Allworth Financial’s Money Matters

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Year-End Tax Planning Tips, and Avoiding Taxes on Required Minimum Distributions

December 9, 2017

On this week’s Hanson McClain’s Money Matters, Scott and Pat provide year-end tips that can assist with tax planning, they help a caller wanting to know how to use home equity effectively, and they talk about interesting ways to avoid taxes on required minimum distributions.

Scott and Pat take a call from a woman who inherited property from her deceased parents and wants to know if the property tax will be reassessed. A couple who has significant credit card debt, wants to know what they should do to help manage their debt. A caller wants to know how she can defer the taxes she will pay when she sells her duplex.  A husband and wife want to know what their investment strategy should be if they have a large amount of retirement savings that they don’t need to use. Lastly, Scott and Pat welcome HMA’s, Barbara Healy, an advisor with the company for over 13 years, who shares a story about tax planning.

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.