Question : Why does my W-2 have retirement plan X'ed on box 13?
I just received my W-2 and I noticed an X on retirement plan on box 13. But I did not sign up for a retirement plan. And I did find something odd with the amount of money I was getting per check after taxes. Would I be able to reteive this money? I can't afford to save a dime on a retirement plan right now.
- asked by Eddie H
All Answers:
Answer #1
Ask your payroll department. It's possible thatyour company has a company-paid retirement plan,but those are getting pretty rare any more.
- answered by Judy
Answer #2
Box 13 can indicate a couple of differentthings:Box 13 - may have a box checked thatindicates whether you are a statutory employee, aparticipant of your employer's retirement plan orreceived third party sick pay.Are you a statutoryemployee. Read about it at the link below and seeif it fits your job.Or perhaps your employer has aretirement plan which you do not have to pay into. Check with your HR representative. One thing forsure, if you didn't "pay in" you're not going tobe able to take anything out.
- answered by Tomk
Answer #3
If you company has a qualifying retirement planthen they are required to mark the box whether ornot you are paticipating.
- answered by kathykoul
| 
measure and fulfill your financial needs
