Login | January 23, 2025
Akron Legal News
Business
Overfunded 529 plan? Consider a Roth IRA rollover
If you set up a 529 education plan for your children or grandchildren that is no longer needed for education expenses, there is a new game in town. A law that went into effect this year permits 529 money to be rolled into a Roth IRA. That is, you can have money that you don't want to keep in the 529 transferred into a Roth IRA witho ... (full story)
US inflation picked up in December but underlying price pressures eased
WASHINGTON (AP) — U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
The consumer price index rose 2.9% in December from a year ago, Wednesda ... (full story)
Architects are bringing nature home by making trees part of the plan
By now, you may be familiar with biophilic design — it's the idea of integrating nature into design to enhance our connection to the environment. Sustainability, wellness and harmony are usually part of the deal.
Some architects and home designers are using one particular biophilic element to striking effect: trees.
We ... (full story)
Local
Spending, regulations and DOGE: Office of Management and Budget director plays vital role helping government get stuff done
(THE CONVERSATION) The Office of Management and Budget sounds obscure, yet the agency plays a crucial role throughout the federal government. Presidents rely on the office to turn their ideas and wishes into actionable and funded policies.
To explain what the Office of Management and Budget does, the role of its director and the ... (full story)
Mahoning Cty. attorney and educator Thomas Infante remembered
A dedicated and skillful attorney, Thomas Edward Infante entered the legal profession a little later in life, developing a reputation as a problem solver who always looked out for his clients’ best interests while adhering to the highest ethical standards, said his former law partner Lou D’Apolito, a retired Mahoning Cou ... (full story)
State
Millions have had student loans canceled under Biden — despite the collapse of his forgiveness plan
WASHINGTON (AP) — Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.S. history.
In a last-minute action, the Education Department canceled loans for 15 ... (full story)
Vulnerable Americans live in the shadow of COVID-19 as most move on
Susan Scarbro stares down a bowling lane at the distant pins.
She hears a sound that breaks her focus. Was that a cough? Will her mask protect her?
COVID-19 remains a very present threat for the 55-year-old. Scarbro has multiple immune disorders, making her vulnerable to infection.
"Any minute anybody could cough, j ... (full story)