On this week’s Hanson McClain’s Money Matters, Scott and Pat take several calls and talk about the importance of getting the proper retirement advice.

Scott and Pat take a call from a man who pre-paid his property taxes for 2017 and wants to know if that was the right choice and if there have been any changes to the new tax law that would keep him from claiming those property taxes. A caller wants to know if he should take the joint and survivor annuity pension option that his company is offering. A woman who inherited an IRA from her mother wants to know what she should do with the IRA and how soon she needs to make a decision. A caller who recently made a Roth conversion before the age of 59½ wants to know if there is anything he can do to mitigate the tax consequences and how he should go about paying the taxes in the future. Lastly, a couple disagrees on when to take distributions from their IRA, and want Scott and Pat’s opinion to be the deciding factor.

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about estate planning with the new tax laws and the current state of the stock market.

Scott and Pat take a call from a caller who received a large windfall from his employer's pension plans and wants to know how to mitigate the increase in his Medicare premiums. A caller wants to know what he and his wife should do with the money she inherited. A woman inherited money from her father and wants to know if the money will be taxed. A man calls on behalf of someone else and wants to know what the maximum Wind Fall Elimination program reduction would be for a teacher who wants to retire at 62. Lastly, Scott and Pat welcome Andrew Kroll, Estate Planning & Asset Protection Attorney at Kroll Law Offices, P.C.

On this week’s Hanson McClain’s Money Matters, Scott and Pat interview a CPA from Denver to talk about the new tax law changes and they talk about the state of Cryptocurrency.

Scott and Pat take a call from a caller who has several rental properties want to know how much money he should have in an emergency fund. A man who has an indexed based annuity wants to know what he should do with the rider. A caller wants to know if he should contribute his $16,000 bank of accruals disbursement into his Roth or 457. A man calls on behalf of a friend who is going through a divorce and needs help making a community property decision regarding a CalPERS pension account. A retired military vet wants to know if he and his wife have enough to retire comfortably. Lastly, Scott and Pat welcome Bill Holben, Managing Partner of Holben Hay Lake Balzer CPAs in Denver, Colorado, to talk about the new tax law.

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about a new spin on brokers selling non-traded real-estate investments, and the state of the stock market.

Scott and Pat take a call from a caller who has a variable annuity and wants to know what he should do with that annuity should he need the money. A women who is retired and needs to do $20,000 worth of home improvements and wants to know where she should pull the money from. A women is calling on behalf of her daughter and wants to know if her and her husband should use their savings to pay down the mortgage or continue to save. Next Pat and Scott talk about the current state of the stock market.  A caller wants to know if he and his wife should pay off their primary residence and retirement home they purchase in the California, Foothills. Lastly, Scott and Pat welcome Hanson McClain advisor Eric Henry, who discusses a situation with a client who wants to invest in non-traded real-estate investment trusts for the purpose of long-term care planning.

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

On this week’s Hanson McClain’s Money Matters, Scott and Pat take several calls including one from the son of a widowed mother who is trying to help his mom with her financial situation now that dad is gone, and a gentlemen who wants to know if he should change his withdrawal strategy from his IRA’s based upon the new tax law.

Scott and Pat take a call from a women who lives in Minnesota and wants to know if there are options for older workers who do not want to leave the workforce. A caller recently retired and wants to know if she should pay off her mortgage with her money market account. A caller is calling on behalf of his widowed mother and wants to know if they should invest the money from her annuity in the stock market. A man who has a large retirement savings wants to know if given the new tax laws he should adjust his retirement income withdrawal strategy. A caller’s wife is a nurse but doesn’t currently have a retirement plan provided by her employer and wants to know where she should save to lower their combined taxable income. Lastly, a women who owns an annuity but doesn’t need the money wants to know if she should annuitize her variable annuity now.

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about the new tax laws and what it will mean for you, and they take a call from a man deciding between a monthly pension and a lump sum.

Scott and Pat take a call from a man who is a disabled vet and wants to know if he can retire from his part-time job and be financially secure. A caller wants to know if he should take a monthly pension or a lump sum from his current employer. A man who is still working at 70 ½ and wants to know if he has to take his minimum distribution and if he can still contribute to his 401(k) through his current employer. A caller wants to know if he should purchase a $40,000 a year Universal Life Insurance policy. Lastly, a caller recently refinanced to a 15 year mortgage and wants to know if her and her husband should be making extra payments to get the mortgage paid off even sooner.

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.