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  • 10/27/14 9:00 am EDT

    Lingering Student Debt Hinders Millennials’ Retirement Savings

    Feelings of guilt over not investing enough this year outpace common year-end regrets such as poor eating and drinking choices, not sharing enough time with loved ones or spending too much money on oneself. These are among the insights revealed by Bank of America’s latest Merrill Edge® Report released today. Fewer than one in four (23 percent) feel “proud” of how they handled their money this year, and only half (50 percent) ofmore...
  • 10/23/14 3:13 pm EDT
    Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable December 26 to shareholders of record as of December 5. The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable January 23, 2015 to shareholders of record asmore...
  • 10/23/14 10:00 am EDT

    Mobile Access, 401(k) Auto Features and Personalized Advice Make Financial Benefit Plans More Valuable and Easy to Use, Help Drive Positive Behaviors

    Saving for retirement and health care expenses was a priority for employees of all ages during the first half of 2014, according to the latest Bank of America Merrill Lynch 401(k) Wellness Scorecard. This semiannual report reveals trends in the behaviors of financial benefit plan participants, along with employers’ adoption of 401(k) design features in plans serviced by Bank of America Merrill Lynch.1 Key insights from the new report includemore...
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