Lafayette County


The Lafayette County School District has adopted the Model Plan for its employees. These 5 Companies have been determined by the Independent Benefits Council to be the "Best of the Best" 403b and 457 plans offered in Florida's public schools.


The Model Plan Companies are:

  • VALIC

  • PlanMember Financial

  • American Century

  • AXA/Equitable

  • TIAA-CREF*

*Approval of TIAA-CREF is pending upon completion of paperwork



What makes the Model Plan Companies better? Each Model Plan Company has signed a written Letter of Commitment guaranteeing:


Better Prices

  • Lowest prices ever offered by company in Florida K-12 system

  • Prices will not increase for at least 3 years

  • Fees will be reduced even lower as assets grow statewide



Better Products

  • Only the "approved" plan will be sold - no "bait & switch"

  • Model Plan offered to every Florida school district, regardless of size

  • Existing contracts will be upgraded to the new, better plan



Reduce District's Expenses

  • $1 per month for each participant to offset district's increased administrative costs



Click here for other district approved providers.