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.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor