With only about two weeks left in 2022, time is running out for you to make progress this year toward your retirement goals. Many retirement-focused tools have hard year-end deadlines, and missing them means you completely miss out on your chance to take advantage of that tool for the year. Even worse, in some cases, Uncle Sam could severely penalize you for not doing what needs to be done by the time Dec. 31, 2022, comes to a close.

With that in mind, these four year-end retirement actions are moves that make great sense to make by Dec. 31, 2022. If you want -- or need -- to take advantage of them, now really is your last, best chance to do so.

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Source Fool.com