IBC Leaders


"The new IRS regulations completely change the rules of engagement in the 403b arena." - Bill Montford, CEO of the Florida Association of District School Superintendents (FADSS)


"Educators, and the school districts themselves, are oftentimes overwhelmed by the number of investment plans they have available to them and may not necessarily have the time or resources to discern which offer the best value. The new IRS regulations presented a golden opportunity for school districts to approach investment plans with a simpler, more cost-effective process that offers the highest quality investment plans." - IBC Chair Wayne Blanton, executive director of the Florida School Boards Association (FSBA)


"The Model Plan not only levels the playing field for all teachers and education professional staff, but promises them value and security. The smaller school districts stand to benefit the most from this new approach, but, truly, everyone benefits." - Jim Warford, executive director, Florida Association of School Administrators (FASA)


"The Model Plan is the Gold Standard by which all 403b plans should be judged. It just goes to show that management and labor can sit at the same table and work together to make a huge difference in the lives of our unsung heroes, teachers and school support professionals." - Clara Cook, secretary & treasurer, Florida Education Association (FEA)


"This is the first time in the nation that a plan as comprehensive and resourceful will be offered to educators, and Florida is the bellwether state. More of educators dollars--perhaps billions more in Florida, alone--will be available to them when they retire." - IBC spokesperson Tom Herndon, former executive director of the Florida State Board of Administration.