what is the drop advisory group?


The DROP Advisory Group is a group financial professionals who are highly skilled and experienced in the retirement field.

When you are considering retiring and entering into Florida’s Deferred Retirement Option Plan or DROP, work with a financial professional who is a member of the DROP Advisory Group.

Why?  DROP is one of the most important retirement decisions you will ever make. The DROP process can be daunting and complex.  Our DROP Advisory Group members are highly skilled advisers in the field.  Through the years, they have helped thousands of DROP participants with their pension options, health insurance, contributory and non-contributory savings plans, and sick pay accounts.

A DROP Advisory Group member will help you determine the exact amount in your FRS retirement account. We will help you calculate your retirement benefits, including DROP benefits. Most importantly, we will help you with all the “right” forms!

Another important aspect is to review your Social Security benefits along with your retirement income and expenses to help you in the retirement planning process. And after understanding your liquidity needs, we will design a tax-advantaged solution for your DROP money that can provide a guaranteed income for life – a paycheck for life!

Through the years, we have helped hundreds retire in dignity with their DROP!
If you would like to work with a member or you need more information, please call (813) 205-8107 or e-mail Competelli35@gmail.com.

retirement income & expense plan

The DROP Advisory Group offers a complimentary retirement and income expense plan for you!  It is your customized roadmap for retirement.

We will meet with you to review all your retirement income sources like your FRS pension, Social Security, your 403b, 457b, IRAs and other savings plans. We also will review your options for your DROP money.

Our goal is to help you avoid making mistakes and stepping on a land mine that might derail your retirement goals and dreams.

We also will review your expenses that you will experience in retirement like medical insurance and costs, housing, food, entertainment, travel and other discretionary and essential expenses.

During the planning process, we will review with you:

  • Steps you need to take to get ready for retirement

  • The Exit Process

  • What retirement and Social Security forms are needed

  • How to fill out the paperwork?

  • Florida Retirement System Pension … What are your best choices?

  • What happens to your sick days? How will you get paid on these days?

  • Deferred Retirement Option Plan (DROP) …

  • How to spend or invest your DROP? It is important to have both liquidity and long-term growth …

  • When should you start taking withdrawals from the 403(b), 457(b) plans, IRAs?

  • Social Security Income … At what age should you start taking payments?

  • How the health insurance subsidy works Medicare

For more information or to schedule a meeting, please fill in the form below: