Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursement, Tuition Reimbursement and Student Loans, Well-Being Programs, etc…

Bank of America YBR Benefits Center Phone Number:

800-556-6044

Global HR Service Center

Representatives are available Monday until Friday, 8 a.m. to 8 p.m. Eastern Time, except during certain holidays.

If you’re outside the United States, Puerto Rico, or Canada:

646-254-3270

Representatives are available Monday until Friday, 8 a.m. to 8 p.m. Eastern Time, except during certain holidays.

Company Summary:

The Bank of America is an American multinational investment bank and financial services holding company with headquarters located in Charlotte, North Carolina. It is considered to be the second largest banking institution in the US, next to JPMorgan Chase, and ranks 8th largest bank in the world. Bank of America brings service to almost 11% of all American bank deposits. Their main financial services function around commercial banking, wealth management, as well as investment banking.

The Bank of America’s history may be traced back to 240 years ago. From that time on, the bank has come together from different sources to be what they are now, which is a company that is unified with a purpose to assist in making financial lives better via the power of every connection.

Bank of America understands that their most important asset is their people. They are dedicated to keeping up with the financial, emotional, and physical wellbeing of their employees and their families. They do this by offering flexible and competitive benefits to make their people be their best at work and at home.

Quick Summary of Benefits:

As of 2019, they have a record of about 208,000 employees in their organization.  Their employees may join in a wide selection of benefit programs as soon as they become eligible.  They may be eligible to the following benefits once they are qualified:

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Flexible Spending Account (FSA)
  • Health Savings Account (HSA)
  • Occupational Accident Insurance
  • Mental Health Care
  • Health Care On-Site
  • Retiree Health and Medical
  • Accidental Death and Dismemberment Insurance

Some of their benefits also include the following:

  • 401K Plan
  • Retirement Plan
  • Pension Plan
  • Retirement Plan
  • Maternity and Paternity Leave
  • Fertility Assistance
  • Vacation and Paid Time Off
  • Dependent Care
  • Sick Days
  • Work from Home
  • Employee Discount
  • Family Medical Leave
  • Childcare
  • And many more!

Please note that the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details. You may also visit the link(s) provided below for more information and verification.”

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.

Information on your health and welfare, 401(k), pension and FSA benefits. For example:

Health and welfare

  • View your current health and welfare benefits coverage
  • Make enrollment decisions

401(k)

  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes

Pension

  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)

FSA

  • Manage your FSA(s)

General Tasks:

  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change your dependent or beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits

B.A.M. Recommendation:

 

“Please visit the official company website directly to verify all benefit options and details.”

This image has an empty alt attribute; its file name is icongearmanager-1-e1572620555362.pngManage Your Benefits Resources | YBR | Bank of America Staff Member / Employee Account

Current Employees – Login / Sign in:

  1. Visit this link in your preferred internet browser on your device.
  2. Type in your User ID in the space provided.
  3. Type in your current Password in the space provided.
  4. Select the blue “Log on” button to proceed.
  5. You may now be able to manage your account online.

New Employees – Register / Enroll:

  1. Visit this link in your preferred internet browser on your device.
  2. Select the “Are you a new user” link that may be found beside the “Forgot User ID or Password” link.
  3. Type in the last four (4) digits of your SSN in the space provided.
  4. Enter your Date of Birth in the spaces provided.
  5. Select the “Continue” button to proceed.
  6. Continue to move forward and provide every important information that is asked of you to create a new account online.
  7. You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

If you need help, Customer Service Representatives can answer your questions or help you enroll at the phone number provided at the start of this article.

Other Helpful links:

  1. https://digital.alight.com/bac
  2. https://leplb0460.upoint.alight.com/web/bac
  3. www.ybr.com/bac
  4. https://www.ybr.com/bac

Helpful PDF links:

Awards for Bank of America:

  • Working Mother Magazine listed Bank of America as one of the Best Companies for Multicultural Women in 2020.
  • Bank of America was named as one of the 100 Best Companies to Work For by Fortune and Great Place to Work Institute.
  • They were included as the sole financial services company on the inaugural of 2019 Best Big Companies to Work For list, also by Fortune.