Make the most of your future. Guaranteed.
Annuity Highlights
Minimum Initial Payment
$2,000
Minimum Subsequent Payment
$5001
Amount Available Without Withdrawal Charge
10%
Declining Withdrawal Charge
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| (year 1) |
7% |
| (year 2) |
7% |
| (year 3) |
6% |
| (year 4) |
6% |
| (year 5) |
5% |
| (year 6) |
4% |
| (year 7) |
0% |
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Solid performance for your retirement
GPA Plus Fixed Annuity offers guarantees on principal, minimum interest rates, and a reliable income for life.
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Key Features
Guaranteed Rate of Return
Lock in to a rate for 1, 3, or 6 years. Guarantees your investment will grow even during market downturns.
Your Principal is Protected
Rest assured that your hard earned money won't be exposed to market volatility.
CARESolutions
Combines easy access to your money along with valuable access to referral services and programs to help you cope with a challenging care situation.
Bonus Rates for Greater Earnings
Bonus interest rates are credited during the first year of each premium. Bonus interest rates, which are subject to availability, are 1%, 2% or 3% based on the size of the premium.
Low Cost of Entry
Get started with an initial investment as low as $2000.
Tax Deferral
You do not pay taxes until you withdraw money, so more of your money works harder for you. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 591⁄2, a 10% IRS tax penalty may apply.
Death Benefit Protection
Pass on accumulated assets to your beneficiaries.
Optional Benefits
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More Information About GPA Plus
Maximum Purchase Payment
$1,000,000 without prior home office approval.
Standard Death Benefit
The greater of total payments reduced by withdrawals or the value of the contract at that time.3
Retirement Withdrawals
Fixed annuity retirement options including payments guaranteed for life.
Qualified Plan Availability
Available for qualified and nonqualified plans.
State Availability
Available in all states.
GPA Plus Special Features
CARESolutions *
Nursing Home/Critical Illness Waiver
All withdrawal charges will be waived if you or your spouse are confined to a nursing home or diagnosed with a critical illness.
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Resources and Consultation
You and your immediate family members receive toll-free access to Seniorlink, a national eldercare program that provides professional expertise and personalized advice on a variety of age related issues, services and resources.
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Competitive Rates
John Hancock's Advantage List offers competitive rates at thousands of nursing homes and home health-care agencies across the country. (Not available in Puerto Rico.)
* Owner and spouse must be less than age 80 at time of issue to receive CARESolutions. Certain restrictions may apply. Please consult the contract or your financial professional for further information.
Waiver of withdrawal charges due to critical illness may not be available in all states. Benefit triggers may vary by state.
Seniorlink is the current referral-service provider for John Hancock. Seniorlink is not affiliated with John Hancock Life Insurance Company and our subsidiaries. This program may be changed or discontinued at any time.
Fixed annuities generally are subject to declining withdrawal charges during the first several years of a contract.
John Hancock Fixed Annuities are underwritten by John Hancock Life Insurance Company, Boston, MA 02117
An annuity is a long-term contract designed for retirement purposes, wealth distribution and wealth transference and not suitable for meeting short-term objectives.
Benefits and features are not available in all states.
FAGPAWEB 12/06 Policy and Rider Form Series
03GPA; 03GPAGRP; 00NHCI; 01NHCIG
