Public pensions are in more trouble

On this week’s Money Matters, Scott and Pat discuss the economic implications of negative oil prices, the second stimulus package, and potential state bankruptcies. Scott and Pat advise a retired man looking to replace the $25,000 he took out as a Required Minimum Distribution at the beginning of the year. A mother of three asks how she can save for her three children. Finally, a California caller asks if she should invest in oil. Ask a question by clicking here, or email Scott and Pat at [email protected]. Download and rate our podcast here.