Breaststroke Technique Question--What to do with the Hands

Hi all, I'm new back into swimming after taking the last 14 or so years "off". When I was last swimming, the wave style breaststroke was really just coming into its own and I never fully got it down. I'm trying to train it now but I have a question--are people still pulling their hands out of the water with each stroke? These seems like a terrible waste of effort if you're just going to push back down into a streamline... Thanks for your thoughts! Keith