Retirees looking for income may find the most straightforward annuities attractive now, but there are caveats.

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 ...

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 ...

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 ...

A chief global strategist at J.P. Morgan Asset Management has said tax refunds issued in 2026 will be like COVID stimulus checks. Many Americans will end up getting a huge refund due to tax breaks ...

CABOT, Ark. (KNWA/KFTA) — The headline jackpot rarely reflects what a lottery winner ultimately keeps. For the Dec. 24 Powerball drawing, the advertised jackpot was about $1.817 billion, but the ...

Annuities can guarantee you lifetime income, but they have their drawbacks. Ramsey isn’t a fan of their high fees and commissions. A fixed annuity may also do a poor job of keeping up with inflation.

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The Powerball jackpot prize has now reached an estimated $1.5 billion, the seventh ...