News Releases

April 10, 2008


Billions at stake as coalition of educators and administrators shakes up the 403(b) retirement marketplace
-- Other states eye Model Plan as deadline for compliance with new IRS regulations nears --


TALLAHASSEE, Fla. - Billions of dollars may be at stake for the 90 or more investment companies that currently offer tax-sheltered 403(b) accounts to Florida educators, as a first-of-its-kind "preferred provider" program nears adoption in Florida's 67 school districts.


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February 25, 2008


Poll: Florida educators worry they haven't saved enough to retire
-- But new retirement plan could add 30 percent to Florida's 350,000 educators' retirement investment accounts --


TALLAHASSEE - Florida's four leading education associations today announced a historic, new "Model Plan" for individual retirement accounts that could help educators close the gap in saving enough money to retire. That perceived gap was documented in a new poll showing that nine of 10 educators polled say they are concerned about meeting their financial needs after retirement.


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February 25, 2008


Coalition of Florida Education Groups Unveils 'Model' Retirement Savings Plan for Educators
First-of-its-kind plan may save educators billions over next 20 years


Tallahassee, Fla. - A coalition of Florida's leading education associations today announced adoption of a 403b "Model Plan" for tax-sheltered accounts that, if adopted by the state's 67 school districts, could put billions of dollars into the tax-deferred investment accounts of educators over the next 20 years.


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