My employer does not offer a 401 K or SIMPLE IRA in which employer match or contribute anything for retirement. Employer offers a voluntary 401 K in which if an employee desires he/she can contribute out of her salary.
I do not currently make any out of salary contribution to that voluntary 401 K.
I worked for the same employer in last eight years and all those years I received W2 without box 13 retirement plan unchecked.
For 2010 my W2 had Box 13 (retirement plan) checked but under box 12 only shows $10 for group term life insurance.
Upon inquiry to payroll department I have been told that after 5 years of service you are enroll in some sort of pension plan that's why Box
13 Retirement Plan is checked. (Well than that did not happen in 2009 W2 even though I was eligible for the said pension plan)
Is this correct? If I am covered under some sort of pension plan does box 13 Retirement plan has to be checked in w2.