Allworth Financial’s Money Matters

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Preparing for retirement, here is the best option for each caller’s situation.

December 2, 2017

On this week’s Hanson McClain’s Money Matters, Scott and Pat take several calls, helping callers to determine what options are right for their retirement planning needs. And their response to one caller, in particular, may surprise you. 

Scott and Pat take a call from a man who is helping a friend and wants to know what are the advantages and disadvantages of taking a distribution from a 403B versus an IRA. A caller is considering getting a joint title of property with her mother and wants to know if she will have to pay capital gains when her mother passes. Great savers want to know if they should covert some of their Traditional IRA to a Roth IRA each year. A caller wants to know if his plan to purchase multiple single premium immediate annuities makes sense. A husband and wife want to know when they should start taking Social Security. Lastly, a caller wants to know if she needs life insurance or not.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at at any time to be featured on a future show.  

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.