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Bencor DROP Support Blog

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Learn strategies for building a meaningful retirement lifestyle and creating fulfilling routines that enrich your life after retirement.
Redefining Retirement: Building a Meaningful and Active Lifestyle Beyond Work

Redefining Retirement: Building a Meaningful and Active Lifestyle Beyond Work

Retirement may mark the end of your full-time career, but for many Florida Retirement System (FRS) participants, it also opens the door

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Discover key strategies for retirement planning after DROP to support retirement income, investments, and estate and legacy planning goals.
DROP and Beyond: retirement planning for a Secure Retirement

DROP and Beyond: retirement planning for a Secure Retirement

Participating in the Deferred Retirement Option Program (DROP) is an important step for Florida Retirement System (FRS) members, offering a structured transition

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Learn how to make informed financial decisions after exiting DROP to align your payout, pension, and savings with your long-term retirement goals.
What to Do When Exiting DROP: Key Financial Decisions

What to Do When Exiting DROP: Key Financial Decisions

Exiting the Deferred Retirement Option Program (DROP) is a major milestone for Florida Retirement System (FRS) members—and it brings with it a

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Exiting DROP early may be right for some FRS members—be sure to evaluate the pros and cons with BENCOR DROP Support before making a decision.
Exiting DROP Early: Is It Right for You?

Exiting DROP Early: Is It Right for You?

For members of the Florida Retirement System (FRS) participating in the Deferred Retirement Option Program (DROP), the decision of when to exit the program carries lasting

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Learn about the potential advantages of transferring your DROP plan, including rollover flexibility, tax considerations, and personalized planning options.
The Advantages of Transferring Your DROP Plan to BENCOR

The Advantages of Transferring Your DROP Plan to BENCOR

As your DROP participation period comes to an end, one of the most important financial decisions you’ll face is what to do

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What to Do When Exiting DROP: Key Financial Decisions

What to Do When Exiting DROP: Key Financial Decisions

Exiting the Deferred Retirement Option Program (DROP) is a major milestone for Florida Retirement System (FRS) participants. After years of working and

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Protecting Your Financial Information: Cybersecurity Tips for Retirees

Protecting Your Financial Information: Cybersecurity Tips for Retirees

Retirement brings new opportunities — more time for travel, hobbies, and connecting with loved ones. However, with that extra time online comes

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Exploring New Horizons: Travel, Learning, and Growth in Your Retirement Years

Exploring New Horizons: Travel, Learning, and Growth in Your Retirement Years

Retirement provides the opportunity to shape your lifestyle according to your interests, dreams, and goals. For Florida Retirement System (FRS) participants, particularly

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Staying Connected: How to Cultivate Relationships and Hobbies in Retirement

Staying Connected: How to Cultivate Relationships and Hobbies in Retirement

Retirement offers the gift of time — time to explore interests, deepen relationships, and connect with new people. For Florida Retirement System

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Simplifying DROP Enrollment: What to Know Before You Sign Up

Simplifying DROP Enrollment: What to Know Before You Sign Up

For Florida Retirement System (FRS) participants, the Deferred Retirement Option Program (DROP) offers a valuable opportunity to begin accumulating retirement benefits while

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Redefining Retirement: Building a Meaningful and Active Lifestyle Beyond Work

Redefining Retirement: Building a Meaningful and Active Lifestyle Beyond Work

Retirement marks the end of your formal career, but it also signals the start of an exciting new chapter — one where

Read More »
Key Financial Decisions to Consider Before Exiting DROP

Key Financial Decisions to Consider Before Exiting DROP

Exiting the Deferred Retirement Option Program (DROP) is a major milestone for Florida Retirement System (FRS) participants, but it also brings important

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The Importance of Designating Beneficiaries

When life gets hectic and your to-do list seems endless, it can be easy to let financial planning details slip through the cracks. However, updates to your designated beneficiaries on 401(k) plans, IRA accounts, and other retirement assets is vitally important.

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What to Consider in Your Charitable Giving Plan

Congratulations! You’ve decided to give to a charitable organization. Charitable giving is a wonderful way to help further causes you are passionate about and feel good while doing it.

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Managing Inflation

Managing Inflation in Retirement

You may have noticed that the things you buy regularly have become more costly, and you may be pondering if inflation will stay high. For individuals close to retirement or already retired, it is essential to take measures to protect themselves from the eroding effects of inflation.

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BencorDROP Support - Making the Transition to Retired Lif

Making the Transition to Retired Life

After all your years of hard work and disciplined saving, you’ve made it to retirement – congratulations! Now, the challenge becomes tackling common retirement transition concerns so that you can live out the ideal retirement you’ve dreamed of.

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The Fundamentals of Estate Planning

Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.

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Addressing Market Volatility in Today's World

Planning for retirement is never a “set it and forget it” task. There are unexpected disasters, market drops, and changing laws that could cause retirees to reevaluate their financial situation. Ultimately, there’s no way to predict everything that will cause market downturns. However, you can prepare yourself for one by having a solid financial strategy in place.

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A Teacher's Lesson Plan to Retirement

A Teacher's Lesson Plan for Retirement

Teacher’s Retirement Prep: BENCOR guides you through FRS, DROP, Social Security strategies, and more. Let’s plan your retirement lessons!

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WELCOME TO OUR NEW SITE

Let's Navigate Your DROP Retirement Together!

We're thrilled to provide Florida educators with an enhanced online experience for all your retirement needs. Explore our updated resources, connect with our experts, and make the most of your retirement journey.

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