On screen BofA opening flagscape logo Personal Retirement Strategy Foe Plan Sponsor and Consultant Use Only. Distributed to Anny Other Audience is Prohibited. Please see Important Disclosures at the end of this video. Bank of America is a marketing name for the Retirement Services business of Bank of America Corporation (“BofA Corp.”). Banking activities may be performed by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A., Member FDIC. Brokerage and investment advisory services are provided by wholly owned nonbank 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 advisor and Member SIPC. Investment products: Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value On screen footage of a family reviewing documents Feeling confident about retirement planning is important to most people. On screen footage of a family reviewing documents In fact, retirement income planning is the number one financial concern among employees today. #1 financial concern On screen animation of dots cued in from the left – seven blue and one red at the end, interrupting the approach to a basket of eggs And while employees are often focused on preparing for retirement, they don’t always have a plan to get there. On screen animation of Personal Retirement Strategy customer income goal probability on a computer and phone Personal Retirement Strategy can help. Personal Retirement Strategy On screen animation of customer income goal probability transitioning to “Where will your money come from?” screen on phone It’s a digital investment advisory program designed to make retirement planning simple and approachable. Simple and Approachable On screen animation of tablet with the Personal Retirement Strategy dashboard Once enrolled, it engages employees in the retirement planning process… Engages employees in the retirement planning process On screen animation of zoom to personalized insights. with personalized insights and interactive data visualizations... On screen animation of zoom to dashboard of customer income goal probability dashboard that help them understand how the financial decisions they make today could affect their future. On screen animation of retirement age adjustment tool transitioning to retirement income adjustment tool They can explore various scenarios such as, adjusting their retirement age or desired retirement income. On screen animation of contribution options and tax rates dashboard And they can even look at the potential tax consequences of different contribution rates… On screen animation of recommendation dashboard while getting actionable recommendations along the way. On screen animation recommended asset allocation dashboard Employees also receive a personalized goals-based asset allocation. On screen animation of a pie graph The suggested allocation may decrease risk... Decrease Risk On screen animation of a hit-target icon while helping to keep employees on track to reaching their retirement income goals. Retirement Income Goals On screen animation of the Merrill logo And Merrill will act as a fiduciary for employees. act as a Fiduciary On screen animation of Merrill logo and Merrill Managed service screen They can opt to have Merrill handle the ongoing investment management using your plan’s current investment menu… On screen animation of the Merrill Managed service screen With our discretionary managed account called Merrill Managed, available for an additional fee. Merrill Managed On screen animation of a pie graph Merrill will manage their 401k assets and act as an ERISA 3 - 38 fiduciary investment advisor. Merrill Managed On screen animation of Financial Life Benefits solutions, plans and services Personal Retirement Strategy and Merrill Managed complement the workplace benefits offered through our Financial Life Benefits suite of solutions. Personal Retirement Strategy & Merrill Managed On screen footage of a couple viewing a tablet When offered, you can help employees access more personalized advice and guidance… Personalized advice and guidance On screen footage of a couple viewing a tablet while showing them that you’re invested in their financial futures. Invested in their financial futures On screen animation of BofA closing flagscape logo To learn more, talk to your Bank of America representative. To learn more, talk to your Bank of America representative IMPORTANT DISCLOSURES 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. The recommendations provided by Personal Retirement Strategy may include a higher level of investment risk than a participant may be personally comfortable with. Participants are strongly advised to consider their personal goals, overall risk tolerance, and retirement horizon before accepting any recommendations made by Personal Retirement Strategy. 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. Merrill offers a broad range of brokerage, investment advisory and other 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. It is important to understand the differences, particularly when determining which service or services to select. IMPORTANT: The projections or other information shown in the Personal Retirement Strategy program regarding the likelihood of the various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time. Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results. Bank of America, Merrill, their affiliates, and advisors do not provide legal, tax, or account advice. Clients should consult their legal and/or tax advisors before making any financial decisions. All sector and asset allocation recommendations must be considered in the context of an individual investor’s goals, time horizon and risk tolerance. Not all recommendations will be in the best interest of all investors. Asset allocation diversification and rebalancing do not ensure a profit or protect against loss. Any new products, services, enhancements, or release dates are subject to change based solely on Bank of America decision, including not proceeding with a planned offering. © 2021 Bank of America Corporation. All rights reserved. | MAP3576694| 07/2021
For Plan Sponsor and Consultant use only. Distribution to any other audience is prohibited. 3576694-EXP-2022-09-25 | 
