The idea of saving for retirement has been around for a long time, but the way we save has changed significantly. Most people can no longer count on a pension, and longer life expectancies and rising costs are making retirement costlier than ever. So we now focus more upon personal savings and set higher savings goals than generations past. 

As our savings strategies change, the laws regarding our retirement accounts also have to change to keep up. Here are three new rules that went into effect at the start of 2023 that you may not have heard about. 

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Source Fool.com