avoid

Minnesotans will avoid inflation-related tax sting with huge bracket adjustment

Minnesotans will avoid inflation-related tax sting with huge bracket adjustment

High inflation has led state and federal authorities to make larger than usual changes to income tax brackets for the coming year. Tax agencies in the United States and Minnesota have raised the floor of the brackets that determine the tax rate on wages and other personal income. In response to the highest inflation in …

Minnesotans will avoid inflation-related tax sting with huge bracket adjustment Read More »

Biden signs legislation to avoid national rail strike

Biden signs legislation to avoid national rail strike

WASHINGTON — President Biden on Friday signed legislation to force a labor agreement between railroads and workers who had been locked in a bitter dispute, averting a strike that could have upended the economy just before the holidays. “Without rail freight, many American industries would literally shut down,” Biden said before signing the bill, adding …

Biden signs legislation to avoid national rail strike Read More »

How to avoid mistakes with required minimum distributions from your retirement accounts

How to avoid mistakes with required minimum distributions from your retirement accounts

Kemal Yildirim | E+ | Getty Images You have about a month to make sure you get it right when it comes to mandatory retirement account withdrawals. Required Minimum Distributions, or RMDs as they are known, are annual amounts that must be withdrawn from the year you reach age 72 – from age 70.5 before …

How to avoid mistakes with required minimum distributions from your retirement accounts Read More »

Almost everyone expects a recession.  Could the economy avoid one?

Almost everyone expects a recession. Could the economy avoid one?

Comment this story Comment Joe Shamie hears a lot about an impending recession. But his company just doesn’t feel it. Shamie is expecting a decent holiday season for her company, Delta Children, which sells strollers, cribs, bassinets and other baby furniture. He is encouraged by the fact that global supply chains are thinning out and …

Almost everyone expects a recession. Could the economy avoid one? Read More »

Airlines try to avoid meltdowns as longer Thanksgiving travel period begins

Airlines try to avoid meltdowns as longer Thanksgiving travel period begins

Comment this story Comment Airlines handled the first weekend with ease in what they say will be a new extended Thanksgiving travel window, an early sign that their optimism as a critical holiday period approaches is well founded. But as the industry ramps up for one of its busiest times of the year, peak holiday …

Airlines try to avoid meltdowns as longer Thanksgiving travel period begins Read More »

Here's how Elizabeth Holmes can try to avoid jail for as long as possible

Here’s how Elizabeth Holmes can try to avoid jail for as long as possible

Elizabeth Holmes has at least one more chance to stay out of jail after a judge on Friday sentenced the aspiring biotech entrepreneur to 11 years and three months behind bars for defrauding a group of investors in her testing startup blood vessels collapsed, Theranos. Holmes’s freedom hinges on an expected appeal of his case, …

Here’s how Elizabeth Holmes can try to avoid jail for as long as possible Read More »

The hidden costs of early retirement - and why you might want to avoid this trend

The hidden costs of early retirement – and why you might want to avoid this trend

Would you be willing to make big sacrifices now, so you could retire decades earlier than planned? Gwen Merz and Derek Sall both thought so, until they started questioning their decisions. “Financial Independence, Retire Early,” or FIRE, is a lifestyle movement that encourages you to build up a comfortable nest egg — at least 25 …

The hidden costs of early retirement – and why you might want to avoid this trend Read More »

Foreclosures: what they are, how they work and 7 ways to avoid losing your home to one

Foreclosures: what they are, how they work and 7 ways to avoid losing your home to one

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Foreclosure is when a mortgage lender repossesses your home because you haven’t …

Foreclosures: what they are, how they work and 7 ways to avoid losing your home to one Read More »