The issuance of Revenue Regulation 28-2025 by the Bureau of Internal Revenue (BIR) on Dec. 22, 2025, represents a significant leap toward the modernization of a long-outstanding tax requirement that ...

RALEIGH – The lucky lottery player who won last week’s Powerball jackpot of $209.3 million claimed the prize on Thursday at ...

If you own an annuity — or you’re thinking about buying one — you’re probably wondering how much of it the IRS will tax. The answer isn’t one-size-fits-all. Whether annuities are taxable, and how much ...

Life and health insurers expect the government to raise the income tax exemption limit on life and health premium payments and align the tax treatment of insurance annuities with other pension ...

To get a new tax break included in the One Big Beautiful Bill Act, some seniors need to lower their taxable income. Annuities can help do that. MEDFORD, OR / ACCESS Newswire / January 8, 2026 / The ...

As the end of the tax year approaches, there’s no better time to maximise your contributions towards a retirement annuity (RA). Whether you’re self-employed, earning irregular income, or simply ...

The Bureau of Internal Revenue (BIR) issued Revenue Regulation (RR) 28-2025 last Dec. 22, 2025, to implement the enhanced ...

This story is sponsored by B.O.S.S. Retirement Solutions. You probably know how much money you have saved for retirement. But do you know how much money you'll owe in taxes when you're retired? "If ...

A 20-year-old Canadian lit up social media after she won the lottery in the summer of 2025 and (gasp!) chose to accept her winnings in an annuity rather than a lump sum. Instead of taking a tax-free ...