Bank of America Corporation Benefits

Bank of America Corporation Most Popular Benefits

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India (change)

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  Precise  
  Estimated  
  • Country: India
  • Currency: INR
  • Updated: 18 Feb 2018
  • Individuals Reporting: 12
  • View Table

Find out more about pay at Bank of America Corporation

Bank of America Corporation Benefits Summary

Bank of America Corporation offers several options for retirement savings plans and other perks. Like Bank of America Corporation workers, many workers in the United States participate in health benefits funded by their employer, through which employers typically cover a significant portion of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for employees. Bank of America Corporation provides health, dental, and vision plans. Bank of America Corporation also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help secure a stable money flow later in life, a large number of employees use employer-funded pension plans. Bank of America Corporation offers defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a fixed amount when they reach retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.

Retirement & Financial Benefits

Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan

Health and Insurance Benefits

Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Severance Pay
Accidental Death & Dismemberment Insurance

Bank of America Corporation Job Listings

Popular Locations for Bank of America Corporation

  1. Hyderabad, Andhra Pradesh
  2. Gurgaon, Haryana
  3. Chennai, Tamil Nadu
  4. Mumbai, Maharashtra
  5. Gurgaon, Delhi

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