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Icon of program: Mil Reserve Retirement Calc

Mil Reserve Retirement Calc for iPhone

Mil Reserve Retirement Calc: Easily Calculate Retirement Pay and Survivor Benefits

  • Paid
  • 4.9
  • 1
  • V 1.23

Mil Reserve Retirement Calc: Easily Calculate Retirement Pay and Survivor Benefits

Mil Reserve Retirement Calc is a powerful tool designed to help US military reserve and guard service members calculate their expected retirement pay and Survivor Benefits Program (SBP) deductions. With a user-friendly interface, this app makes it easy to input the relevant information and obtain accurate results.

The app assumes that the service member falls under the High-3 Retirement System, with a service entry date on or after September 8, 1980. It also assumes that the service member will be at the inputted pay grade for the last three years before retirement and will transfer to the retired reserve at the inputted year of retirement.

Once the necessary information is provided, the app calculates the monthly retirement pay for the first year of retirement and determines the SBP premium. The premium details can be conveniently emailed to the user, ensuring all the necessary information is readily available.

It's important to note that the app currently does not calculate potential benefits under the Blended Retirement System (BRS). However, it provides accurate calculations for the High-3 Retirement System.

Mil Reserve Retirement Calc is a valuable tool for military service members who want to plan for their future and make informed decisions about retirement. With its precise calculations and user-friendly interface, this app is a great addition to any service member's financial planning toolkit.

Icon of program: Mil Reserve Retirement Calc

Mil Reserve Retirement Calc for iPhone

  • Paid
  • 4.9
  • 1
  • V 1.23