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The State Employees' Health Insurance Trust Fund had a balance of $652.7 million for fiscal 2024-25, but the report from the nonprofit group Florida Taxwatch found that the program could face a $1 ...
The Division of State Group Insurance (DSGI) offers and manages a comprehensive package of health insurance benefits for active and retired state employees and their families, including: a variety of health insurance options; flexible spending and health savings accounts; life insurance; and dental, vision and other supplemental insurance products.
The statutory and fiduciary mandate of the State Board of Administration of Florida (SBA) is to invest, manage and safeguard assets of the Florida Retirement System (FRS) Trust Fund as well as the assets of a variety of other funds. The SBA manages 25 different investment funds and trust clients.
“Higher auto and home insurance along with a 7% sales tax on already high-inflation goods can put a strain on retirement income.” According to Insurance.com, the “average home insurance rate ...
Even though a CCRC's entrance fees (in Type A, B, and sometimes C contracts) represent in part lump-sum long-term care insurance premiums [14] (or prepayments of future costs) paid by all non-rental residents upon entry for health care that is used at any given time by only a small subgroup, [1] the "sweet spot" for the entrance fees appears to ...
The cost of housing in Florida has soared, with a median home value of nearly $393,000 well over the already prohibitive $348,539 national median. ... on a fixed retirement budget. The state also ...
Acts Retirement-Life Communities (Acts), based out of Fort Washington, Pennsylvania, is the third largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. [1]
Florida and retirement go hand in hand. The warm weather, plentiful amenities, and lack of state income tax are just a few of the reasons why American seniors flock to the Sunshine State. Check It...