Big Financial Decisions: Pensions, Tax Strategy and Leaving Money to Heirs

Taxes can quietly shape some of the biggest financial decisions you’ll ever make — from choosing how to take a pension to deciding how to leave money to your heirs. On this week’s Money Matters, Scott and Pat take calls from listeners working through those exact issues. One caller is weighing a pension lump sum against monthly payments, and the tax consequences of that decision become central to the conversation. The guys also discuss how asset location affects tax efficiency, why different accounts are taxed differently, and how thoughtful planning can help reduce unnecessary taxes over time. They even explore ways to structure inheritances that protect beneficiaries while keeping taxes in mind. Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here . You can also be on the air by emailing Scott and Pat at questions@moneymatters.com . Download and rate our podcast here .

You can listen to Big Financial Decisions: Pensions, Tax Strategy and Leaving Money to Heirs online on Radio and Podcast. Open the player on this page to stream the available audio.

Big Financial Decisions: Pensions, Tax Strategy and Leaving Money to Heirs is an episode from Hanson McClain's Money Matters by Allworth Financial.

This episode is 53:41 long.

This episode was published on Feb 21, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Hanson McClain's Money Matters when more episodes are available from the podcast feed.