FRS Investment Plan vs Pension Plan

Описание: Not sure whether the FRS Pension Plan or Investment Plan is the better fit for you? In this short video, April Schoen compares the two main FRS retirement options so you can better understand the tradeoffs before making your decision. She explains how each plan works, the difference between guaranteed income and investment control, and why vesting schedules can play a major role depending on how long you expect to stay with the state.

In this video, you’ll learn:

The key difference between the FRS Pension Plan and the FRS Investment Plan

How the Pension Plan provides guaranteed lifetime income in retirement

How the Investment Plan offers more control over investments

Why the Investment Plan may offer more growth potential but also more risk

How safety, stability, and flexibility differ between the two plans

Why vesting matters when comparing your options

How long you typically need to work for the state to be vested in the Pension Plan

How quickly you become vested in the Investment Plan

Why your career timeline with the state can impact which plan may fit you best

■ Download the Florida Retirement System (FRS) Retirement Checklist:
https://info-curryschoenfinancial.com...

I specialize in retirement planning for Florida state employees and help clients make informed decisions before and during retirement.

This content is for educational purposes only and does not constitute personalized financial advice. Please consult a qualified professional regarding your individual situation.



This promotional information is not approved or endorsed by the Florida Retirement System or the Division of Retirement. Neither Guardian nor its affiliates are associated with the Florida Retirement System or the Division of Retirement. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Tax laws are always subject to change. 7025964.1 Exp. 9/26