Innovation
Industry leading solutions
Across all plan types, we leverage the power of technology to create efficiencies. Our web-based platform gives you a consolidated window to multiple plans — defined benefit, defined contribution/401(k), non-qualified deferred compensation, equity plans and executive services. You access plan information, tools, and reports virtually 24/7 with a single sign-on through our award-winning Benefits Online® Web site.
Our innovations in working with plan data can make your job easier in myriad ways:
- Tracking and consolidating data required for equity plan tax and regulatory compliance
- Providing an overall wellness score for your 401(k) participants and plan
- Showing a "dashboard" view of participant key account information
- Simplifying enrollment and clicks needed to complete transactions
Data can help you identify strengths and weaknesses of specific plans and overall programs, including plan design and communications. Armed with this knowledge, we will work together with you to help employees achieve retirement readiness.
The Innovation Economy: Driving Global Growth and Recovery
From Nanotech to DNA sequencing, large companies and small are changing our world. In the process, they should create jobs — and new investment opportunities. Go to www.ml.com/innovation for perspectives on innovation in the Energy, Tech and Health sectors.
Bank of America Merrill Lynch and its associates does not provide tax, accounting or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state or local tax penalties. Please consult your own independent advisor as to any tax, accounting or legal statements made herein.