Portage County Legal News

Portage County Legal News.

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Is a Backdoor Roth 401(k) for You?

Individuals eager to increase their tax-advantaged retirement savings are considering "mega backdoor Roth 401(k) conversions" -- should you?
Let's start with some basic rules.
Most people are familiar with Roth IRAs that individuals set up on their own. I'm talking about something different: Some, but not all, empl ... (full story)

Space for music on late-night TV has dwindled. New media seeks to offer an alternative

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NEW YORK (AP) — When CBS ended “The Late Show With Stephen Colbert” earlier this year, it also shuttered the program's robust music offerings — a major blow for artists whose television platform was already dwindling.
Performing on late-night has historically been a unique avenue for musicians hoping to a ... (full story)

The best SUVs for towing in 2026, according to Edmunds

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Choosing the best new SUV for your needs can be difficult, especially if you plan on using it for towing. A vehicle’s maximum tow rating is an important consideration, but it only tells part of the story. The best towing SUVs combine stable handling, strong braking, and enough power to keep you moving on hills and mountain gra ... (full story)

Funds or Stocks?

Q. I really don't want to lose money. So should I only invest in mutual funds and not stocks? -- K.T., Biddeford, Maine
A. Mutual funds can lose money, just as stocks can, particularly funds that invest in stocks. Most investments carry some risk. The least risky (such as U.S. Treasury bonds) will often grow very slowly. Stocks ... (full story)

3 tricky decisions for every retirement plan

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Many aspects of retirement planning are the subject of hot debate, even among experts. Here are three tricky decisions that confront people planning retirement today.
Decision 1: How much to withdraw each year in retirement
It’s impossible to say at the outset of retirement what the “right” withdrawal rate ... (full story)