Viewpoints from Manulife John Hancock Retirement
As one of America’s most trusted financial brands, we believe everyone deserves the tools and guidance to achieve financial wellness and retire with confidence. We’ve made retirement plans work for nearly 50 years, and today we’re one of the largest full-service providers in the industry.
At Manulife John Hancock, we make retirement plans work.
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What are the lifetime income illustrations on my 401(k) statement?
If you’re saving in a defined contribution (DC) retirement plan, you receive a quarterly statement that shows your account balance and investments. To help you see how much monthly income your account balance will generate, your statement will start including two lifetime income illustrations.
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Adding a nonqualified deferred compensation plan to your benefits package
In a tough labor market, you may want to consider adding a nonqualified deferred compensation (NQDC) plan as a supplemental, tax-advantaged savings opportunity for executives and other employees.
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Six myths about retirement plans for small businesses—debunked!
We debunk the myths that keep many small business owners from offering a retirement plan.
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Three participant realities—and ways to improve your next retirement readiness assessment
Inspired by the research in our “State of the participant 2021” report, here are three observations on what retirement plan savers are going through today—and next steps you might consider to ease their journey going forward.
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Financial wellness programs can help increase employee loyalty and reduce stress
Even before 2020 became a four-letter word, financial stress was on the rise among Americans—and the pandemic has made it worse. In our latest financial stress survey, we learned how employees feel about financial programs and the types of help they’d like from their employers.
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Interim final rule on the SECURE Act’s lifetime income illustrations for defined contribution plans
The DOL has issued new lifetime income disclosure rules for defined contribution plans.
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A closer look at the DOL’s safe harbor eDelivery rule
The U.S. Department of Labor has provided final rules for eDelivery that ERISA plan sponsors should follow.
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IRS guidance for the CARES Act is worth the wait
Notice 2020-50 clarifies treatment of coronavirus-related distributions (CRDs) and explains increased loan limits and suspension of loan repayments.
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IRS provides relief and other guidance on 2020 required minimum distributions
Learn about recent RMD relief and guidance from the IRS.
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IRS provides guidance on midyear changes to contributions to 401(k) safe harbor plans
Get the facts about the IRS’s guidance on midyear changes to 401(k) safe harbor contributions.
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