Why the Model Plan?
Only 30% of Florida’s public school employees participate in a supplemental savings plan, despite the gap left by Social Security and the Florida Retirement System. We need to make it easier for employees to save for their retirement.
That's why Florida's leading education organizations came together to establish the Model Plan for 403(b) participants. This set of preferred products from reputable companies was vetted to ensure fairness and transparency in fees and costs, as well as high-quality performance and services.
When public school employees choose a smarter way to save for retirement, they have someone watching their back.