear action
steps or staying on track.
No matter which option your employees choose, they
will enjoy a single view o their Merrill Lynch and
Bank o America accounts through merrilledge.com—
making fnancial management that much easier.
Comprehensive wealth management solutions
As your business grows, your executives, key employees
and their amilies are aced with more complex fnancial
needs. In partnership with a fnancial advisor, wealth
management specialist or private wealth advisor, your
employees can build a customized wealth management
strategy to help them achieve their fnancial goals.
We deliver the strength and breadth o one o the world’slargest fnancial services organizations with a wide range
o traditional and alternative investments to develop
detailed, targeted and comprehensive investment
strategies reective o the lie, wealth and legacy o
each client. Your employees can access a ull suite o
investment management, wealth structuring, credit and
banking, amily ofce, concentrated stock management,
tax management, estate and trust planning, legacy
and philanthropy solutions to help preserve and
manage wealth.
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Employee Benefts Banking
We understand the challenges institutions, families and individuals
face, as well as the communities they serve and the importance of
their missions. As a long-standing advisor to philanthropists, we have
the depth of management and investment expertise to address
today’s and tomorrow’s commitments.
Shared visionExpand upon your strengths
As a global leader in banking, benefts solutions, investment and
wealth management solutions and other fnancial risk management
products and services, Bank o America Merrill Lynch serves
clients in more than 150 countries, supports more than 59 million
consumers and small business relationships, and is among the
world’s leading wealth management companies.*
Through our size, scale and global presence, we provide clients
with a ull range o high quality, innovative capabilities, delivered
with local convenience and efciency. We are on the ground in your
communities helping businesses grow and improving lives throughcommunity development banking, philanthropy, environmental
lending, investments and volunteerism.
*As o ourth-quarter 2010
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Employee Benefts Banking
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Stacy Carcaci
Account Executive
nterprise Creative Solutions
1Bank o America Merrill Lynch is a marketing name or the Retirement & Philanthropic Services businesses o Bank o America Corporation (“BAC”).Banking and fduciary activities are perormed by wholly owned banking afliates o BAC, including
Bank o America,N.A., member FDIC.Brokerage services are perormed by wholly owned brokerage afliates o BAC,including Merrill Lynch, Pierce,Fenner & Smith Incorporated (“MLFP&S”),a registered broker-dealer and member SIPC.
2Merrill Edge® is the marketing name or two businesses: Merrill Edge Advisory Center,which oers team-based advice and guidance brokerage services; and a sel-directed online investing platorm.Both are made available through Merrill Lynch, Pierce,
Fenner & Smith Incorporated (“MLPF&S”).MLPF&S is a registered broker-dealer,member SIPC and a wholly owned subsidiary o Bank o America Corporation.
3Merrill Lynch Wealth Management makes available products and services oered by MLPF&S,a registered broker-dealer and member SIPC, and other subsidiaries o Bank o America Corporation.Investment products and services may be available through
a relationship managed by U.S.Trust,Bank o America Private Wealth Management.U.S.Trust,Bank o America Private Wealth Management,operates through Bank o America,N.A., and other subsidiaries o BAC. Bank o America,N.A., member FDIC.
4Merchant Services are provided by Bank o America,N.A. and its representative Banc o America Merchant Services,LLC. Banc o America Merchant Services,LLC i s not a bank,does not oer bank deposits,and its services are not guaranteed or insured
by the FDIC or any other governmental agency.
“Bank o America Merrill Lynch”is the marketing name or the global banking and global markets businesses o Bank o America Corporation.Lending, derivatives,and other commercial banking activities are perormed globally by banking afliates o
Bank o America Corporation,including Bank o America,N.A.,member FDIC. Securities,strategic advisory,and other investment banking activities are perormed globally by investment banking afliates o Bank o America Corporation (“Investment Banking
Afliates”),including, in the United States,Merrill Lynch, Pierce,Fenner & Smith Incorporated and Merrill Lynch Proessional Clearing Corp.,all o which are registered broker dealers and members o FINRA and SIPC, and,in other jurisdictions, by locally
registered entities.Investment products oered by Investment Banking Afliates: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed.©2011 Bank o America Corporation.
U.S.Trust,Bank o America Private Wealth Management operates through Bank o America,N.A. and other subsidiaries o Bank o America Corporation.
Keep the Change® patent pending.
The Clarity Commitment® is provided as a convenience,does not serve as a substitute or a borrower’s actual loan documents, and is not a commitment to lend.Borrowers should become ully inormed by reviewing all o the loan and di sclosure
documentation provided.
Bank o America,N.A.,Member FDIC Equal Housing Lender © 2011 Bank o America Corporation.Credit and collateral are subject to approval.Terms and conditions apply.This is not a commitment to lend.Programs,rates, terms and conditions are
subject to change without notice.
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Stacy Carcaci
Account Executive
nterprise Creative Solutions
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Stacy Carcaci
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nterprise Creative Solutions