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Why IBM’s new retirement plan has the industry buzzing

International Business Machines, better known as IBM (IBM), has set the retirement industry abuzz. Rather than doing a 401(k) match, the tech giant will contribute to a “retirement benefit account,” a type of benefit that is more similar to a pension. Yahoo Finance Senior Columnist Kerry Hannon explains the plan and why it’s shaking the retirement industry up.

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Editor’s note: This article was written by Stephanie Mikulich.

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