StateofFloridaFICAAlternativeRetirementPlanforOPSEmployees QuestionsandAnswersforCurrentOtherPersonalServices(OPS)Employees Question1:Whyisthestateadoptingthisplanandwhatkindofplanisit? Answer:OnJuly2,1991,afederallawwentintoeffectthat,forthefirsttime,requiredOPS ...
A lack of retirement readiness has implications for the nation as well, according to the Pew Charitable Trusts. About 56 million private-sector workers don't have access to a retirement plan through their employers, feeding into a projected $1.3 trillion shortfall for state and federal governments...
Last week, the Florida State Board of Administration released an encouraging financial update on Florida's retirement plan for Florida deputies, law enforcement and correctional professionals, as well as other state workers. Ash Williams, executive director of the Board of Administration, told the ...
Members of the state Investment Advisory Council on Monday voted 7-2 to direct portfolio managers to lower China exposure in the Florida Retirement System Investment Plan. The move came as the state has been taking steps to divest holdings in China-owned companies. Lamar Taylor, chief invest...
Florida Corporate Income Tax: Corporations that do business and earn income in Florida must file a corporate income tax return (unless they are exempt). Florida Property Tax: Florida Property Tax is based on market value as of January 1st that year.Taxes...
You can believe what we want, but when you've got a statistically significant amount of data like they do, it's good to take notice. They realized that users who created a retirement plan through the Retirement Planning Calculator had roughly 75% higher retirement balances than those who ...
Florida State Pension Reports 13% Investment Return.The article discusses Florida Retirement System (FRS) Pension Plan benchmark policy which hit a 13.12% return for the close of 2013. The State Board of Administration (SBA) reported that FRS Pension Plan's final asset height was approximately ...
Not that any of this should be a surprise. Just a couple of days ago, I wrote about how Florida is getting great results while spending less. Medicaid: Taxpayers finance an enormously expensive Medicaid program ($800 billion and counting), yet research shows that all that money does not ...
degrees Fahrenheit, according to data from the National Oceanic and Atmospheric Administration (NOAA). This average was warm enough to rank Delaware 16th. In comparison, Hawaii came in first with a balmy average of 75.7 degrees, while the retirement hotspot of Florida ranked second with 71.7 ...
Angela Warfield, principal consultant and founder of admissions consulting firm Compass Academics, says she's worked with students in Florida and Pennsylvania who took advantage of the University of Missouri's Black & Gold Scholarship, which waives nonresident tuition for children of ...