IBM has said it will begin a multi-million dollar personal finance and education benefit program for all its United States employees.
IBM is teaming with Fidelity Investments and Goldman Sachs-owned financial adviser The Ayco Company to help develop and deliver the services.
IBM said the step set a new benchmark for corporate retirement planning in the US as the company transitioned from traditional retirement benefits to IBM’s new 401(k) Plus Plan in 2008.
The new program is called IBM MoneySmart and is designed to help IBM employees ‘get smart’ about personal finance.
It combines in-person educational seminars, online tools and confidential, one-on-one personal planning sessions with independent financial experts.
