Why our benefits programs
At Bank of America, it's our mission to help make financial lives better for the organizations we serve and the people who work for them. By harnessing the power and breadth of our organization's resources, we’re able to provide a comprehensive benefits program from everyday banking2 to retirement solutions1 designed to meet the near-and long-term needs of employees.
With our deep understanding of how finances connect to all facets of people’s lives, we deliver a human experience that comes from knowing what matters most. We take the time to truly get to know our clients, so we can help address their unique needs and challenges.
Experience and insights
Insights from proprietary research and strategic partnerships help us better understand the complexity of employee needs and inform how we provide comprehensive workplace benefits. By understanding what trends, life stage elements and other factors affect employees, we can better support you and your employees with an informed and integrated approach, making benefits personal and actionable.
Your employees need a solution connected to all areas of their financial lives. Financial Life Benefits®, our integrated solution from banking2 to health savings2 and retirement1, employees can manage their financial lives in one place. Our employee benefits programs are designed to make financial wellness a way of life by helping you educate, guide and support your employees in and beyond the workplace.
We lay the groundwork in many areas that are truly leading the industry and informing public policy—which means that our research and insights allow us to shift, anticipate and lead. A forward-thinking, agile mindset propels our commitment to innovation. We provide sophisticated and continuous cybersecurity and data protection protocols.
2022 Workplace Benefits Report
Bank of America’s 2022 Workplace Benefits Report highlights that employers remain critical to helping employees achieve overall wellness. 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.