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12/12/2006: Overview of IBM's 401(k) Plan -- Big Blue's Blue Chip Lineup (Jim Lowell's Fidelity Investor newsletter via
Excerpt: In the early part of this year, IBM ... said it would transform its pension, defined benefit, to a defined contribution, 401(k) plan. This means that employees would now have to be responsible for securing their own financial future: daunting at first, but significantly more rewarding in the end. To that end, we were asked by several IBMers, who were also Fidelity Investor members, to review IBM's 401(k) plan.
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