8 great companies to retire from

At a time when some firms have cut back on benefits, these employers offer notably generous plans. Fortune picks some of the best.

1 of 8

1. IBM

IBM sets what some regard as a gold-standard in 401(k) plans.

Automatic company contributions run up to 4% of pay, while the firm matches employee savings up to 6% of pay.

Milton Moskowitz of management consultancy Great Place to Work Institute calls it "spectacular." What impresses Moskowitz most is the free, one-on-one financial advice IBM offers employees.

Does it work? Since the start of 2008, with the markets crumbling and the average savings plan at Fidelity down 27%, IBM's 401(k)s have fallen just 12%.

By Maha Atal, reporter

NEXT: Procter & Gamble

Last updated October 10 2009: 7:47 PM ET

Email | Print | Share | RSS

TWITTER
DIGG
FACEBOOK
DEL.ICIO.US
REDDIT
STUMBLE UPON
MYSPACE
MIXX IT

Paste this link into your favorite RSS desktop reader

See all CNNMoney.com RSS FEEDS (close)

More on Retirement

• Retire without taxes

• Will you be ready for retirement?

• A 24-year-old savings junkie

• Health insurance: My biggest gripe

More Galleries

Akio Toyoda's Toyota timeline

His first years as Toyota's president have been marked by disasters and a surprising rebound. More

Toyota's big product offensive

The automaker is launching a major rollout, including 19 new or redesigned models in 2012. Here are 5 key models. More

11 streaming services that want to take Netflix's crown

The leading streaming web offering is facing increasing competition. Here are the companies vying to take it on. More

About CNNMoney
Content
Magazines
Site Tools
Stay Connected
- My Account
- Mobile Site & Apps
- Facebook
- Twitter
- LinkedIn
- YouTube
- RSS Feeds
- Newsletters
- Tumblr

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones Indexes^SM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones Indexes^SM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.