Planning for a long, fulfilling life

Common Drop Questions

  • WHAT IS DROP?
  • SHOULD I ENTER DROP?
  • WHAT DO I DO WITH THE DROP WHEN I LEAVE?
  • WHAT IS 72(t)-10?
  • WHAT INVESTMENTS SHOULD I CHOOSE FOR MY IRA?
  • WHAT ARE THE PROS AND CONS OF ENTERING DROP?
  • CAN I HAVE A DIFFERENT BENEFICIARY FOR MY DROP THAN FOR MY PENSION?
  • IS THERE AN IDEAL TIME TO ENTER DROP?
  • WHEN I FINISH MY DROP TERM, CAN I LEAVE IT IN THE PLAN?
  • AM I ELIGIBLE FOR A PRE-RETIREMENT DEATH BENEFIT ONCE I ENTER DROP?
  • AT WHAT AGE MUST I BEGIN TAKING DISTRIBUTIONS?

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER,  CFP Logo Flame Design and  CFP Logo Plaque Design in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.