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On Jan. 1, IBM put the brakes on its dollar-for-dollar 5% employee match in its 401(k) plan and began providing most of its US workers a portable "retirement benefit account."
iTHINK Financial (formerly known as IBMSECU) was formed in 1969 to serve the employees of IBM. iTHINK Financial is a state chartered, federally insured credit union with more than $1.5 billion in assets and more than 95,000 Members. iTHINK Financial has 22 branches located throughout Florida and Georgia and approximately 380 employees.
Southwest’s plan comes on the heels of a move by IBM to an automatic 5% contribution to a Retirement Benefit Account, a type of cash balance plan, at the beginning of 2024.
[12] [13] In September 2013, IBM signed a contract to use the Extend Health platform for insurance services for it U.S retirees. [ 14 ] In November 2013, the company sold its reinsurance brokerage business to Jardine Lloyd Thompson for $250 million.
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IBM's "New Deal": Employment Policies of the International Business Machines Corporation, 1933–1956 (2005). The Journal of the Historical Society 5 (1), 47–77 - discussing IBM's employee benefits, and the role of Endicott-Johnson in influencing them.
Learn how to get help with signing into your AOL account from an AOL specialist over the phone. MyBenefits · Nov 2, 2023. Change your AOL account to a free plan.
IBM SoftLayer is a dedicated server, managed hosting and cloud computing provider, which in 2011 reported hosting more than 81,000 servers for more than 26,000 customers. [149] IBM also provides Cloud Data Encryption Services (ICDES), using cryptographic splitting to secure customer data. [150]