Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Can you imagine refusing a portion of your paycheck and giving the money back to your employer instead?
That's essentially what you're doing if you fail to use your benefits to their full extent.
"It's often the little things that add up," said Kelley Long, CPA and member of the American Institute of CPAs' Consumer Financial Education Advocates.
"It can equal a couple thousand dollars per year, literally cash in your pocket," she said.
In fact, your workplace benefits average out to approximately 31 percent of your compensation, according to the Bureau of Labor Statistics.
The point isn't lost on workers: Four out of 5 individuals polled by the AICPA said they would choose a job with benefits over an identical gig that offered a 30 percent increase in salary but no benefits.
The institute surveyed 2,026 adults in an online poll in April.
Here are the most valued workplace benefits and how to get the most out of them.
More than half of the participants in the AICPA survey cited employers' 401(k) match and health insurance as the most desirable workplace benefits. Paid time off came in third, garnering 33 percent of the vote.
Further, about 1 in 5 participating millennials indicated that student loan forgiveness would help them reach their financial goals.
Though retirement plans and health-care benefits tend to be the headline workplace perks for many employees, Long said that workers should get to know the other perks they may have to get the most value from their compensation.
Underrated workplace benefits include access to back-up care services for employees who have small children or elderly parents, as well as counseling sessions for workers who are grappling with stress and other troubles, Long said.
Reimbursements of certain employee expenses are another item that might go overlooked, she added. If you're staying at the office late, ask about a reimbursement for a cab ride home or for dinner you consume at work.
"Take the step to get a reimbursement because, if you don't, it's literally money you're leaving on the table," said Long.
Here are a few ways to maximize your use of workplace benefits, according to Long.
Participate in wellness activities: Whether it's your company's initiative to get you to log additional steps during the day or a gentle nudge to register for a financial wellness program, you might be eligible for a small bonus just for signing up, said Long.
"It's money for things you want to do anyway," she said.
Be smart about your health savings account: This tax advantaged savings account is paired with high-deductible health-care plans.
With an HSA, you can put away pretax dollars, have them accumulate free of taxes and then spend them tax-free — as long as you use the money for qualified medical expenses.
"These plans deserve a second look if you're young and healthy," said Long.
Think beyond your traditional workplace offerings: Don't be afraid to dive into the nitty-gritty with your employer. Ask about how each works and learn more about how to get the most from them.
"Student loan repayment perks are very sexy, but how do they work?" asked Long. "They're usually capped at a certain amount."