Products July 9, 2007

John Hancock to Offer 401(k) Rollover Option

July 9, 2007 (PLANSPONSOR.com) - John Hancock retirement plan participants will soon be able to use an option that allows them to roll their 401(k) account balances over from an employer-sponsored plan to another retirement account.
Reported by
Add as a preferred source on Google

According to a company press release, participants who are leaving their employer-sponsored plan will be able to choose from a roster of John Hancock mutual funds and portfolios, with John Hancock’s Lifestyle Portfolios being a key component.

The new program will include strategic rollover communications, a licensed call center, and a Web site.

Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.

The option will be available to participants in the fourth quarter of 2007, according to the announcement. .

For more information visit  http://www.jhrps.com/us/ .

«