Puzzled by all the financial, investment and retirement advice out there? 

Puzzled by all the financial, investment and retirement advice out there? 

Puzzled by all the financial, investment and retirement advice out there? 

We offer easy-to-understand, customized options based on your unique situation

Your financial plan should be specific to you. With a variety of options available, we can choose the right financial services and products to support your retirement goals. During the last 30 years, our work with so many varied clients has provided us with invaluable insight that can help you! These are some of the ways we can help our clients:

We offer easy-to-understand, customized options based on your unique situation

Your financial plan should be specific to you. With a variety of options available, we can choose the right financial services and products to support your retirement goals. During the last 30 years, our work with so many varied clients has provided us with invaluable insight that can help you! These are some of the ways we can help our clients:

Retirement Planning for State and County Employees

C10 Financial has specific focus within Florida’s state and county retirement systems. A good majority of the planning we do is with employees close to retiring and separating from their employment from a state or local entity. We have many years of planning experience working with the government, county and agency employees of our state.

 

We focus on providing you with clear and easy-to-understand options if you are transitioning to retirement or already retired. Our experience includes working with members of the Florida Retirement System with strategies for their defined benefit pension and Deferred Retirement Option Plan (DROP) accounts, and extends to local and county employees looking for options for the Tax Sheltered Annuity / 403(b) and 457 plans.

 

Drop Options – Is your participation in the Florida Retirement System’s Deferred Retirement Option Plan nearing its end? Are you close to retiring? If so, you will have to decide how to take your DROP payment. This is an important financial decision, depending on what you would like to accomplish in retirement, your goals, expenses and plans. 

Retirement Planning for State and County Employees

C10 Financial has specific focus within Florida’s state and county retirement systems. A good majority of the planning we do is with employees close to retiring and separating from their employment from a state or local entity. We have many years of planning experience working with the government, county and agency employees of our state.

 

We focus on providing you with clear and easy-to-understand options if you are transitioning to retirement or already retired. Our experience includes working with members of the Florida Retirement System with strategies for their defined benefit pension and Deferred Retirement Option Plan (DROP) accounts, and extends to local and county employees looking for options for the Tax Sheltered Annuity / 403(b) and 457 plans.

 

Drop Options – Is your participation in the Florida Retirement System’s Deferred Retirement Option Plan nearing its end? Are you close to retiring? If so, you will have to decide how to take your DROP payment. This is an important financial decision, depending on what you would like to accomplish in retirement, your goals, expenses and plans. 

Retirement Planning for State and County Employees

C10 Financial has specific focus within Florida’s state and county retirement systems. A good majority of the planning we do is with employees close to retiring and separating from their employment from a state or local entity. We have many years of planning experience working with the government, county and agency employees of our state.

 

We focus on providing you with clear and easy-to-understand options if you are transitioning to retirement or already retired. Our experience includes working with members of the Florida Retirement System with strategies for their defined benefit pension and Deferred Retirement Option Plan (DROP) accounts, and extends to local and county employees looking for options for the Tax Sheltered Annuity / 403(b) and 457 plans.

 

Drop Options – Is your participation in the Florida Retirement System’s Deferred Retirement Option Plan nearing its end? Are you close to retiring? If so, you will have to decide how to take your DROP payment. This is an important financial decision, depending on what you would like to accomplish in retirement, your goals, expenses and plans. 

When your DROP participation ends, you have three choices for your DROP assets.

  • LUMP-SUM PAYMENT

    The first is in the form of a lump-sum payment (with 20% withheld for federal income taxes). I you haven’t yet reached age 59 1/2 (or younger, depending on your service class), your payment may likely be considered an early distribution and subject to an additional 10% early withdrawal tax. 

  • DIRECT ROLLOVER

    The second choice is a direct rollover to an eligible retirement plan These include the Florida Retirement System pension plan, a 403(b) or 457 plan (generally a plan in which you already participate, as well as other tax-qualified plans that accept rollovers), an individual retirement account (IRA), or an annuity provided by private insurers. 

  • COMBINATION

    Third, you have the option of a combination of a partial lump-sum payment and a rollover. A rollover into a Roth IRA is not an option.

Whatever you choose, it’s important to think about whether you will continue to work after DROP, how much money you believe you will need in retirement, and your other sources of retirement income, like a defined benefit pension, Social Security or investments. 

Whatever you choose, it’s important to think about whether you will continue to work after DROP, how much money you believe you will need in retirement, and your other sources of retirement income, like a defined benefit pension, Social Security or investments. 

Retirement Planning for Federal Employees

The world of federal government employee benefits is a complex area. It requires specific knowledge and experience to help navigate the investment options and withdrawal rules within the different plans.

 

As a federal employee, there are several choices to make when you retire, including the withdrawal rules and investment options for the Thrift Savings Plan. If you annuitize, our team can help assess the different payment options and how the income fits within your overall retirement plan. If you take regular payments, we can help you gain a better understanding of what the impact might be for your tax situation.

 

In addition, if you are part of FEGLI, you will likely need to decide if you want to reduce your life insurance coverage, or make a choice of no reduction. There are additional premiums, unless you choose the 75% coverage reduction option. Based on your needs, C10 Financial will help plan with you to find out what options make sense for you and your beneficiaries. 

Retirement Planning for Federal Employees

The world of federal government employee benefits is a complex area. It requires specific knowledge and experience to help navigate the investment options and withdrawal rules within the different plans.

 

As a federal employee, there are several choices to make when you retire, including the withdrawal rules and investment options for the Thrift Savings Plan. If you annuitize, our team can help assess the different payment options and how the income fits within your overall retirement plan. If you take regular payments, we can help you gain a better understanding of what the impact might be for your tax situation.

 

In addition, if you are part of FEGLI, you will likely need to decide if you want to reduce your life insurance coverage, or make a choice of no reduction. There are additional premiums, unless you choose the 75% coverage reduction option. Based on your needs, C10 Financial will help plan with you to find out what options make sense for you and your beneficiaries. 

Retirement Planning for Federal Employees

The world of federal government employee benefits is a complex area. It requires specific knowledge and experience to help navigate the investment options and withdrawal rules within the different plans.

 

As a federal employee, there are several choices to make when you retire, including the withdrawal rules and investment options for the Thrift Savings Plan. If you annuitize, our team can help assess the different payment options and how the income fits within your overall retirement plan. If you take regular payments, we can help you gain a better understanding of what the impact might be for your tax situation.

 

In addition, if you are part of FEGLI, you will likely need to decide if you want to reduce your life insurance coverage, or make a choice of no reduction. There are additional premiums, unless you choose the 75% coverage reduction option. Based on your needs, C10 Financial will help plan with you to find out what options make sense for you and your beneficiaries. 

Financial and Wealth Planning

Once we know your goals, and we know the current state of your finances, we can make recommendations and create a plan for you. There are usually many paths to reaching your goal. We can help you discover the pros and cons of each to develop a comprehensive wealth management plan.

Investment Management

Aligning your portfolio allocations with your risk tolerances to help ensure that you’re comfortable with your wealth management choices is always the first step. After that, constant monitoring, review and assessment gives us the right information to stay the course or course-correct if needed. 

Portfolio Management

Financial and retirement assets can be held in a variety of accounts, each with its own level of complexity and maintenance. We can help make sure all of your accounts are in sync with one another and handle the ongoing monitoring and adjustment required.

Retirement Income Planning

We believe an enjoyable and lasting retirement depends on having a stable retirement income. After looking at your unique financial situation, we aim to design a retirement plan that helps you create an income you won’t outlive—one that maximizes the value of your assets and preserves a legacy.

Medicare Planning

We are a full-service Medicare Supplement and Medicare Part D advisory firm and specialize in helping clients evaluate the complex decisions associated with the various Medicare options. 

We are a full-service Medicare Supplement and Medicare Part D advisory firm and specialize in helping clients evaluate the complex decisions associated with the various Medicare options. 

Legacy Planning

Legacy planning can be an emotional and complex series of decisions. If you want to leave your assets to heirs, a charity, or want to develop a business succession plan, we can help design a strategy to accomplish this goal.

Tax Minimization Strategies

Taxes will always be a part of life, but we can review your assets and see if strategies to potentially reduce taxes might apply in your situation. Every dollar saved today can work for you in retirement.

Insurance

People often talk about insurance as “protection,” but it’s really a form of risk mitigation. It ensures that, no matter what twists and turns come with life, clients have a safety net in place. Whether it’s life, long-term care, disability, or an annuity – insurance can provide resources when most needed. 

Social Security Maximization

Choosing when and how to draw Social Security can be a tough decision. A number of factors including marriage status, can impact your options. We can help you navigate the possibilities, so you get the most from your hard-earned benefits.

Workplace Benefits and Defined Benefit Pension Maximization

It can be difficult to know how your benefits and pension will align with your other assets and Social Security in retirement. It’s important to review what’s in place and see if all income streams will work together to support your goals. We also help business owners with various strategies for employee benefit options. 

Legal Support

We partner with several attorneys that can meet clients in our office who are available to execute legal documents as needed, such as wills, trusts, durable power of attorney and health directives.

Ready to put the pieces in place?

We are here for you!

SCHEDULE A TIME TO TALK

Ready to put the pieces in place?

We are here for you!

LET'S SCHEDULE A TIME TO TALK

Ready to put the pieces in place?

We are here for you!

LET'S SCHEDULE A TIME TO TALK
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