If you are a new FRS member, you have access to the online Choice Service powered by Financial Engines®. Log in now to take advantage of this free service.
In a few minutes, you can see how life decisions can affect your retirement. The Choice Service can create multiple "what if" scenarios just for you.
Take the following steps to better understand how your decisions now can impact your tomorrow:
Once you compare plans and make an active choice, you can rest easy knowing that you're on a path to making sound decisions about your retirement and beginning to put in place a financial plan for your future.
Now it's time for you to take advantage of the online ADVISOR SERVICE, also powered by Financial Engines®. It doesn't matter which plan you are in, you can access this online application to create a comprehensive plan for retirement. Take advantage of this free advisor service!
By providing information specific to your current status and goals, the Advisor Service can:
2nd Choice Service
Every FRS member has a second career opportunity to switch FRS plans. You should explore your options before deciding to switch retirement plans. There are valuable tools, such as the online 2nd CHOICE SERVICE, to help you in making the right decision for you. This service takes into account your current plan and accumulated benefits, and any other new circumstances and updated information you provide. Using the 2nd Choice Service, you can:
Using the 2nd Choice Service, you can:
You have only one opportunity to switch plans during your career. You must be actively employed and earning service credit to make a 2nd election.
Once you have chosen a retirement plan, you will have access to a customized home page to manage your FRS benefits online. Depending on which plan you're in, you will see some of the following valuable information:
If you need help with managing your account, you can use the Advisor Service or call 1-866-446-9377, Option 2, where an EY financial planner is available.
As part of the MyFRS Financial Guidance Program, you will find a wealth of retirement planning,investment, and financial management information at www.myfrs.com. You have online information and materials available throughout the site, including: