Why does my W2 not show how much money i have contributed to my retirement plan?

I pay for a basic retirement plan but noticed it doesn't show on my W2.. it that correct? is it not deductible?

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If you contribute to a 401(k) or similar plan through your employer, it should be noted in Box 12 of your W-2. If it's not there, you should contact your employer to find out the reason and potentially get a Corrected W-2. Contributions to qualified retirement plans usually deducted using pre-taxed dollars. However, if you contributed to a Roth IRA, there is no tax deduction for that.