If you've reached FRA (Full Retirement Age) and decided to go into DROP at the end of the school year in July but aren't sure you made the right decision, you have only one month after your DROP participation begins to cancel your DROP participation. To cancel your participation, your employer must agree to rescind your previously established DROP termination date and submit form DP-VOID. For more Tips and Strategies check out our upcoming classes at www.FRSWorkShop.com
FRS Tip of the Month
August 09, 2021