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Formula 401(k) for Education Costs?
CFO
Nov. 5, 2007 Excerpt: [F]or the first time, a corporation is planning to provide a 401(k)-type program whereby employees could contribute to an interest-bearing education account. The account, which would be supplemented by company-paid matches, would be used for any professional skill development not related to the employees' existing job. And it's not just any corporation, but the one whose human-capital strategies arguably draw more attention than any other: IBM. MORE >> |
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