CoSupport AI
What is GovRet?
GovRet offers a user-friendly platform designed to simplify the complexities of FERS retirement annuity planning. The platform provides Federal Employees a visual dashboard to view and optimize their retirement benefits.
It incorporates AI-driven optimizations and projections, along with a step-by-step Retirement Wizard, to help with this complex task. GovRet makes it simpler for civil servants to understand their retirement options and make informed decisions.
Features
- Visual Dashboard: View your retirement annuity and benefits through a visual dashboard with AI optimizations.
- Retirement Wizard: Step-by-step Retirement Wizard for easy planning.
- AI Optimization: Use your retirement data or allow AI to optimize different scenarios.
- COLA Projections: Adjust annuity using COLA projections.
- Retirement Planning: Plan immediate, deferred or postponed retirement.
- FEHB Eligibility: Determine FEHB eligibility in retirement.
- Survivorship Annuity: Estimate spouse survivorship annuity.
Use Cases
- Planning for immediate, deferred, or postponed retirement.
- Estimating retirement annuity amounts.
- Determining FEHB eligibility during retirement.
- Calculating spouse survivorship benefits.
- Optimizing retirement benefits using AI-powered scenarios.
- Adjusting annuity projections based on COLA.
FAQs
-
When am I eligible for retirement?
GovRet helps you determine your retirement eligibility based on OPM guidelines. -
Can I retire early, and if so, how much will I receive?
GovRet allows you to explore early retirement scenarios and estimate your annuity. -
Will I be able to keep my FEHB plan in retirement?
GovRet helps you determine your FEHB eligibility in retirement. -
What benefits will my spouse receive as my beneficiary?
GovRet helps you estimate spouse survivorship annuity.
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