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Getting a handle on your employee benefits and perks

Getting a handle on your employee benefits and perks

Finance
Company benefits and perks are an essential and much appreciated part of compensation, but staying on top of changes every fall can be a chore."Most people don't look at their complete packages every year," said Eric Roberge, certified financial planner and founder of Beyond Your Hammock. "They just do [the minimum] — what they have to do."Here are the areas that warrant special attention, along with the questions financial advisors suggest you ask before choosing your company benefits.Roberge asks his clients to answer these questions:Do you have a matching contribution?Are you taking full advantage of it?Have the investment options (especially mutual funds) changed?Are you allocated correctly?Should you rebalance?It's important to pay attention to how you save, advisors said."One thing t
These charts show how quickly bitcoin is growing

These charts show how quickly bitcoin is growing

Finance
As bitcoin soars to all-time highs, the pace of gains is rapidly picking up speed. For example, it took well over 1,000 days for each leg of bitcoin's climb from a few cents to $ 1,000, and from $ 1,000 to $ 2,000. But since bitcoin topped $ 2,000 for the first time this May, the digital currency has added each incremental $ 1,000 to its price in less than 100 days. Each colored band in the chart below shows how long it took for bitcoin to climb from one psychologically key level to the other. The latest climb from $ 4,000 to $ 5,000 only took about 60 days. Bitcoin is gaining $ 1,000 at a faster and faster paceSource: CNBC analysis of CoinDesk dataBitcoin hit a record high of $ 5,856.10 Friday, a sixfold increase for the year, according to CoinDesk. The digital currency now has a market c...
Is locking your Equifax credit report good enough?

Is locking your Equifax credit report good enough?

Finance
Freezing your credit after Equifax hack...not so easyAfter facing outrage over last month's security breach, Equifax said it will offer a new, free service that gives consumers more control over their personal information.It's called a credit lock, and it will allow people to decide who has access to their Equifax credit report. Problem is, locking your credit at Equifax will still leave you vulnerable to identity theft -- you need to block access at all three agencies. Richard Smith, who retired as CEO after the hack, told Congress that locks should become an industry standard, calling on the other two credit reporting agencies to step up. "I would encourage TransUnion and Experian to do the same. It's time we change the paradigm and give the power back to the consumer to control who a...
What to Expect From Bank of America’s 3Q Earnings

What to Expect From Bank of America’s 3Q Earnings

Finance
Earnings season is upon us, with all four of the nation's biggest banks set to report third-quarter results this week. JPMorgan Chase (NYSE: JPM) and Citigroup (NYSE: C) will kick things off on Thursday, followed by Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) on Friday.Here's what to expect from Bank of America's performance in the three months ended Sept. 30, 2017.Image source: Getty Images.Bank of America's 3Q earnings previewGenerally speaking, Bank of America's earnings are expected to rise. In the third quarter of last year, the nation's second-biggest bank by assets earned $ 0.41 per share. The consensus estimate for the just completed quarter, by contrast, pegs the bank's earnings per share at $ 0.46, which would translate into a 12% inc...
Vroom vroom: CarGurus prices IPO at $16, above the range

Vroom vroom: CarGurus prices IPO at $16, above the range

Finance
Shutterstock photoCarGurus, an online marketplace for buyers and sellers of new and used cars, raised $ 150 million by offering 9.4 million shares at $ 16, above the range of $ 13 to $ 15. CarGurus plans to list on the Nasdaq under the symbol CARG. Goldman Sachs, Allen & Company and RBC Capital Markets acted as lead managers on the deal. The article Vroom vroom: CarGurus prices IPO at $ 16, above the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOS...