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Imagine a future where your retirement savings not only grow but are also safeguarded against market volatility and inflation. If this sounds appealing, you're not alone.
Investors are increasingly turning to gold IRAs as a reliable way to secure their financial future. Among the options available, the John Hancock Gold IRA stands out.
Renowned for its legacy of trust and excellence in financial services, John Hancock brings its expertise to the world of precious metals.
But what exactly makes their gold IRA offering so special?
In this article, we'll explore the features, benefits, and potential drawbacks of the John Hancock Gold IRA.
Whether you're a seasoned investor or just starting to consider your retirement options, you'll find valuable insights that could help shape your investment strategy.
Ready to discover how you can fortify your retirement portfolio with the stability of gold? Let's get started!
Before we get started, investing your savings is a serious task. When it comes to adding precious metals to your portfolio, how do you know which companies to trust?
That is why we have researched every company in the industry and selected the very few with the highest customer service standards.
This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.
Read the list to see if John Hancock passed our strict customer service standards to become one of our top recommendations.
Or
Get a FREE Gold Information Kit from our #1 recommendation, by clicking the button below:
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Who Is John Hancock Corp?
John Hancock offers many retirement plan opportunities for everyone. However, since many investors these days are turning to precious metals, can John Hancock Corp. provide a precious metals IRA for these investors?
John Hancock Corp. has provided customers with life insurance, financial products, and services for 161 years. The business offers fixed and variable-rate annuities, mutual funds, 401(K) retirement plans, college savings accounts, and long-term care insurance.
The company opened in 1862 in Boston, Massachusetts, and has a 1.02-star and A+ rating from the Better Business Bureau. The organization has been accredited by the BBB since 1996 and has had 164 customer complaints in the last three years, with 80 customer complaints over the previous year.
IRAs from John Hancock Corp.
John Hancock Corp. offers two types of individual retirement accounts. The managed IRA offers customized investment strategies guided by a seasoned financial advisor.
These advisors manage and oversee the IRA. Customers can track the progression of their retirement account through an online customer portal accessible with a user account on the company website.
The investments rollover IRA enables customers to choose from different investment options based on their current needs.
Clients can roll over money from other individual retirement accounts without fees throughout the account's lifespan. All IRA funds are tax-deferred until the owner decides to withdraw the funds or start distributions.
Clients can also transfer the balance of their John Hancock IRA to other retirement plans outside of the organization, including employer-sponsored retirement plans. John Hancock also offers several options for setting up distributions from these retirement accounts.
Investors who want to start a self-directed precious metals IRA where the account holds physical metals should look elsewhere. While they offer several retirement options, John Hancock Corp does not provide gold IRAs, and customers cannot start an IRA funded with any physical precious metals through this company.
Top 3 Companies to Choose Over the John Hancock Corp.
Investors who want to start a self-directed gold IRA should consider these three companies. They offer physical metals and terrific opportunities to save for retirement and build wealth. Celebrities have endorsed these organizations and hold them in high regard. Read on to learn more about the top three companies to choose over John Hancock Corp. and why.
1. Goldco - Best for Beginners
Goldco is highly recommended for starting self-directed IRAs. This organization was established in Los Angeles, California, over a decade ago and has since provided many customers with individual retirement accounts backed by the safety of physical gold.
The organization offers direct precious metals sales for anyone purchasing gold or silver and storing it in their homes.
Most of the company's inventory includes IRA-approved precious metals that investors can use to fund their individual retirement accounts.
Goldco is endorsed by many celebrities, including Ben Stein, Sean Hannity, and Chuck Norris. These celebrities hold the organization in high regard and recommend Goldco to everyone.
When reviewing the company's credentials, visitors see that Goldco has been accredited by the Better Business Bureau and also has a ton of positive reviews left by customers on Consumer Affairs.
Customers can purchase precious metals or set up a gold IRA, online, or via phone. They can also complete direct orders for metals outside of an IRA through the company's website. All they need to do is set up a user account and review the company's products.
A precious metals specialist can help them create their account, transfer funds, and fund the IRA with Goldco's products. The only drawback of Goldco is that there is a minimum investment for gold IRAs, and customers must invest at least $25,000.
Goldco is currently running a promotion where customers can also get up to 5% back in FREE Silver when they invest $50,000 - $99,999.
As well as get up to 10% in FREE Silver when they invest $100,000 or more.
Customers can request a free kit to learn how to set up an IRA, and the company website provides many resources for first-time and seasoned investors who want to discover more about investing in metals.
Goldco has a buyback program to help clients generate proceeds from their precious metals. There is a free kit the customers can request to get started, and the buyback process is straightforward.
Goldco can access the customer's account and review what metals they own if they were previous customers. These features make it easier for the precious metals specialists to provide a quote.
Verdict
Customers send their metals to the company for an inspection, and the company provides payment after the metals meet their inspection requirements.
Custodians complete buyback opportunities for investors who set up self-directed retirement accounts, and the customer can control how much they receive in distributions each month to manage their tax implications.
2. American Hartford Gold - Best for Bullion
Customers can get competitive rates for a gold IRA through American Hartford Gold. The company has operated in California since 2015.
When reviewing the company, clients see it has an extensive history of providing high-quality precious metals for individual retirement accounts and direct purchases.
Customers can visit any company's physical locations to complete purchases or set up their IRA with a custodian.
American Hartford Gold is accredited with the Better Business Bureau and has many celebrities endorse the organization, including Rudy Giuliani and Bill O'Reilly.
Customers can get many perks by setting up a self-directed gold IRA through American Hartford Gold. For example, customers get $10,000 in free silver with qualifying purchases, and they can get waivers for management services for their accounts based on how much they invest.
The company requires a minimum investment of $10,000 if the customer sets up an individual retirement account.
However, if they want to buy precious metals separately from an IRA, the minimum purchase amount is $5,000. Investors who meet these requirements can start saving for retirement and steadily build wealth.
The American Hartford Gold buyback opportunity is beneficial for retirees. Their custodians can sell their stored metals to the company and generate distributions. The process is simple, and the clients don't have to contact the gold seller directly.
Verdict
If they own precious metals outright, the clients can sell these metals through the buyback process whenever they want without penalties. However, early withdrawal penalties will apply if the customer gets distributions or liquidates their IRA before retirement age.
3. Augusta Precious Metals - Best Educational Webinar
Augusta Precious Metals is another popular choice for investors who want self-directed gold IRAs. This company was opened in 2013 in California and has offered gold IRAs and direct sales.
Investors do not have minimum purchase amounts for direct sales or individual retirement accounts, and the company has no known restrictions on who handles the clients' IRAs or where they store their precious metals.
As visitors learn more about the company, they discover that Augusta Precious Metals offers a seven-day price lock for all precious metals products, which helps customers get a fair price. During the seven-day price lock, the company won't increase the purchase price, and customers can take their time deciding if they are ready to invest.
This company also provides protection programs for all accounts they manage, and customers won't face unreasonable pricing for gold, silver, or other precious metals. A lifetime management program keeps client information confidential and prevents outsiders from compromising security.
The Better Business Bureau accredits Augusta Precious Metals and maintains high ratings on the website and Google. Many customers throughout the country have left positive reviews about the company, its products, and its services.
Since Augusta Precious Metals offers IRA specialists, customers can set up their retirement accounts quickly and without confusion. If they have any questions about these accounts, the specialists are available to help them.
Like other gold companies, Augusta offers a buyback program that makes it easier for IRA owners to liquidate their precious metals and get distributions when they retire. When visiting the company website, these clients find incredible resources to help them learn more about investing and how to track market prices.
Verdict
They also have a company blog where they can find additional information and insights into the precious metals market. John Hancock Corp. offers life insurance, long-term care insurance, and traditional and Roth individual retirement accounts. The organization has a rich history of providing investors with strategically planned IRAs and investment options.
Investors who want to set up traditional or Roth individual retirement plans or mutual funds might find what they need when visiting John Hancock Corp., as the company provides many investment opportunities. These options include annuities, 401(k) plans, and college savings accounts.
Final Thoughts
The company has been in business since the late 1800s, and many consumers trust the business to provide help with their financial goals. Select services are available with financial advisory services to help customers get the most out of their ventures.
However, investors interested in precious metals investments find that John Hancock Corp. cannot meet their needs.
Unfortunately, John Hancock Corp. doesn't provide self-directed gold IRAs, and investors who want to start these accounts must look to the top three companies mentioned above for these services.
Remember to read out list of the Top Gold Companies to see if John Hancock made the cut.
>> Click HERE to read our Best Precious Metals Investment Companies list <<
Or, if you like what you read about John Hancock, you can visit their website below.
At Digital Financing Task Force, we provide research and analysis for people that want to take control of their financial future and protect the savings that they have.
