The ABC’s of DROP: A Comprehensive Chart
A thorough and easy-to-use chart displaying the four different DROP options side-by-side with examples, descriptions and pros vs cons.
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To DROP or Not to DROP…That is the Question
Florida employees face an important financial decision before officially retiring: select DROP or Second Election? Read more for related pros and cons and sample scenarios.
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Understanding The Second Election Option for the Florida Retirement System
So you’re in the investment plan, and you have elected second election for your retirement plan with the State of Florida. The question is, when can you get your money? If you have more than 30 years, you are able to get 10% of your money from the investment plan no fewer than one full […]
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What happens to my retirement money if I die while working?
So you’re in the FRS and you’re a participant, but the question is do you know what happens to your money is you die prematurely, in other words while you’re still working? The default option in the state of Florida is option three, which means that there is a benefit that would be paid to […]
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