Taking the Mystery out of the State of Florida Retirement System (FRS)
FRS Overview, Eligibility, Pension Annuity Calculations, Complete Retirement Analysis
• Understanding The FRS Pension Annuity & Investment Plan – Payout Options Available and things to consider
• Maximizing Your Pension Payout – How to go about it & how to make it more tax- efficient and effective
• Pension Buyout – Why even consider it, What is it, How to go about it
• DROP – Why doing nothing about it is not an option. What is it, How it works,The Purpose of DROP, Payout Options, Right & wrong way to access it, Taxes on DROP funds
• Things You Must Know About Qualified Retirement Accounts (403b, 457, 401(k), IRA, Roth, etc.)
• Turning Assets Into Safe, Predictable, Stable Income –For Life After all, even in retirement monthly bills require monthly income, right?
• IRA QLAC – What is it, How is it funded, Benefits
• HIS (Health Insurance Subsidy) – Who qualifies, What is the maximum benefit, For how long?
• Social Security – How work prior to “full retirement age” affects your benefit payout, How Social Security fits into the retirement puzzle, How it is taxed, Very important considerations to keep in mind when filing
• Taxes & Tax Diversification – at Retirement
• Government Sector Benefits Vs. Private Sector Alternatives
• Transitioning Into Retirement – How much Income do I need? Am I on Target?