Managing benefits through a merger or acquisition

The impact of a merger or acquisition on retirement and benefit plans can be substantial. Navigating the transition successfully requires careful planning and strategy—with a need to evaluate and understand all the implications of the deal in terms of benefits strategy, plan design, cost and compliance.

Given the complexities that could arise, we have outlined a process that can help effectively manage the transition and have summarized key factors and proactive actions to consider. From benefits discovery, to compliance, to transition planning and execution, this guide can be a helpful resource, complemented by support of your Bank of America team who, through a disciplined and controlled process, can help ensure a successful conversion of plan assets.