An annuity is a contract between you (the purchaser or owner) and the issuer (usually an insurance company). In its simplest form, you pay money to the annuity issuer, the issuer invests the money for you, and then the issuer pays out the principal and earnings back to you or to a named beneficiary.

If you choose to work after retirement, you should be aware of the effect it will have on your Social Security benefits.

The new plan will cancel $10,000 in federal student loan debt for individual borrowers whose income is below $125,000 in 2020 or 2021.

The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate stock buybacks.