More certainty for your plan

Guaranteed Income for Life Select responds to your employee’s needs. It is a unique feature that provides your plan participants with predictable retirement income for life that is protected from market events.

 

Guaranteed Income for Life Select can provide!

  • Predictable growth, year after year before retirement
  • Greater certainty throughout retirement
  • Protection from unpredictable markets

Review the brochure in “Get the details” for important information, including restrictions, limits and fees.

Lifetime
Income Amount

Calculates how much money you could
have in retirement.

Legal | Privacy & Security | Corporate Web site

 

A Plan Trustee should consider the objectives, risks, charges, and expenses of the investment options to which the feature applies and the limitations, terms and conditions of the feature as set forth in the Lifetime Income Benefit Rider before selecting this feature. An additional fee is charged for the guarantee.

John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) and John Hancock Life Insurance Company of New York (John Hancock New York) herein collectively referred to as "John Hancock".

Although Guaranteed Income for Life Select provides a guaranteed income base as well as guaranteed minimum withdrawal benefits, Guaranteed Income for Life Select investment options are variable investments and may lose value. The guarantees provided are contingent on the plan’s trustee’s election to continue maintaining its group annuity contract with John Hancock or the election of a participant to rollover his or her benefits to a recipient rollover vehicle available from John Hancock upon termination of participation in the plan.

Guarantees of withdrawals provided under the “Guaranteed Income for Life Select” are supported by John Hancock’s general account and are contingent on the claims paying ability of John Hancock and does not apply to the investment performance or safety of the underlying portfolios. Guarantees are subject to the limitations, terms and conditions set forth in the Rider.

Guarantees of withdrawals provided under Guaranteed Income for Life Select are supported by the issuer's general account and are contingent on the claims paying ability of the issuer. The guarantees do not apply to the investment performance or safety of the underlying portfolios.

Subject to state approvals. Guaranteed Income for Life Select may not be available in your state.

To obtain group annuity investment option Fund sheets and prospectuses for each sub-account’s underlying investment vehicle call 1-800-574-5557 for a plan sponsor with a plan domiciled in New York, for a plan sponsor with a plan domiciled in all other states call 1-800-333-0963. These documents contain complete details on investment objectives, risks, fees, charges and expenses as well as other information about the underlying investment vehicle, which should be carefully considered. Please read these documents carefully prior to investing.

This information does not constitute legal or tax advice with respect to any taxpayer. It was neither written nor intended for use by any such taxpayer for the purpose of avoiding penalties, and it cannot be so used. If it is used or referred to in promoting, marketing, or recommending any transaction or matter addressed herein, it should be understood as having been written to support such promotion, marketing, or recommendation, and any taxpayer receiving it should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.

Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name. Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. Product features and availability may differ by state.

NOT FDIC INSURED/MAY LOSE VALUE/NOT BANK GUARANTEED/NOT INSURED BY ANY GOVERNMENT AGENCY

© 2010 John Hancock. All rights reserved.

For Plan Sponsor use only.

PS17122GE 01/10-17122