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Money Matters by Allworth Financial

Roth vs. 401(k), HSA Withdrawal Strategy & Pension Rollover Advice for $2M–$10M Portfolios

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 28 February 2026

⏱️ 55 minutes

🧾️ Download transcript

Summary

In this episode of Money Matters, Scott and Pat walk through smart decisions around Roth vs. pre-tax savings, pension lump sums, and when it actually makes sense to use your HSA. They help a high-earning family think through life insurance gaps and special needs planning, guide a soon-to-be retiree through a $1 million pension decision, and revisit a multi-million-dollar couple debating whether to spend or preserve a large HSA. From tax diversification to retirement income strategy to how certain accounts are treated at death, this episode shows the difference between surface-level investing and true financial planning for $2M+ portfolios. 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.

Transcript

Click on a timestamp to play from that location

0:00.0

Would you like an opinion on a financial matter you're dealing with?

0:08.9

Whether it's about retirement, investments, taxes, or 401Ks,

0:13.2

Scott Hansen and Pat McLean would like to help you by answering your call

0:16.6

to join Allworth's Money Matters.

0:19.0

Call now at 83399 Worth.'s 833 99 w o r t h h h hugh welcome to all worth's money

0:27.6

matter scott hanson pat mcclain thanks for joining us yeah because we are setting about financial issues

0:33.4

talking about what else it's mostly fine it's not you know what it's not even finance it's

0:42.0

funny because like we're in the what do you want to call our business right now the latest

0:47.2

term is wealth management right we've been doing this long enough we were financial advisors

0:51.0

we're investment brokers financial advisors advisors, financial planners, wealth

0:56.2

management is the latest term. And those are only the good terms people use for us.

1:01.6

And for our industry. But I think from the from the outsider, it's like, oh, you guys just

1:07.9

your investment guys, right? What do you like find the best investments, pick investments. That's the question you get. What should I buy? Yeah. Or you just try

1:17.3

to save money on tax or whatever. But it's so much deeper than that because money is an interesting

1:22.7

tool. Jesus warned that the love of money is the root of all kinds of evils, right?

1:29.1

So if, like, that's your number one pursuit, it's probably going to lead to a lot of problems

1:34.8

in your life.

1:35.4

You're going to ignore everything else.

1:36.7

And the fact is, whoever loves money, never has money enough, right?

1:40.7

There's never, if that's your quest.

1:43.3

So there's just a strange balance where you've

1:45.1

got, all right, I don't want to be greedy and I don't want to have money be my God, but you can't

...

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