A salaried employee is someone who is paid based on an annual amount, rather than by an hourly rate. Salaried employees are usually full-time workers, although some work part time. Their salaries are ...

Yesterday, renowned investor Fred Wilson of Union Square Ventures observed in a blog post that fewer founders in today’s go-go market have been honoring what are called pro rata rights, or the right ...

Note: This article is part of Morningstar's 2018 Guide to IRAs special report. A version of this article appeared on Oct. 10, 2016. At first blush, the term "pro rata" sounds like the worst type of ...