Overtime Pay Extended To Millions Of Workers Under New Federal Rule

A Higher Threshold to Avoid Overtime Thanks to the Fair Labor Standards Act of 1938 (FLSA), salaried workers are guaranteed overtime pay at time and a half for any hours they work beyond the standard 40-hour workweek, with exceptions to the rule based on both the duties involved and salary level. Exemptions exist for executives,…
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Understanding Patient Assistance Programs

Patient Assistance Programs, also known as Prescription Assistance Programs, are designed to help low-income patients that have difficulty affording their prescription drugs. Drug companies set up the majority of PAPs, but others are set up through state/local governments as part of their social service programs. To take advantage of a PAP, you need to identify…
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Millionaires Share Their Top Priorities In Life

What’s most important to the very rich? The 2015 annual survey from U.S. Trust answers those questions, along with giving us further insights into the concerns and beliefs of high net worth Americans. Sure, expect a bunch of stereotypical responses, but some of the answers may surprise you. The top three priorities of the wealthy…
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5 Quick Financial Facts About Top Entertainers

1. Katy Perry was the highest-paid singer of 2015, raking in an incredible $135 million. 2. What’s the deal with money? Jerry Seinfeld laughed his way to $36 million in 2015, making him the highest-paid comedian in the world. 3. Hey now! Personality Howard Stern made $95 million in 2015. Now that’s Sirius. 4. $1.75…
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Household Debt Surpasses $90,000

A recent study shows that the average U.S. household debt has now passed the $90,000 mark, which includes household that are debt free. The “2015 American Household Credit Card Debt Study” also showed that the average household with debt owes $130,000. As of the fourth quarter of 2015, these debts include: Mortgage debt, with each…
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