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On this week’s Money Matters: The episode begins with a discussion about larger brokerage firms and how their advisors are compensated. Then Pat and Scott take a call about preparing for retirement in the next 5 years, and how it’s changed, followed by a question asking if a person should take a 401k loan to pay off their credit card debt. Lastly, a call asking if income from a rental property needs to be claimed on a tax return. 

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

Ask a question at moneymatters.com, or email Scott and Pat at questions@moneymatters.com.