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IBM staff get finance lessons

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2 minute read

IBM has said it will begin a multi-million dollar personal finance and education benefit program for all its United States employees.

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.

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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.