ThomasM125
Employee Tax Expert

Retirement tax questions

The code of DD represents health insurance coverage, so you may be misinterpreting what is listed on the W-2 form.

 

If you are 50 years old or older $8,000 is the maximum you can contribute to an IRA in 2025. If you think your employer reported the amount in error, you will have to report the discrepancy to your employer and have them issue a corrected W-2 form.

 

[Edited 3/11/26 at 7:35 AM PST]

@tarashaffer 

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