Good-quality 401(k) plans can have much to recommend them--ultralow-cost investment options and in some cases better legal protections than are afforded by IRAs. In fact, the Department of Labor's ...
Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...
Pro rata ensures equal treatment based on stake or time in financial transactions like mortgages. When shifting insurance mid-plan, pro rata calculations secure partial refunds based on unused ...
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