IBM ended employer contributions to its 401(k) plan, effective January 1, 2024

“As previously disclosed, beginning January 1, 2024, IBM began providing a new cash balance retirement benefit to eligible employees under the company's existing U.S. Defined Benefit Qualified Personal Pension Plan (Qualified PPP) called the Retirement Benefit Account (RBA). IBM's contributions to the Plan ended and employees can continue to make contributions to the Plan.”

Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.

401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.

• IBM 401(k) match, vesting and plan facts

  The full record for this employer, including the formula in force now.

• Read the Form 11-K on SEC EDGAR ↗

  The filing that discloses this change, accession 0000051143-26-000064.

• All 401(k) match changes we have found

  The tracker this record belongs to, newest change first.

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