New Variable Annuity from John Hancock

According to "John Hancock Releases Retail Variable Annuity" by Rebecca Moore from Plan Advisor, this new annuity has fewer costs associated with it and is quite simple in comparison to other variable annuities.AnnuityNote has 5 main benefits for the purchaser.  The first is a guaranteed income for life of 5% after waiting for 5 years.  There also is not a surrender charge so investors can access their money immediately if need be.  The annual expense is 1.74% which includes both the... Read More - Prefooter


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