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.
Episodes
52 episodes
FRS Podcast Episode 1: FRS Investment Plan vs. FRS Pension Plan
In this episode Don Anders gets into whether you should pick the FRS Investment Plan or the FRS Pension plan. You make this decision when you first start working, but you can also change it using your one-time second election.For more i...
FRS Podcast Episode 2: 403(b) / TSA and 457 / Deferred Comp Plans
In addition to the Florida Pension options, you'll also have the option to contribute to an optional employer plan. We discuss the difference between 403(b), 457, and Roth. We also discuss some tricks you can use to help you save more and to pi...
FRS Podcast Episode 3: Unused PTO (Vacation and Sick Leave)
Don talks about whether you should use all of your PTO, cash it out, or roll it into your deferred comp 457, TSA 403(b), BENCOR account, or other plan that is available to you at retirement. For more information, to register for one of ...
FRS Podcast Episode 4: DROP
In this episode, Don discusses one of the best features of the Florida Retirement System, the Deferred Retirement Option Program. FRS DROP is a great feature for Florida public employees where they let you pay your pension into a s...
FRS Podcast Episode 5: Pension Option 1
Don and Alex are discussing the 4 Pension Options you can choose from when you retire from the Florida Retirement System. FRS Pension Option 1 is a lifetime payment option for your life only.
FRS Podcast Episode 6: Pension Option 2
Don Anders and Alex Dingman continue with your Pension Options in the Florida Retirement System, focusing today on Option 2.
FRS Podcast Episode 7: Pension Option 3
Don and Alex are discussing the 4 Pension Options you can choose from when you retire from the Florida Retirement System. FRS Pension Option 3 is a lifetime payment option for both the retiree and their spouse. This option is for spousal benefi...
FRS Podcast Episode 8: Pension Option 4
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 pens...
FRS Podcast Episode 9: Investment Plan
In this episode, Don and Alex discuss the FRS Investment Plan. It's a defined contribution plan, in which employer and employee contributions are defined by law, but your ultimate benefit depends in part on the performance of your investment fu...
FRS Podcast Episode 10: DROP Payout Option 1
Don and Alex get into the first DROP payout option, which is a lump-sum cash-out option. As most people know, the FRS DROP account is pre-tax money, meaning that distributions to the participant is a taxable event. The FRS will send 80% of your...
FRS Podcast Episode 11: DROP Payout Option 2
Don and Alex discuss the 2nd of the 3 FRS DROP rollover options is the 100% Rollover option. Our office likes to call it the “Stop, DROP, and Roll” option.
FRS Podcast Episode 12: DROP Payout Option 3
Don and Alex discuss the final of the 3 FRS DROP rollover options, which is what we refer to as the "Alaskan Cruise" Option. The name is in reference to how you can take out a specific amount for your personal use and rolling over the rest for ...
FRS Podcast Episode 13: Health Insurance Subsidy
Don and Alex Dingman discuss how if you get a Health Insurance Subsidy under the Florida Retirement System, you get $5 per year of service and how you can set that up to your benefit.
FRS Podcast Episode 14: Investing After Retirement
Finishing off this podcast series, Don emphasizes the possibilities and choices you still have with your financial plans in and throughout retirement.
Florida Senate Bill 84 (May 2021 Update)
Don Anders discusses the recent Florida Senate Bill 84 that was passed on the Senate but then died on the House floor. To attend one of our upcoming Social Security webinars c...
FRS DROP Exit Guide | Free Course
If you're in the Florida Retirement System DROP Program, we've created a course just for you. This course will walk you through entering DROP and exiting DROP Step by Step. While this course doesn't give you investment advice, it does g...
FRS Podcast Jan 2022 Update: FRS Resources
Here is our 2022 DROP Rollover webinar:https://event.webinarjam.com/register/623/k375of22wHere is our DROP Exit Course for extensive information in short videos:https://andersretirement.thinkific.com/courses/florida-retirement-s...
2023 FRS DROP Webinar Invite
If you're in the Florida Retirement System DROP Program, we'd like to invite you to our 2023 FRS DROP Webinar. At this live webinar, our CEO Don Anders will discuss what you need to know about exiting DROP in 2023. We will discuss ...
Top 3 Fixed and Safe Investment Options for 2023 | Retirement & FRS DROP Rollover Options
Don Anders discusses some of his favorite fixed account options for 2023. As the stock market gets more volatile, many people are looking for lower-risk investments for their retirement money or FRS DROP Rollovers. Don Discusses th...
How to Plan Your Retirement from the FRS DROP Program
Don Anders discusses how to create your retirement plan before you exit the FRS DROP Program. If you're worried about income, risk, DROP Rollover, or anything else, this video will walk you through how our advisors at Anders Retirement & In...
Understanding Medicare for Florida Retirement System Retirees
If you'd like to book a complimentary Medicare Consultation Click Here: https://calendly.com/ariamedicare/medicareconsultationDon Anders sits down with Todd Labellman to discuss Medicare and how it applies to FRS retirees. In this video...
"Ten Year Certain" for Florida Retirement System Pension | FRS Pension Option 2 Explained
In part 2 of this video series, Don discusses the 2nd Florida Retirement System pension option: Ten Year Certain-------------------Visit our website and social media:https://frsdrop.com/https://andersretirement.com/https...
Spousal Pension Option for Florida Retirement System Pension | FRS Pension Option 3 Explained
In part 3 of this video series, Don discusses the 3rd Florida Retirement System pension option: "Pension Forever for Me & My Spouse"-------------------Visit our website and social media:https://frsdrop.com/https://anders...
Spousal Life Expectancy for Florida Retirement System Pension | FRS Pension Option 4 Explained
In part 4 of this video series, Don discusses the 4th Florida Retirement System pension option: Spousal Life Expectancy.-------------------Visit our website and social media:https://frsdrop.com/https://andersretirement.com/<...