What is DROP Pension or Deferred Retirement Option Program?

Описание: You may have heard of this type of retirement account for people with pensions called the Deferred Retirement Option Program or DROP Pension.

This has been an option in the Florida Retirement System Pension Program for years, and has quickly become a very popular pension option.

Don Discusses what the DROP Pension Plan is and how that retirement plan is funded.

If you're part of the Florida Retirement System or if you have pension questions -- We recommend checking out:    / @andersretirement  

0:00 Introduction
0:27 Explaining DROP
0:55 Problem People Have With DROP
1:10 You Are Paying Yourself With DROP
1:27 Average Florida DROP Amount
1:48 Final Recommendation & Summary