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Florida teachers can invest in 403(b) plan

Teacher helping students
Posted 9:50 AM, Aug 02, 2024
and last updated 11:02 AM, Aug 02, 2024
  • The Florida Retirement System is designed to replace a maximum of 48% of a teacher's income after 30 years of service, according to AARP.
  • In Florida, teachers can set up a 403(b) plan.
  • "We rate the individual vendors using a traffic light system. Green means go when you get to an intersection, yellow means caution. Red? hopefully everyone out there stops if you're driving. Same thing with these vendors," said Dan Otter with 403bwise.org