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FedExCup 101: How does the PGA Tour's postseason work?

With the PGA Tour having dramatically overhauled the FedExCup Playoffs in 2019 and more changes for this year here's a helpful primer on the postseason:

You may ask yourself, "These are not my usual playoffs. This is not my normal Tour Championship. How did I get here?"

The PGA Tour first staged the FedExCup Playoffs in 2007. The postseason has undergone a series of tweaks in the intervening years. This is the 16th edition of the playoffs and the fourth in which there will can only be one champion crowned at East Lake.