Thursday, April 10, 2008
John Hancock Retirement Plan Services Officially Launches New 401(k) Guaranteed Income for Life Rider
John Hancock Retirement Plan Services (RPS) today officially launched and began enrolling employees in Guaranteed Income for Life, an optional rider on its 401(k) plans to help participants protect and build their retirement savings through a principal guarantee offering upside potential, downside protection and a source of income for life. Guaranteed Income for Life, which also offers an industry-first portability solution and carries a cost of 35 bps, was first made available for proposals on January 28, and has already been included in 25 new contracts and is pending in many others.
John Hancock Retirement Plan Services Officially Launches New 401(k) Guaranteed Income for Life Rider
Source: Yahoo! Finance
John Hancock Retirement Plan Services Officially Launches New 401(k) Guaranteed Income for Life Rider
Source: Yahoo! Finance
Permalink posted by armandn @ 7:56 AM 
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