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How General Electric Retirees Are Using AI to Simplify Everyday Life

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Healthcare Provider Update: Healthcare Provider for General Electric General Electric (GE) employees typically have access to healthcare coverage through their employer-sponsored health plans. One of the prominent providers for GE is Cigna Healthcare, which offers a range of health insurance plans including medical, dental, and vision coverage tailored to accommodate GE employees. Potential Healthcare Cost Increases in 2026 As we approach 2026, General Electric employees should brace for significant increases in healthcare costs. With insurance companies projecting premium hikes up to 66% in certain states, coupled with the potential expiration of enhanced federal subsidies, many workers could see their out-of-pocket expenses soar. A survey revealed that over half of employers plan to raise deductibles and out-of-pocket maximums, making it essential for GE employees to review their benefit options early and strategize for the rising costs. Failing to adapt could result in substantially higher healthcare spending for families at a time when affordability is more critical than ever. Click here to learn more

'Artificial intelligence is helping many General Electric employees simplify their transition into retirement by organizing finances and daily routines, but the key is to use these tools as support—not substitution—for thoughtful planning and professional guidance.' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'General Electric employees are finding that AI can streamline everything from budgeting to wellness, but lasting success in retirement comes from combining technology’s efficiency with informed financial decision-making.' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

  1. How artificial intelligence (AI) is helping General Electric retirees simplify daily life and handle complex tasks.

  2. The ways AI can enhance health, home, and financial organization in retirement.

  3. Why retirees are increasingly confident using AI to boost efficiency and reclaim valuable time.

Many General Electric retirees are discovering that slowing down isn’t always easy, despite looking for respite from decades of early mornings, complex undertakings, and global operations. Handling investments, planning vacations, and staying organized can still feel demanding during retirement.

That’s where artificial intelligence (AI) has stepped in. What once seemed futuristic is now a practical tool for General Electric’s retired professionals who want to streamline routines and reclaim valuable time.

According to Wealth Enhancement financial planner Kevin Won, CFP®, AWMA®, CRPC®, “we’re seeing older adults experimenting with AI tools for efficiency. They understand that these tools can help them reclaim time, which is one of life’s most precious resources.”

Simplifying Complex Tasks

While still in the workforce, AI is helping General Electric employees transform their daily workflow. Tasks that once took hours—such as reviewing financial reports or tracking industry or market data—now take minutes with the help of AI assistants that can summarize data, highlight key performance trends, and draft personal reports.

Others are using AI to enhance their personal lives. For instance, with an AI-powered trip planner, it's possible to enter your preferred travel destinations, dates, and hobbies, and have the chatbot design an itinerary for you complete with dining, sightseeing, and activity suggestions.

The same is true after retirement. “The retirees I work with value how AI brings order and clarity,” Won adds. “Whether it’s comparing health care options or managing monthly expenses, these tools can handle the heavy lifting so retirees can focus on other areas of their lives.”

Improving Health and Home Management

Many former General Electric professionals are also turning to AI for personal wellness and home organization. Some use chatbots for home maintenance guidance, while others leverage AI to build custom workout plans that adapt to travel schedules or physical limitations. These tools help retirees maintain consistency without needing advanced tech skills or expensive memberships.

According to Won, “AI can give older adults autonomy. They don’t need to wait for instruction or assistance. Technology enables them to take the lead in their daily lives, including finances and health care choices.”

A Modern Assistant for Financial Confidence

Retirees can also use AI to help arrange their financial information before meetings with advisors. From summarizing financial articles to preparing questions, AI helps retirees save time while staying informed. Some even use it as a digital filing assistant, categorizing tax documents, receipts, and travel logs for the upcoming year.

Won cautions, however, that “AI should be viewed as guidance, not a promise. It’s a powerful assistant, but it can still make errors—especially on topics like health or finance—so always double-check important information.”

From Skepticism to Confidence

While some retirees were initially hesitant to adopt AI, many have now incorporated it into their routines. Surveys show that, while older generations are slower to adopt new technologies, comfort and usage are steadily rising.¹

Won explains, “Retirees who’ve spent decades adapting to innovation in corporate environments, like General Electric, already have the resilience and mindset needed to learn new tools. Now, AI works for them—reducing complexity, not adding to it.”

A Smart Way to Simplify Retirement

For many retirees, using AI is about boosting productivity, not just curiosity. Automating travel planning, organizing budgets, and reducing decision fatigue can make retirement more manageable and less stressful.

According to Won, “you’re really adding peace of mind when you integrate smart tools into daily life. The goal isn’t to master the technology. It’s to let it operate behind the scenes so you can focus on what matters most.”

If you’re a General Electric retiree looking to organize your finances, streamline health care costs, or enjoy your retirement with fewer hassles, The Retirement Group can help. Call (800) 900-5867 to speak with a knowledgeable representative today.

For more information, visit WealthEnhancement.com or call Wealth Enhancement Group at (800) 492-1222 to speak with a Certified Financial Planner.

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Sources:

  • 1. Kakulla, Brittne, Laura Skufca, Patty David, Jessica Boothe, and Kristen Garrett. ' Empowering Independence With Technology Among Adults Age 50-Plus .'  Washington, DC: AARP Research, Jan. 2025.

  • 2. “Young Adults Are Leading the Way in AI Adoption.” AP-NORC Center for Public Affairs Research, 29 July 2025.

  • 3. Chui, Michael, et al.  The Economic Potential of Generative AI: The Next Productivity Frontier.  McKinsey Global Institute, June 2023.

  • 4. Chatbots in Consumer Finance. Consumer Financial Protection Bureau, June 2023.

  • 5. “Older Adults Express Mixed Views on Artificial Intelligence.” NORC at the University of Chicago, Oct. 2023.

What is the primary purpose of General Electric's 401(k) Savings Plan?

The primary purpose of General Electric's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary into a tax-advantaged account.

How can employees of General Electric enroll in the 401(k) Savings Plan?

Employees of General Electric can enroll in the 401(k) Savings Plan by accessing the company’s benefits portal and following the enrollment instructions provided there.

Does General Electric offer matching contributions to the 401(k) Savings Plan?

Yes, General Electric offers matching contributions to the 401(k) Savings Plan, which helps employees increase their retirement savings.

What types of investment options are available in General Electric's 401(k) Savings Plan?

General Electric's 401(k) Savings Plan typically offers a range of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance.

When can employees of General Electric start contributing to the 401(k) Savings Plan?

Employees of General Electric can start contributing to the 401(k) Savings Plan after they have completed their eligibility requirements, which usually include a waiting period.

What is the maximum contribution limit for General Electric's 401(k) Savings Plan?

The maximum contribution limit for General Electric's 401(k) Savings Plan is subject to IRS regulations and may change annually. Employees should refer to the latest IRS guidelines for the current limit.

Can employees of General Electric take loans against their 401(k) Savings Plan?

Yes, General Electric allows employees to take loans against their 401(k) Savings Plan, subject to certain conditions and limits set by the plan.

How does General Electric's 401(k) Savings Plan handle employee contributions?

General Electric's 401(k) Savings Plan allows employees to set a percentage of their salary to be automatically deducted and contributed to their retirement account.

What happens to the 401(k) Savings Plan if an employee leaves General Electric?

If an employee leaves General Electric, they can choose to roll over their 401(k) Savings Plan balance to another retirement account, cash out, or leave the funds in the plan if permitted.

Is there a vesting period for General Electric's matching contributions in the 401(k) Savings Plan?

Yes, General Electric has a vesting schedule for matching contributions, meaning employees must work for a certain period before they fully own those contributions.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
General Electric offers both a traditional defined benefit pension plan and a defined contribution 401(k) plan. The defined benefit plan provides retirement income based on years of service and final average pay. The 401(k) plan features company matching contributions and various investment options, including target-date funds and mutual funds. GE has frozen its defined benefit pension plan for new hires, shifting towards enhancing the defined contribution plan. Employees have access to financial planning tools and resources.
GE is continuing its restructuring efforts, which include significant layoffs and divestitures to streamline operations. The company is enhancing its retirement benefits, including 401(k) plans with company match and improved healthcare options. Staying knowledgeable about these benefits is crucial in the current political climate.
General Electric grants RSUs that vest over several years, giving employees shares upon vesting. They also provide stock options, allowing employees to buy shares at a set price.
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