robot placing money in piggy bank (Photo: Shutterstock)

2022 was certainly an eventful year for retirement savers. As participants adjusted to a "new normal" amidst the COVID-19 pandemic, 2022 brought additional uncertainty, record inflation, and a market downturn. But not everything was doom and gloom. Participants continued to make meaningful progress against their retirement goals, and Washington further improved Americans' ability to save for retirement, including the IRS' decision to increase plan contributions and the anticipated passage of SECURE 2.0.

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