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FRS INVESTMENT PLAN DROP DIRECT ROLLOVER FORM FOR FORMER DROP MEMBERS×088003* IMPORTANT INFORMATION Complete this FRS Investment Plan DROP Direct Rollover Form for Former DROP Members if you have
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01
Open the FRS Investment Plan drop form.
02
Provide your personal information, such as name, address, and contact details.
03
Enter your investment goals and objectives.
04
Specify the amount you wish to invest in the FRS Investment Plan drop.
05
Select the investment options that align with your risk tolerance and investment preferences.
06
Review the completed form for accuracy and completeness.
07
Sign and date the form.
08
Submit the filled-out FRS Investment Plan drop form to the relevant authority.

Who needs frs investment plan drop?

01
Anyone who wants to invest in the FRS Investment Plan drop can benefit from this form. It is specifically designed for individuals who are members of the Florida Retirement System (FRS) and want to invest in the FRS Investment Plan drop option to grow their retirement savings.
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The FRS Investment Plan DROP refers to a designated period where participants in the Florida Retirement System's Investment Plan can 'drop' from active participation and begin to receive retirement benefits while also accumulating additional benefits.
Participants in the Florida Retirement System Investment Plan who wish to enter the Deferred Retirement Option Program (DROP) are required to file the FRS Investment Plan DROP.
To fill out the FRS Investment Plan DROP, participants must complete the required application forms provided by the Florida Retirement System and submit them according to the guidelines outlined by the FRS.
The purpose of the FRS Investment Plan DROP is to allow eligible members to transition into a retirement phase while still accruing additional benefits, providing them with financial security.
Participants must report personal information, employment details, choice of investment options, and the desired DROP participation dates on the FRS Investment Plan DROP form.
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