Florida Retirement System Podcast
The Florida Retirement System Podcast is designed to explain the options and choices that Florida public employees have from when they start working all the way through retirement. Your host Don Anders is the CEO and co-founder of Anders Retirement & Investment Advisors and has helped over 2,000 FRS employees navigate their options and retire on their terms.
We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Securities and advisory services offered through Madison Avenue Securities, LLC. Member FINRA/SIPC and a Registered Investment Adviser. Anders Retirement & Investment Advisors and Madison Avenue Securities, LLC are not affiliated companies.
Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. Anders Retirement & Investment Advisors is not affiliated with, or endorsed by, the Florida Retirement System or any other governmental entity.
Florida Retirement System Podcast
FRS Podcast Episode 8: Pension Option 4
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Don and Alex are discussing the 4 Pension Options you can choose from when you retire from the Florida Retirement System. Option 4 is a lifetime option for both participant and spouse, but if either the participant OR their spouse dies the pension is reduced by 1/3 for the rest of the surviving spouse’s life. Like option 3, this option payout is based on the participant’s spouse’s life expectancy.