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 new set of responsibilities. As you shift from earning a salary and accumulating benefits to managing distributions and coordinating income sources, understanding the financial decisions after exiting DROP becomes essential. From choosing how […]
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 financial implications. While many DROP participants remain in the program for the full term, others consider exiting DROP early—before their scheduled end date. This option may align with personal goals or shifting circumstances, but it’s important to weigh the […]