Protecting, Saving, and Planning for the Future
Contact your local Gabor representative to help gain an individual understanding of your employee benefits. Send us an email or call 800-330-6115.
The Gabor Agency is dedicated to helping you understand and choose from a comprehensive list of benefit options designed especially for employees of your university. In its 7th decade of service, Gabor representatives are on campus daily to help you plan for retirement and beyond.
In partnership with your Human Resources department, the Gabor Agency is pleased to guide you in choosing the following employee benefits:
- Health Insurance
- Disability Insurance
- Life Insurance
- Group Term Life Insurance
- Accidental Death & Dismemberment Insurance
- Retirement Plans (SUSORP, 403b, 457, FRS)
- Long Term Care Insurance
- Social Security Planning
All state of Florida employees must make a choice in their first 60 days of employment. For more information, refer to the official site for state of Florida employee benefit options. Note: The Gabor Agency acts only in an advisement capacity for university employees who are seeking health insurance.
Your income serves as your most valuable asset. Owning disability insurance is critical to maintain your standard of living should an injury or illness affect your ability to earn a paycheck. Here’s a statistic to remember: The Social Security Administration estimates that 3 out of 10 Americans entering the workforce will become disabled before they retire. Help protect yourself now with comprehensive coverage you know you can rely on later.
This is the primary tool for helping to protect your loved ones. Too often, families must bear the burden of making drastic decisions once a family member passes away. Life insurance helps support loved ones and helps ensure that your family can live comfortably even in the most difficult times.
Group Term Life
Group Term Life is a low cost life insurance policy with coverage that does not decrease with age as long as employment continues and premiums are paid. This policy is offered Guaranteed Issue with no medical exam required during the first 60 days of employment or during special open enrollment periods.
Accidental Death & Dismemberment
This benefit offers low cost supplmental coverage that provides benefits in the event of an accidental death or dismemberment (inlcuding family members for one low group rate).
Retirement Income Planning and Strategies
There are a number of valuable retirement investment services and products to choose from: employer-sponsored retirement savings plans, tax-sheltered retirement plans - SUSORP, 403(b) and Roth 403(b) (may not yet be available at your university), 457 retirement savings plans, FRS, traditional and roth IRAs, mutual funds, fixed and variable annuities, 529 college savings plans and more. Our advisors are here to guide you through this collection of choices.
Planning For The Future
Long Term Care
Long-term care insurance provides your loved ones with the means to care for you when you can’t care for yourself. Services include custodial care, medical support, and more while helping protect your retirement assets and allowing you to maintain independence.
Contrary to popular belief, the need for long-term care is not contingent upon age. Illness and injury can occur unexpectedly whether you're young or older, and the ability to care for those in need of consistent medical considerations is as prevalent as ever.
Social Security Planning
Individuals can often make a few mistakes regarding their Social Security - underestimating the real value of Social Security, hurrying to collect but regretting reduced benefits, having a lack of understanding about unique benefits that couples can take advantage of, and more. With Gabor’s guidance, you can strengthen your Social Security strategy and help ensure you’re receiving the maximum amount of benefits available to you.
DROP is available to employees enrolled in FRS. This program allows employees who meet normal retirement requirements (age 62 and vested or 30 years of service at any age) to retire and begin accumulating the monthly retirement benefits without terminating employment for up to 60 months.