Verse 22 in 2 Nephi 1 does not mean that the spirit and the body of the wicked will be annihilated or become extinct. Our spirits are eternal in nature, and all people born on earth will have a physical resurrection (see Alma 11:43–44). President Joseph Fielding Smith (1876–1972) explained the meaning of the destruction of the soul, as Nephi used it:
“Destruction does not mean annihilation. We know, because we are taught in the revelations of the Lord, that a soul cannot be destroyed.
“Every soul born into this world shall receive the resurrection and immortality and shall endure forever. Destruction does not mean, then, annihilation. When the Lord says they shall be destroyed, he means that they shall be banished from his presence, that they shall be cut off from the presence of light and truth, and shall not have the privilege of gaining this exaltation; and that is destruction” (Doctrines of Salvation, comp. Bruce R. McConkie, 3 vols. [1954–56], 2:227–28). Wickedness destroys the opportunity for a resurrection into a higher degree of glory (see D&C 88:30–31).