One notable change from last year is increased utilization because of delayed preventive or elective care during the pandemic, which declined from 12% to 4%.

After a lot of pushback from employers and retirement industry organizations on a key SECURE 2.0 catch-up contribution change for higher-income employees, the IRS announced an "administrative transition period."

In his Jackson Hole speech, Powell noted that the Fed is making progress in slowing price gains but stressed that its job fighting inflation isn't done.