In a recent private letter ruling (PLR 201949006), 1 the Internal Revenue Service (IRS) addressed the computation of the pro rata portion of accumulated deferred federal income tax reserve (ADFIT, ...

Q. Hi Dan. In your last column you wrote about “… a rather infamous provision dubbed the ‘pro-rata rule.’” One of my IRAs is non-deductible, so I need to know what that is and why it’s infamous. Can ...

Budget provides grand total of dollars in a 66% (WSCH) & 34% (WCH) split that the model then allocates by weighted semester credit hours (WSCH) & semester credit hours (SCH) respectively in a pro-rata ...

EDITOR'S NOTE: This article was originally published in the April 2010 issue of Kiplinger's Retirement Report. To subscribe, click here. Did you stash nondeductible contributions into an IRA with the ...

Pro-rata is a Latin term that means “in proportion”. In the context of salaries, a pro-rata salary means pay in proportion to the time employees work, although it can mean share dividends etc. This is ...

In a message posted to its internal communications channel earlier this week, the massive startup accelerator Y Combinator said it will change the terms of its own PPP (the YC pro rata investment ...