1<!DOCTYPE html> 2<html lang="en"> 3 4<head> 5 <link rel="icon" type="image/png" href="favicon.ico"> 6 <meta charset="utf-8"> 7 <meta http-equiv="X-UA-Compatible" content="IE=edge"> 8 <meta name="viewport" content="width=device-width, initial-scale=1"> 9 <meta name="description" content=""> 10 <meta name="author" content=""> 11 <title>Investment Plan</title> 12 13 <!-- Bootstrap Core CSS --> 14 <link href="css/bootstrap.min.css" rel="stylesheet"> 15 16 <!-- Custom Fonts --> 17 <link href="css/font-awesome.min.css" rel="stylesheet" type="text/css"> 18 19 <!-- Custom CSS --> 20 21 <link href="css/custom.css" rel="stylesheet"> 22 23 24 25 <!-- HTML5 Shim and Respond.js IE8 support of HTML5 elements and media queries --> 26 <!-- WARNING: Respond.js doesn't work if you view the page via file:// --> 27 <!--[if lt IE 9]> 28
28<script src="https://oss.maxcdn.com/libs/html5shiv/3.7.0/html5shiv.js"></script>
28 29
29<script src="https://oss.maxcdn.com/libs/respond.js/1.4.2/respond.min.js"></script>
29 30 <![endif]--> 31 32 <!-- Google Analytics --> 33
33<script src="js/gtm-head.js"></script>
33 34
34<script src="ga/google-analytics.js"></script>
34 35 36</head> 37 38<body> 39<!--TRACKING DO NOT REMOVE--> 40<!-- Google Tag Manager (noscript) -->
vendor: 68 bytes, lines 40-41
40 41<noscript><iframe src="https://www.googletagmanager.com/ns.html?id=
41GTM-NZRXXZW
vendor: 83 bytes, line 41
41" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>
42<!-- End Google Tag Manager (noscript) --> 43 44 <!-- Top black bar --> 45 <section class="headerbar hidden-xs"> 46 <div class="container"> 47 <div class="row"> 48 <div class="col-md-1 col-sm-2"> 49 <a href="index.html"><img src="img/My-FRS-Logo.jpg" class="logo" alt="" /></a> 50 </div> 51 <div class="col-md-5 col-sm-5 white text-left logo-text"><a href="index.html" class="privacy">Florida Retirement System</a></div> 52 <div class="col-md-6 col-sm-5 text-right head-note"><span class="white">Welcome to Choose MyFRS Retirement Plan</span></div> 53 54 </div> 55 </div> 56 57 </section> 58 59 <!-- Navigation --> 60 <nav class="navbar navbar-default" role="navigation"> 61 <div class="container"> 62 <!-- Brand and toggle get grouped for better mobile display --> 63 <div class="navbar-header"> 64 <button type="button" class="navbar-toggle" data-toggle="collapse" data-target="#bs-example-navbar-collapse-1"> <span class="sr-only">Toggle navigation</span> <span class="icon-bar-container"><span class="icon-bar"></span> <span class="icon-bar"></span> <span class="icon-bar"></span> </span> </button> 65 <a class="navbar-brand visible-xs" href="index.html"><img src="img/myfrs-logo.gif" class="img-responsive" alt="myfrs" /></a><span class="white text-center logo-text-mobile visible-xs"><a href="index.html" class="privacy">Florida Retirement System</a></span> 66 <a href="index.html"><img src="img/My FRS_WhiteSunburst_Half.png" class="hidden-xs sunburst" alt="" /></a> 67 </div> 68 <!-- Collect the nav links, forms, and other content for toggling --> 69 <div class="collapse navbar-collapse" id="bs-example-navbar-collapse-1"> 70 <ul class="nav navbar-nav navbar-right"> 71 <li><a href="help-me-choose.html">Help Me Choose</a></li> 72 <li><a href="choice-service.html">Choice Service</a></li> 73 <li><a href="investment-plan.html">Investment Plan</a></li> 74 <li><a href="pension-plan.html">Pension Plan</a></li> 75 <li><a href="https://www.myfrs.com/imageserver/OnlineELE1.htm" target="_blank">ENROLL NOW</a></li> 76 </ul> 77 </div> 78 <!-- /.navbar-collapse --> 79 </div> 80 <!-- /.container --> 81 </nav> 82 83 <!-- sunburst on mobile --> 84 <section class="mobile-bkg visible-xs"> 85 <div class="container"> 86 <div class="row"> 87 <a href="index.html"><img src="img/My FRS_WhiteSunburst_Half.png" width="125" height="70" alt="" /></a> 88 </div> 89 </div> 90 </section> 91 92 93 <!-- colored bar --> 94 <section class="top-banner hidden-xs"> 95 <div class="container"> 96 <div class="row"> 97 98 </div> 99 </div> 100 101 </section> 102 103 104 <div class="container"> 105 <div class="row add-top"> 106 <div class="col-md-6"> 107 <!-- enroll button for mobile --> 108 <div class="visible-xs text-center-xs"> 109 <p> 110 <a href="https://www.myfrs.com/imageserver/OnlineELE1.htm" target="_blank"><img src="img/green-btn.gif" width="87" height="94" alt="" /></a> <a href="https://www.myfrs.com/imageserver/OnlineELE1.htm" target="_blank" class="grn add-left">ENROLL NOW</a></p> 111 </div> 112 113 <!-- title for mobile --> 114 <h1 class="blue text-center-xs visible-xs">About the Investment Plan</h1> 115 <div class="row"> 116 <div class="col-sm-4 text-center-xs"> 117 <a href="videoplayer/player.html?v=5067320495001" target="_blank"> <img src="img/nicole.jpg" class="img-responsive center" alt="" /></a> 118 </div> 119 120 121 122 <div class="col-sm-8"> 123 <h3 class="text-center-xs"><a href="videoplayer/player.html?v=5067320495001" class="blue" target="_blank">Nicole</a></h3> 124 <p class="plm-text"><a href="videoplayer/player.html?v=5067320495001" target="_blank"> With all the tools and investment options available, the Investment Plan was the way to go for me. <i class="fa fa-caret-right" aria-hidden="true"></i></a></p> 125 </div> 126 </div> 127 128 <div class="row add-top"> 129 <div class="col-sm-4 text-center-xs"> 130 <a href="videoplayer/player.html?v=5067291271001" target="_blank"> <img src="img/nathan.jpg" class="img-responsive center" alt="" /></a> 131 </div> 132 133 134 135 <div class="col-sm-8"> 136 <h3 class="text-center-xs"><a href="videoplayer/player.html?v=5067291271001" class="blue" target="_blank">Nathan</a></h3> 137 <p class="plm-text"><a href="videoplayer/player.html?v=5067291271001" target="_blank">I chose the Investment Plan because it gives me the flexibility I want without requiring me to be a stock market guru. <i class="fa fa-caret-right" aria-hidden="true"></i></a></p> 138 139 </div> 140 </div> 141 142 <div class="row add-top add-bottom"> 143 <div class="col-sm-4 text-center-xs"> 144 <a href="videoplayer/player.html?v=5067320509001" target="_blank"><img src="img/corey.jpg" class="img-responsive center" alt="" /></a> 145 </div> 146 <div class="col-sm-8"> 147 <h3 class="text-center-xs"><a href="videoplayer/player.html?v=5067320509001" class="blue" target="_blank">Corey</a></h3> 148 <p class="plm-text"> <a href="videoplayer/player.html?v=5067320509001" target="_blank">I plan on retiring within the next 6 or 7 years. The Investment Plan made sense for me. <i class="fa fa-caret-right" aria-hidden="true"></i></a></p> 149 </div> 150 </div> 151 152 </div> 153 <div class="col-md-6"> 154 <!-- title for desktop --> 155 <h1 class="blue text-center-xs">About the Investment Plan</h1> 156 <p>The Investment Plan is similar to a 401(k) plan. It is designed primarily for employees who want greater control over their retirement plan and who want flexibility in how their benefit is paid at retirement. </p> 157 158 <p>The Investment Plan is known as a âdefined contributionâ plan. Thatâs because contributions to the plan â yours and your employerâs â are defined by law. The benefit you ultimately receive from the plan will depend on how much is contributed 159 to your account, the performance of your investments over time, and the impact of account fees and expenses. When youâre ready to withdraw your money, you will have a variety of payment options to choose from. Options to continue payments 160 to a beneficiary after your death may also be available. You can designate any person, organization, trust, or your estate as your beneficiary. </p> 161 162 163 <!-- accordion --> 164 165 166 <div id="accordion" role="tablist" aria-multiselectable="true"> 167 <div class="panel panel-default"> 168 <div class="panel-heading bkg-blue" role="tab" id="headingOne"> 169 <h4 class="panel-title"> 170 <a data-toggle="collapse" data-parent="#accordion" href="#collapseOne" aria-expanded="true" aria-controls="collapseOne"> 171 Contributions <i class="fa fa-caret-down" aria-hidden="true"></i> 172 </a> 173 </h4> 174 </div> 175 <div id="collapseOne" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingOne"> 176 <p class="accordion-content">Based on Florida law, you contribute 3% of your gross salary, beginning with your first paycheck, to your Investment Plan account. You cannot change the amount you contribute. Your employer also contributes a fixed percentage of 177 your gross salary to your account. The percentage is based on your membership class as required by law.</p> 178 179 </div> 180 </div> 181 <div class="panel panel-default"> 182 <div class="panel-heading bkg-blue" role="tab" id="headingTwo"> 183 <h4 class="panel-title"> 184 <a class="collapsed" data-toggle="collapse" data-parent="#accordion" href="#collapseTwo" aria-expanded="false" aria-controls="collapseTwo"> 185 Your Benefit <i class="fa fa-caret-down" aria-hidden="true"></i> 186 </a> 187 </h4> 188 </div> 189 <div id="collapseTwo" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingTwo"> 190 <p class="accordion-content">The benefit you receive from the Investment Plan is based on the value of your account. The value of your account will change over time based on contributions made by you and your employer, the performance of the investment 191 options you choose, and the impact of account fees and expenses. </p> 192 193 </div> 194 </div> 195 <div class="panel panel-default"> 196 <div class="panel-heading bkg-blue" role="tab" id="headingThree"> 197 <h4 class="panel-title"> 198 <a class="collapsed" data-toggle="collapse" data-parent="#accordion" href="#collapseThree" aria-expanded="false" aria-controls="collapseThree"> 199 Vesting (Qualifying for Your Benefit) <i class="fa fa-caret-down" aria-hidden="true"></i> 200 </a> 201 </h4> 202 </div> 203 <div id="collapseThree" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingThree"> 204 <p class="accordion-content"><span class="bld">Once you complete one year of service, you own all contributions and earnings in your Investment Plan account (
204any previous Pension Plan service transferred into the Investment Plan is subject to 6 or 8 year vesting). If you leave FRS employment prior to meeting the vesting requirements, you own only your employee contributions and any earnings on those contributions.</span> <!--The amounts you contribute to your account are always yours. -->This makes the Investment Plan a good choice for employees who need a more portable benefit or who expect to retire before they would qualify for a benefit under 205 the Pension Plan. </p> 206 207 </div> 208 </div> 209 <div class="panel panel-default"> 210 <div class="panel-heading bkg-blue" role="tab" id="headingFour"> 211 <h4 class="panel-title"> 212 <a class="collapsed" data-toggle="collapse" data-parent="#accordion" href="#collapseFour" aria-expanded="false" aria-controls="collapseFour"> 213 Investment Options <i class="fa fa-caret-down" aria-hidden="true"></i> 214 </a> 215 </h4> 216 </div> 217 <div id="collapseFour" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingFour"> 218 <p class="accordion-content"> As the Investment Planâs name implies, the money in your account is invested in stocks, bonds, and other types of financial instruments. With a variety of investment options available, the plan gives you as much or as little 219 control over your investments as you like. </p> 220 221 <p class="accordion-content"><span class="bld">Retirement Date Funds.</span> If you are not comfortable choosing your own investments, Retirement Date Funds are an easy âone and doneâ option. Each Retirement Date Fund includes a mix of investments based 222 on the amount of time left before you retire. That mix gradually changes automatically as your retirement gets nearer, adjusting its focus from investment growth to account preservation.</p> 223 224 <p class="accordion-content"><span class="bld">Fund Lineup.</span> If you would like to choose your own investments, the planâs fund lineup lets you create a unique portfolio from a variety of prescreened high-quality funds. </p> 225 226 <p class="accordion-content"><span class="bld">Self-Directed Brokerage Account.</span> If you want greater control and flexibility, the self-directed brokerage account gives you access to thousands of additional investments and is geared toward experienced 227 investors. 228 </p> 229 230 </div> 231 </div> 232 <div class="panel panel-default"> 233 <div class="panel-heading bkg-blue" role="tab" id="headingFive"> 234 <h4 class="panel-title"> 235 <a class="collapsed" data-toggle="collapse" data-parent="#accordion" href="#collapseFive" aria-expanded="false" aria-controls="collapseFive"> 236 Benefit Payment Options <i class="fa fa-caret-down" aria-hidden="true"></i> 237 </a> 238 </h4> 239 </div> 240 <div id="collapseFive" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingFive"> 241 <p class="accordion-content">When the time comes to receive your benefit, the Investment Plan offers a lot of flexibility. You can choose a lump-sum payment, a rollover to another qualified plan, a customized payment schedule, lifetime income, or any combination 242 of these.</p> 243 </p> 244 </div> 245 </div> 246 </div> 247 248 <!-- end accordion --> 249 250 <!-- compare the plans button --> 251 <div class="add-top text-center-xs"> 252 <p><a href="https://www.myfrs.com/pdf/forms/plancomparison.pdf" target="_blank" class="blck">Side-by-Side Plan Comparison Chart <i class="fa fa-caret-right" aria-hidden="true"></i></a></p> 253 </div> 254 255 256 <!-- resources button --> 257 <div class="add-top text-center-xs"> 258 <p><a href="resources.html" class="blck">Learn More <i class="fa fa-caret-right" aria-hidden="true"></i></a></p> 259 </div> 260 261 <!-- enroll button for desktop --> 262 <div class="add-top hidden-xs"> 263 <p> 264 <a href="https://www.myfrs.com/imageserver/OnlineELE1.htm" target="_blank"><img src="img/green-btn.gif" width="87" height="94" alt="" /></a> <a href="https://www.myfrs.com/imageserver/OnlineELE1.htm" target="_blank" class="grn add-left">ENROLL NOW</a></p> 265 </div> 266 267 268 </div> 269 </div> 270 </div> 271 272 273 274 275 276 <!-- Footer --> 277 <footer id="footer"> 278 <div class="footer-top"> 279 <div class="container text-center"> 280 <div class="row"> 281 282 <div class="col-md-8 col-md-offset-2"> 283 284 <p><span class="bld">Your plan choice deadline is 4:00 p.m. ET on the last business day of the eighth month following your month of hire.</span> If you do not submit a plan choice by your deadline, the Investment Plan will be considered your 1<sup>st</sup> Election by default. Exception: If you are in the Special Risk Class, the Pension Plan will be considered your 1<sup>st</sup> Election by default.</p> 285 286 </div> 287 288 </div> 289 <div class="row"> 290 291 <div class="col-md-8 col-md-offset-2 add-border-top"> 292 <p class="add-top"><span class="orange">The result of the interactive video is based on the answers you provide and is general in nature.</span> Choosing a retirement plan is your responsibility.</p> 293 <p>You are encouraged to run your own <span class="bld">personalized examples</span> by using the online <a href="choice-service.html"><u>Choice Service</u></a> on MyFRS.com or by calling the MyFRS Financial Guidance Line toll-free at 1-866-446-9377, Option 2 (TRS 711) and having an EY financial planner run the numbers for you.</p> 294 </div> 295 296 </div> 297 298 </div> 299 </div> 300 <div class="footer-bottom"> 301 <div class="container"> 302 <div class="row"> 303 <div class="col-sm-6"><a href="https://www.myfrs.com/Privacy.htm" class="privacy" target="_blank">Privacy & Security <i class="fa fa-caret-right" aria-hidden="true"></i></a> | <a href="terms.html" target="_blank" class="privacy">Terms of Use <i class="fa fa-caret-right" aria-hidden="true"></i></a> 304 </div> 305 <div class="col-sm-6">©
305<script>document.write(new Date().getFullYear());</script>
305 MyFRS Financial Guidance Program. All rights reserved. </div> 306 </div> 307 </div> 308 </div> 309 310 <!-- small optimized message at the bottom --> 311 <div class="optimized"> 312 <div class="container"> 313 <div class="row"> 314 <div class="col-lg-12">Optimized Browsers: This site and the interactive video perform best on Microsoft Edge. Other modern browsers, including Chrome, Firefox, Safari, and older versions of Internet Explorer, are supported but performance on these 315 browsers may vary slightly. 316 317 </div> 318 319 </div> 320 </div> 321 </div> 322 323 </div> 324 </footer> 325 326 <!-- jQuery --> 327
327<script src="js/jquery-3.7.1.min.js"></script>
327 328 329 <!-- Bootstrap Core JavaScript --> 330
330<script src="js/bootstrap.min.js"></script>
330 331 332 <!-- Google Analytics Event Tracking --> 333
333<script src="js/event-tracking.js"></script>
333 334 335 <!-- Custom Javascripts --> 336
336<script src="js/custom.js"></script>
336 337</body> 338 339</html>
Line numbers count LF bytes from the start of the resource, as the search results do. Vendor segments are library code the classifier recognised; they are stored but not indexed. Bytes are shown as Latin1 characters, one per byte.