Deferred Retirement Option Plan (DROP)

If you’re retiring from the Florida school system and need help deciding what to do with your Deferred Retirement Option Plan (DROP), Suncoast can help.

Visit our Suncoast Investment Services* website to learn more about DROP.

Check the background of your financial professional on FINRA's BrokerCheck.

Select a Service:

  • DROP Income Planning

    Our advisors work one-on-one with members to determine the best possible distribution plan for your retirement funds.

    For the full range of retirement options and services, visit our Retirement Planning page.


    What You Need to Know About DROP in Florida

    Employees from the public sector may have the option to choose a deferred retirement option program (DROP). Since the details of how DROP works and what it offers can vary from state to state, we wrote a blog post that specifically covers what you need to know about DROP in Florida.

*Suncoast Investment Services is a marketing name used by Suncoast Credit Union. Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Suncoast Credit Union and Suncoast Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Suncoast Investment Services, and may also be employees of Suncoast Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Suncoast Credit Union or Suncoast Investment Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value

Suncoast Credit Union provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay Suncoast Credit Union for these referrals. This creates an incentive for Suncoast Credit Union to make these referrals, resulting in a conflict of interest. Suncoast Credit Union is not a current client of LPL for advisory services. Please visit for more detailed information.

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

** Representatives are neither tax advisors nor attorneys. For information regarding your specific tax situation, please consult a tax professional. For legal questions, including a discussion about estate planning, please consult your attorney.

Insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union.