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Small Business: Retirement Planning
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Business Retirement Services. After creating a successful business, you deserve the comfort of knowing that your financial future is secure. You also deserve to enjoy the financial benefits of putting a retirement plan into action today. Bank of America can offer the business retirement plan you need to help ensure a secure future for you and your employees.

Compare retirement plans

Simplified Employee Pension (SEP) Plan

Provides an ideal retirement plan solution for a self-employed individual or entrepreneur with few employees and unpredictable cash flow.

Savings Incentive Match Plan for Employees (SIMPLE) IRA

Suitable for an employer with 100 or fewer employees who wants ease of administration while allowing employees to contribute.

Profit Sharing Plan

Accommodates an employer with unpredictable cash flow who wants flexibility in both contribution amounts and plan design.

401(k) Plan

Designed for a larger employer who wants to allow employee contributions and also wants flexibility in plan design. An Individual 401(k) Plan may also be an ideal solution for a business owner with no employees who wants maximum funding flexibility and access to tax-free loans.

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  • To open an account or to get more information about retirement plans, please contact our Investment Services Group Retirement Desk at 1.800.774.4724. The group's hours of operation are Monday-Friday 8:00 am - 12:00 am and Saturday 8:00 am - 6:30 pm.

 
Banc of America Online Investing, Powered by Merrill Lynch is the brand name for an online investing business offered through Merrill Lynch, Pierce, Fenner & Smith Incorporated. Merrill Lynch Wealth Management is the marketing name for the brokerage services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Investment products are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated and:
Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed
Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, member NASD and SIPC, and a wholly-owned subsidiary of Bank of America Corporation.
 

Merrill Lynch, Pierce, Fenner & Smith Incorporated is not a tax adviser. We suggest you consult your personal tax adviser before making tax-related investment decisions.