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IBM Reins In Its 401(k) Plan
The Wall Street Journal; subscription may be required Link to more items from this source
Dec. 9, 2012
"Starting next year, IBM's contributions, which generally range from 6% to 10% of pay, will take place Dec. 31. Workers who leave the company before Dec. 15 won't qualify for the match, unless they retire. IBM's switch is the latest in a series of moves big companies have been making to rein in retirement-plan expenses in recent years -- and the financial implications for employees could be significant."

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