Make the Most of Your Florida Retirement System Benefits
Retirement Planning for FRS Special Risk Employees
We help Florida Retirement System (FRS) Special Risk employees understand their benefit options and evaluate how those choices may fit into their broader retirement goals.
We’re here to help you:
• Understand the potential impact of your decisions
• Evaluate how your benefits may support your goals
• Make more informed retirement planning decisions
Retirement Decisions Can Feel Complex
As a firefighter, police officer, or other FRS Special Risk employee, you may have access to valuable retirement benefits. But those benefits can also be complex, and some decisions may be difficult to change once made.
That can make it challenging to determine how your FRS benefits, retirement income options, and long-term financial goals fit together. Our role is to help you better understand your options so you can make informed decisions based on your circumstances.
Get More Clarity Around Your FRS Options
You don’t have to sort through every retirement decision on your own. We help FRS Special Risk members review their options and consider how different choices may affect their retirement planning.
Our goal is to help you:
- Plan for the future. Review how your benefits may align with your retirement timeline and financial goals.
- Consider your spouse and family. Evaluate available survivor benefit options based on your needs and priorities.
- Review investment choices. Understand the investment options available through the FRS Investment Plan and how they may relate to your goals, time horizon, and risk tolerance.
Experience Working With FRS Special Risk Employees
- Team member and Investment Advisor Representative Gary Gonzalez retired from the Miami-Dade Fire Department, where he served as a firefighter, lieutenant, captain, and battalion chief.
- Gary also authored A Public Safety Officer’s Guide to the Florida Retirement System, a resource available below for those seeking more information.
- Our team has worked with FRS Special Risk employees and retirees since 2006.
Straightforward Guidance for Florida Public Safety Employees
Your Florida Retirement System benefits may play an important role in your retirement planning. However, understanding your available choices often requires time, research, and careful consideration.
Many Florida firefighters, police officers, and other public safety employees have questions about topics such as:
- FRS Pension Plan vs. FRS Investment Plan
- Survivor benefit options
- Early retirement considerations
- Investment allocations
- The role of a 457 plan in retirement savings
At Modera Wealth Management, a fiduciary Registered Investment Advisor in Plantation, Florida, we work with FRS Special Risk employees who want help evaluating these decisions within the context of a broader financial plan.
We may be able to help you review:
- Whether the FRS Pension Plan or FRS Investment Plan may be more appropriate for your retirement goals
- Which pension option may be worth considering for your situation
- Whether early retirement may be financially feasible based on your resources and goals
- How to evaluate investment options within your plan
- Whether a 457 deferred compensation plan may complement your retirement strategy
A Public Safety Officer’s Guide to the Florida Retirement System
Request a copy of this guide for FRS Special Risk employees to learn more about the Florida Retirement System, retirement benefit choices, and planning considerations for public safety professionals.
The guide includes educational information designed to help you better understand your options and key decisions.
Are We a Match?
You may be looking for a financial advisor with experience serving FRS Special Risk employees, including Florida firefighters, police officers, and other public safety professionals. We may be a good fit if you:
- Are an FRS Special Risk employee
- Want additional clarity around your available benefit options
- Are looking for fiduciary guidance as you incorporate FRS benefits into a longer-term financial plan
- Expect to have post-retirement investable assets of approximately $500,000 or more
Modera Team specializing in Florida Retirement System
Helpful information for Florida Retirement System Special Risk employees
Take the First Step - Schedule a Call
If you would like help reviewing your FRS Special Risk retirement options, we invite you to schedule an introductory consultation.
We can discuss your questions, explain how we work with Florida Retirement System employees, and help you determine whether a deeper planning conversation would be useful.
