I didn't think iron deficiency was a common problem in the Acer genus to begin with. Silver maples sometimes suffer from a manganese deficiency which has the same foliar appearance as iron deficiency, aka chlorosis, i.e. bright chartreuse leaves that eventually turn yellow, very prematurely compared to healthy specimens of the same species. So if your tree had bright yellow leaves when they normally should have been darker green, then it could possibly be chlorotic. I see no signs of that in your tree, based on the pictures you provided.
in either event, the source of both MN and FE deficiencies is usually due to poor soil pH, generally too alkaline. Very common in plains states and other regions with clay soil, and somewhat alkaline water. This results in a problem with cationic exchange capacity, that is when the soil becomes too far into the alkaline pH range, the iron and manganese that is present in the soil becomes bonded to the soil particles and unavailable to the plant. Even assuming that was the problem with your tree, chlorosis is a very easily and affordably treated problem, managed by properly timed concentrated chemical injections to either the soil or the buttress area of the roots. I'm not impressed with the plugs sold at retail outlets.
I agree with the previous poster in that your tree was planted to deeply. I've seen Greenspire lindens grow to 40' after having been planted too deeply, eventually falling over into the street after a storm. This occurred even after corrective measures were taken to attempt to save the tree (in the manner described by the previous poster) several years after planting when a consulting arborist noticed it.
keeping a tree healthy is tantemount to its survival obviously -- a stressed out tree will produce larger amount of different hormones that a healthy tree will not; these hormones will attract insects which will easily finish off the suffering tree.
Based on the size and poor health of the tree you have pictured, I would remove it and properly plant something else.
good luck