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14th May 2016, 05:12 PM
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Join Date: May 2012
Re: Bank Of America Pension Plan

Bank of America is an American multinational banking and financial services corporation. It is the second largest bank holding company in the United States by assets.

It headquartered in Charlotte, North Carolina.

Defined Benefit Plan-

Defined Benefit pension plans continue to represent a viable retirement plan design for plan sponsors and participants in many industry and business sectors.

This highly professional staff can:

Provide you with a flexible and comprehensive array of investment, administrative and trust services.

Offer efficient approaches to meeting emerging plan liabilities

Help you manage overall risk

Help participants gain a solid understanding and appreciation of their options and the value of the pension plan.

Their Bank of America, N.A. investment team and research group can provide access to:

Complete needs analysis
Risk Posture assessments
Plan liability analysis and modeling
Asset allocation review
Investment Policy Statement Development
Economic analysis
Market strategy
Manager research and selection
Performance measurement
Portfolio monitoring
Modeling

Administrative and recordkeeping services include:

Plan eligibility determination, participant welcome information and plan documentation
Participant statements
Employee enrollment and contributions
Required Minimum Distribution tracking and processing
Vesting determination
Beneficiary maintenance
Terminated, disabled, pre-retirement deceased participant benefit processing
Benefit elections processing
Participant initiated retirement request execution
Normal retirement notifications and election processing for terminated vested participants
Complete retiree payroll maintenance
QDRO execution


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