1845 employees reported this benefit
IBM offers a 401(k) Plus Plan.
This information about the 401K Plan benefit at IBM is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of IBM. The description here may not reflect the current IBM 401K Plan benefit.
6% company match. However, it only gets distributed at the end of the year.
At year end in dec ,company matches up to 6% of your salary which is high as compare to industry standard of 3%
There is a 401 K plan but employer match is added at the end of the year..really bad way of employer match.
starts after 1 year of service. they match up to 5%. plus an additional 1% contribution.
IBM matches annually which is nice to have.
Good plan. For me I can easily hit the Federal maximums Supports catch-up payments Matches up to 6 % Broad selection of investments.
Maximum you can contribute is 10% and IBM matches 6 percent after you complete your one year employment. The second year contributions are credited only at the end of year and from 3rd year the contribution are through every paycheck.
Its a solid package managed by Fidelity
Great retirement plan and they match a percentage.
Well managed and matched - as long as you work through December 31st of a benefit year.