Work/Life Balance

Bank of America´s comprehensive Life Management programs are designed to assist associates with many of life's challenges and opportunities:

Adoption Reimbursement

Reimburses up to $8,000 per adopted child upon legal adoption for eligible associates.

Child Care Plus®

Eligible associates can enroll in Child Care Plus, which helps pay for child care expenses incurred while working. Eligible associates can receive up to $240 per month, per child under 5 years of age or up to $205 per month, per child age 5 to under age 13 (under 21, if incapable of self-care). Care can be provided through a licensed facility (like a child care center) or an informal type of care (like a babysitter).

Tuition Reimbursement

The bank reimburses eligible associates up to $5,250 for job-related courses or to fulfill a job-related degree program.

LifeCare®

A free, confidential resource and referral program offering practical advice and support to help associates and their families manage work and personal responsibilities. Includes financial and parenting advice and help finding child- and elder-care resources.

Employee Assistance Program (EAP)

A voluntary, confidential service to help associates and their family deal with family problems, job-related issues, stress and other situations.

Flexible Work Arrangements

Bank of America offers multiple ways for associates and managers to define when and where associates work, including flex-time, telecommuting, compressed work schedules and job sharing. With the My Work® program, associates have the opportunity to work from a variety of corporate bank locations or from home instead of a traditional, dedicated cube or office.

Auto and Home Insurance

Provides associates with special group rates on a variety of insurance policies, including those for homes, condominiums, autos, recreational vehicles and rental homes.

Commuter Benefit Program

Enables associates to pay for eligible work-related commuting expenses, like mass transit or parking, with before tax dollars (up to the IRS limit). Parking expenses eligible in all areas except the state of Washington.

Time Away

Offers associates a range of paid and unpaid leave options for taking the time they need away from work for vacation, health and family issues, and a range of other personal needs.

Not all associates are eligible to participate in all benefit programs. The terms and conditions of the benefits described above may be governed by written benefit plans and/or other documents. The above stated description of benefits is intended as a summary and for informational purposes only; this document does not create a contract between the company and any associate or potential associate. All programs and benefits are subject to change at any time.

Benefits and Other Programs

Health & Insurance Benefits

Retirement Benefits

Other Programs: Your Finances, Community Commitments, and Education