How is FRS DROP Money Taxed? | Understanding the Florida Retirement System DROP Program

Don Anders discusses how FRS DROP money is taxed and how you can avoid paying more in taxes than is necessary.
Don Anders goes over the 3 DROP Rollover Options, the age you can take DROP money out without a tax penalty, and how different accounts may impact your tax liability when exiting DROP.
If you'd like to book a complimentary FRS DROP Phone Consultation with one of our Fiduciary advisors, you can do that here: calendly.com/andersfinancial/...
For more details on the FRS DROP Program, you can view that playlist here: • FRS DROP Information
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[@kennycoblentz8897]

Hello, can you do a video for high risk members for DROP options when under age 55?

[@crisduran2876]

Roth IRA you only pay taxes on interest right?

[@AndersRetirement]

Roth grows tax free, but you must pay taxes before it goes in